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SLIDE 1

6/8/2017 1

Wor king with the Mar ke t for Gr e e n Stor mwate r Infr astr uc tur e

T hursda y, June 8, 2017 1:00 – 2:30pm E a ste rn

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SLIDE 2

6/8/2017 2

T

da y’ s Mo de ra to r
Sa ndra K

. Ra lsto n

– Princ ipa l, Co nse nsus

L L C

– Cha ir o f the

Sto rmwa te r I nstitute ’ s Adviso ry Co mmitte e

SUBHE AD

SLIDE 3

6/8/2017 3

A center of excellence and innovation

housed within WEF

Responds to stormwater professionals

for a central hub on stormwater issues, and provides a platform to develop best practices and share better approaches to stormwater management

Provides new options for collaboration

and funding for key initiatives

http://wefstormwaterinstitute.org/

Objectives for stormwater success

Work at the watershed scale Manage assets and resources Close the funding gap Support innovation and best practices Transform stormwater governance Engage the community

SLIDE 4

6/8/2017 4

SWIMe mb e rs

16 Munic ipa l/ Utility

me mb e rs

16 T

e c hno lo g y/ Se rvic e Pro vide r me mb e rs

2 No n-

Go ve rnme nta l/ Ac a de mic

SWI Adviso ry Co mmitte e

12 Dive rse Se c to r Re pre se nta tive s

– Multiple size sto rmwa te r pe rmite e s – Co nsulta nts – Ac a de mic a nd NGO – WE F Sto rmwa te r Co mmitte e – Na tio na l Munic ipa l Sto rmwa te r Allia nc e – Sta te Re g ula to ry Ag e nc y – T e c hno lo g y Pro vide r

ide ntify prio ritie s fo r the I

nstitute ’ s fo c us

a dvise o n o rg a niza tio n mo de l a nd pro g ra ms tha t

will a ttra c t a nd se rve sto rmwa te r ma na g e rs

SLIDE 5

6/8/2017 5

SWI Pro g ra ms

Na tio na l Gre e n I

nfra struc ture Ce rtific a tio n Pro g ra m (NGI CP)

2017 Na tio na l Munic ipa l Sto rmwa te r a nd Gre e n

I nfra struc ture Awa rds

SWI

Po lic y F

rum (2017 Wa te r We e k)
Sto rmwa te r T

e sting a nd E va lua tio n o f Pro duc ts a nd Pra c tic e s (ST E PP) I nitia tive

Sto rmwa te r F

ina nc ing I nitia tive – E

ng a g ing Priva te Ca pita l fo r Gre a t L a ke s Gre e n I nfra struc ture F ina nc ing (Pa rtne rship w/ Ame ric a n Rive rs) – Wo rking With the Ma rke t fo r Gre e n Sto rmwa te r I nfra struc ture (pa rtne rship with Na tio na l Ne two rk fo r Wa te r Qua lity T ra ding )

T

da y’ s Spe a ke rs
Car

r ie Sanne man, Cle a n Wa te r Pro g ra m

Ma na g e r, Willa me tte Pa rtne rship

Se th Br
wn, P.E

., Princ ipa l/ F

unde r, Sto rm

a nd Stre a m So lutio ns, L L C

Ke n Susilo, P.E

., CPSWQ, Se nio r Princ ipa l Wa te r Re so urc e s E ng ine e r, Ge o synte c Co nsulta nts

Jane t Cle me nts, Se nio r Wa te r Re so urc e

E c o no mist, Co ro na E nviro nme nta l Co nsulting , L L C

SLIDE 6

6/8/2017 6

4640 SW Macadam Ave., Suite 50, Portland, OR 97239 | T: 503.946.8350 | F: 971.229.1968 | W: www.willamettepartnership.org

Wo rking with the Ma rke t fo r Gre e n Sto rmwa te r I nfra struc ture

A re po rt fro m Sto rm & Stre a m So lutio ns L L C a nd Willa me tte Pa rtne rship

LAYING THE GROUNDWORK FOR MORE EFFECTIVE CONSERVATION.

Willa me tte Pa rtne rship

SLIDE 7

6/8/2017 7

Wha t is it?
Why? Why no w?
Wha t ha ppe ne d?
Wha t’ s inside ?
T

a ke -a wa ys

Pra c titio ne r pe rspe c tive s
K

e n Susilo (Ge o synte c )

Ja ne t Cle me nts (Co ro na

E nviro nme nta l)

Ag e nda Sto rmwa te r

I mpe rvio us surfa c e s c re a te inc re a se d a mo unts o f sto rmwa te r runo ff during ra infa ll e ve nts, mo difying dra ina g e pa tte rns a nd flo ws a nd disrupting the na tura l hydro lo g ic c yc le

City o f Po rtla nd

Sto rmwa te rMa nua l

SLIDE 8

6/8/2017 8

Sto rmwa te r

Photo courtesy of Ashland Ohio

“E c o no mic I nstrume nts”

E c o no mic instrume nts re c o gnize and de libe rate ly wo rk within the e c o no mic syste m to c re ate ac tio n

r drive inve stme nt that me e ts

e nviro nme ntal go als. T he y are o ne way to wo rk with marke t fo rc e s to me e t sto rmwate r pro gram go als.

SLIDE 9

6/8/2017 9 Use ful to o l fo r:

Co ve ra g e
F

le xib ility

Priva te I

nve stme nt

E

ffic ie nc y

“E c o no mic I nstrume nts” Mo tiva tio ns

Oppo rtunity to

a dva nc e the g o a ls o f the NNWQT

Sto p re inve nting the

whe e l

Pro mo te a ppro a c he s

tha t g e t c le a ne r wa te r fa ste r, a t lo we r c o st, in ke e ping with wa te rshe d g o a ls

SLIDE 10

6/8/2017 10 Why c o nside r “the ma rke t”

Drive do wn c o sts (find c o st e ffic ie nc ie s)
Pro vide s fle xib ility fo r c o mplia nc e
Po litic a l suppo rt
E

na b le s ve hic le s to drive inve stme nts o n to priva te pa rc e ls

Ca n re lie ve pre ssure o n munic ipa lity
Be c a use it ha s wo rke d in o the r se c to rs…
Ope ns up fina nc ing o ptio ns
E

na b le s inno va tio n

Mo tiva tio ns Re po rt De ve lo pme nt Pro c e ss

Re po rt de ve lo pme nt pro c e ss

E

xpe rt c o nve ne rs

Ne two rk fe e db a c k
Dra ft white pa pe r
Wo rksho p input

SLIDE 11

6/8/2017 11

Que stio ns to think a b o ut

Ho w c a n we fac ilitate the

bridging o f WQT

a nd sto rmwa te r se c to rs?

Ho w c a n we ma ke the use o f

e c onomic instr ume nts mo re

ub iq uito us, e spe c ia lly fo r

smalle r / mid- size d c ommunitie s?

Ca n we fo rmula te a r
admap to

imple me nta tio n?

Ho w do we a ddre ss c ha lle ng e s

to pr

ivate pr

pe r

ty adoption o f

sto rmwa te r infra struc ture ? (re spo nsib ility o f ma inte na nc e , e tc .)

Re po rt Ove rvie w

Drive rs
E

c o no mic I nstrume nts

Po lic y

Cha lle ng e s/ Ba rrie rs

Co nc lusio n

SLIDE 12

6/8/2017 12

Re g ula to ry
NPDE

S / MS4

NPDE

S / CSO

T

MDL

Sto rmwa te r Ma nua ls/ Pe rmits

Drive rs

No n-Re g ula to ry
E

c o no mic De ve lo pme nt

Pub lic He a lth
Clima te Cha ng e /

Re silie nc e

De ve lo pme nt Pro c e ss

E nha nc e me nts

Drive rs

SLIDE 13

6/8/2017 13

I

nc e ntive -Ba se d

Mitig a tio n - / Cre dit-Ba se d

E c o no mic I nstrume nts

I

nc e ntive -Ba se d Applic a tio ns

F

e e Re duc tio n

Ove r ha lf o f c o mmunitie s w sto rmwa te r

fe e inc lude a fe e re duc tio n o ptio n

Sub sidie s
Phila de lphia Wa te r De pa rtme nt GARP

pro g ra m

I

nsura nc e Pre mium Disc o unts

Ne w Orle a ns NDRC pro g ra m
L

a nd De ve lo pme nt Suppo rt

Co mmo n to pro vide inc e ntive s to e mplo y
n-site g re e n infra struc ture in

de ve lo pme nt pro je c ts

E c o no mic I nstrume nts

SLIDE 14

6/8/2017 14

Mitig a tio n/ Cre dit-Ba se d

Applic a tio ns

Offse ts / Mitig a tio n
City o f Sa n Die g o Alte rna tive

Co mplia nc e

Cre dit T

ra ding

WQT
Virg inia , Ma ryla nd MS4 tra ding pro g ra ms
Sto rmwa te rT

ra ding

DOE

E SRC pro g ra m, Cha tta no o g a

E c o no mic I nstrume nts

Mitig a tio n - / Cre dit-Ba se d -

Applic a tio ns

I

n-L ie u F e e s

Co mmo n o ptio n fo r sto rmwa te r

pro g ra ms to g ive la nd de ve lo pe rs fle xib ility to c o mply with re g ula tio ns

Ba nking
Gra nd Ra pids, MI

sto rmwa te r b a nking

L

a ye re d Optio ns

Use o f “sta c ke d” pro g ra ms with multiple
ptio ns

E c o no mic I nstrume nts

SLIDE 15

6/8/2017 15

I

nc e ntive -Ba se d

De sig ning the rig ht

re b a te / sub sidy

T

a x c o de s

Upfro nt c a pita l
Ma inte na nc e re spo nsib ility

Po lic y Cha lle ng e s/ Ba rrie rs

Mitig a tio n - / Cre dit-Ba se d
Pro g ra mma tic c o sts/ c o mple xity
T

ra ding a re a , units o f tra de

Qua ntific a tio n o f c re dib le units
f tra de
Cre dit life
L
c a l b e ne fits vs. c o st e ffe c tive ne ss
Ho listic sto rmwa te rma na g e me nt

Po lic y Cha lle ng e s/ Ba rrie rs

SLIDE 16

6/8/2017 16

T a ke Awa ys

T

e rmino lo g y is impo rta nt

Sto rmwa te ra nd WQT

wo rlds diffe r

No n-re g ula to ry drive rs a re stro ng e r in

sto rmwa te r

Re g ula to ry e nviro nme nt is c o mple x in

diffe re nt wa ys

Ba rrie rs a re sig nific a nt – no t impo ssib le
Ne e d to de ve lo p pa thwa ys fo r

pro g ra m de ve lo pme nt

F uture Re se a rc h/ Disc ussio n

Ca n we fo rmula te a ro a dma p to imple me nta tio n? Wha t do e s tha t lo o k like ?

SLIDE 17

6/8/2017 17

Outre a c h
Sto rmCo n 2017

Be lle vue , WA

WE

F T E C 2017 Chic a g o , I l

Ga the r fe e db a c k
I

de ntify sc o pe a nd re so urc e s fo r a ro a d ma p

Ne xt Ste ps

4640 SW Macadam Ave., Suite 50, Portland, OR 97239 | T: 503.946.8350 | F: 971.229.1968 | W: www.willamettepartnership.org

Wo rking with the Ma rke t fo r Gre e n Sto rmwa te r I nfra struc ture

A re po rt fro m Sto rm & Stre a m So lutio ns L L C a nd Willa me tte Pa rtne rship

SLIDE 18

6/8/2017 18

Que stions?

GEOSYNTEC CONSULTANTS

Economic Instruments to Support Investment in Green Stormwater Infrastructure:

Discussion of NNWQT Fall 2016 Workshop

Ken Susilo, PE, D.WRE, CPSWQ Senior Principal, Geosyntec Consultants, Los Angeles, CA WEF Webcast June 8, 2017 1:00-2:30 PM (Eastern)

SLIDE 19

6/8/2017 19

Pe rspe c tive o n Be ne fits o f Re po rt & E ve nt

Pe r

sonal Pe r spe c tive (typic ally ur ban wate r she ds) – Wa te r q ua lity c o mplia nc e : Wo rk with to pub lic a g e nc ie s with MS4 Pe rmits tha t inc o rpo ra te T MDL s, a nd wa te rshe d- b a se d c o mplia nc e pla ns fo r imple me nta tio n. – Wa te r re so urc e s a nd c o -b e ne fits thro ug h wa te rshe d-le ve l T riple Bo tto m L ine stra te g ie s – Suppo rt fo r funding initia tive s

Challe nge s and r

isks: – Re q uire me nts tha t a re b o th o utc o me b a se d a nd pre sc riptive (with limite d da ta o n mo de l a ppro a c he s) – Multi-b illio n imple me nta tio n e stima te s b a se d o n limite d da ta se ts a nd, in so me c a se s, unsta te d unc e rta intie s – L a c k o f de dic a te d funding , spe c ific a lly fo r sto rmwa te r – 3rd pa rty la wsuits

www.waterboards.ca.gov

So Cal Pop. ~ 20M New York or Florida

F a ll 2016 Wo rksho p

Disc ussion topic s of par

tic ular inte r e st: – Na tio na l e xa mple s a nd a pplic a tio ns – T

e c hnic a l stra te g ie s, to o ls a nd re so urc e s – Ma rke ts (o ppo rtunitie s, limita tio ns, c o nside ra tio ns, instrume nts) – Me tric s/ c urre nc ie s & b a sis fo r e xc ha ng e – Cha lle ng e s a nd le sso ns le a rne d fro m na tio na l pre c e de nt

SLIDE 20

6/8/2017 20

F a ll 2016 Wo rksho p (c o nt’ d)

L

e ssons and national pr e c e de nt (take aways): – F

unding stre sse s a re unive rsa l (limite d de dic a te d funding , g e ne ra l funds) – Drive rs a nd c o nstra ints va ry a c ro ss the na tio n (urb a n re tro fits vs. rura l & a g ric ultura l wa te rshe ds) – Diffe re nc e s in T MDL imple me nta tio n re q uire me nts spur diffe re nt inno va tio ns a nd a ppro a c he s – Are a s with multiple stre sso rs/ ne e ds c a n pro vide multiple b e ne fits – T BL va lue a na lyse s a re use d diffe re ntly (mo ne tize d va lue vs. willing & a b le to pa y) – E c o no mic instrume nts (inc e ntive vs. mitig a tio n/ c re dit)

Diffic ult to tra nsla tio n to c o mplia nc e & me tho ds to q ua ntify
Mino r le ve ls o f disruptio n, b ut wha t is the impa c t?

F a ll 2016 Wo rksho p (c o nt’ d)

T houghts looking for war d (P3s & PBI)

Pub lic Priva te Pa rtne rships (o r Pe rfo rma nc e Ba se d I nfra struc ture ) to link tra ding a nd fe e s to

utc o me s

SLIDE 21

6/8/2017 21

So uthe rn Ca lifo rnia E xa mple s

“Mitigation Offsets” (San Diego Example)
Public ROW Strategies (City of Los Angeles)
Industrial General Permits (Statewide)

US National: CWA State: MS4 + TMDL Jurisdiction: WQIP EWMP Modeling (RAAs) BMP Plans & Estimates Alternative Compliance Regulators Environmental NGOs Tax/Ratepayer Advocates

Mitig a tio n Offse ts/ Alte rna tive Co mplia nc e Pro g ra ms

“Mitig a tio n o ffse ts” inc lude pro je c ts unde rta ke n b y a

pe rmitte e , de ve lo pe r, a g e nt, o r c o ntra c to r, to pro vide c o mpe nsa to ry mitig a tio n. Pro g ra ms a llo w o wne r to find a n a lte rna tive site o r pa y into a fund tha t de ve lo ps a re g io na l BMP tha t pro vide s a ne t b e ne fit.

De ve lo pe d during MS4 Pe rmit ne g o tia tio ns (a t re q ue st o f

Building I ndustry Asso c ia tio n).

So me simila ritie s to we tla nd mitig a tio n pro g ra ms, b ut

ma ny diffe re nc e s, inc luding stric te r MS4 lia b ility.

Wa te r Qua lity E

q uiva le nc e c a n b e de ve lo pe d thro ug h pub lic pro c e ss with multiple pe rmitte e s (ne e d/ se a rc h fo r c o mmo n me tric s).

Se lle r, Pe rmitte e o r HOA wo uld re ta in re spo nsib ility fo r

ma inte na nc e a nd pe rfo rma nc e o f the o ffsite tre a tme nt.

SLIDE 22

6/8/2017 22

E xa mple I nitia l I mple me nta tio n (Sa n Die g o )

T

he City o f Sa n Die g o sto rmwa te r q ua lity impro ve me nt c re dit pro g ra m o r “Offsite Sto rmwa te r Alte rna tive Co mplia nc e Pro g ram”

commons.wikimedia.org/wiki/File:San_Diego_Skyline_at_Dawn.jpg

Inc lude s re g ula r me e ting o f pub lic

c o mmitte e inc luding re g ula to rs, NGOs, de ve lo pe rs, e ng ine e rs, b io lo g ists, pub lic a nd private inte re sts.

Co nside ratio n g ive n to b o th c re dit syste ms

a nd in-lie u fe e s.

E

nvisio ne d to e nha nc e fle xibility to de ve lo p pro pe rty while inc e ntivizing ne t impro ve me nts to wa te r q ua lity

Se lle r re spo nsible fo r O&M
Co uld re sult in shift fro m o n-site (L

ID) to mo re re g io nal BMPs.

Pro g ra mma tic Cha lle ng e s (the de ta ils!)

F

le xib ility a ffo rde d with re spe c t to hydro lo g ic c o nne c tivity in Pe rmit, b ut no t ye t le g a lly c ha lle ng e d (Wo US a s c o nve ya nc e

f pa rtia lly tre a te d sto rmwa te r).
L

ia b ilitie s a nd risks tra nsfe rre d (MS4 e ntity is re g ula te d e ntity)

Va lua tio n (pric ing ) o f c re dits:

Co st vs. Wa te r Qua lity E q uiva le nc y vs. Va lue to “Buye r” (la nd c o sts)*

Pa yme nt te rms fo r a ny fe e s*
Ope ra tio ns a nd ma inte na nc e o b lig a tio ns & lia b ilitie s
Cre dit sta c king
T

iming c o nc e rns (te mpo ra l g a ps o r pro je c t vulne ra b ilitie s)

*no t pla nne d to b e de ve lo pe d b y Sa n Die g o Pe rmitte e

SLIDE 23

6/8/2017 23

Pro je c t E xa mple

Mill Cre e k We tla nds

– Pub lic Priva te Pa rtne rship invo lving de ve lo pe r, c itie s, c o untie s, Sta te o f Ca lifo rnia , USACE – Dra ins 80 sq . mi., in 5 c itie s, 2 c o untie s – T re a tme nt b e ne fit 2 to 3.4x o f flo w a nd 10x a re a (vs. e q uivale nt 3000 a c re pro je c t) – 50 Ac re s o f We tla nds – 20+ Ac re s Ripa ria n & We tla nd Ha b ita t – 3 Mile s Re c re a tio na l T ra ils – Unde rse rve d Co mmunitie s – F lo w-thro ug h tre a tme nt prio r to disc ha rg e to c re e k

Credit: City of Ontario & NMC Builders

Ken Susilo www.geosyntec.com ksusilo@Geosyntec.com www.linkedin.com/in/ksusilo

Questions & Contact Information

SLIDE 24

6/8/2017 24 E c onomic Instr ume nts to Suppor t Inve stme nt in Gr e e n Stor mwate r Infr astr uc tur e :

Disc ussion of NNWQT F all Wor kshop and Re al-wor ld E xample

June 8, 2017

F a ll 2016 Wo rksho p

Pe r

sonal Pe r spe c tive  E c o no mist/ c o nsulta nt to utilitie s, pub lic a g e nc ie s, a nd re se a rc h fo unda tio ns  T riple Bo tto m L ine (T BL ) g o a ls  E c o no mic inc e ntive s a nd drive rs fo r priva te se c to r

Ove r

ar c hing que stions:  Priva te pa rtic ipa tio n – if yo u b uild it will the y c o me ?  Do e s imple me nta tio n o n priva te pro pe rty c re a te re g ula to ry unc e rta inty?  Will pro g ra ms drive GI whe re it is mo st ne e de d?

SLIDE 25

6/8/2017 25

F a ll 2016 Wo rksho p: Be ne fits a nd K e y T a ke a wa ys

Co mmo n la ng ua g e a nd sta te o f kno wle dg e
Ne e d fo r a dditio na l c a pita l ha s drive n inno va tio n a nd suc c e ssful

pro g ra ms

Ne e d fo r T

BL b e ne fits info rma tio n to :

 Drive priva te se c to r pa rtic ipa tio n  L e ve ra g e a dditio na l funding so urc e s (priva te a nd pub lic )

De vil is in the de ta ils:

 Wha t a re the ne c e ssa ry c o nditio ns fo r suc c e ssful pro g ra m imple me nta tio n?  Ho w do diffe re nt drive rs a ffe c t pro g ra m de sig n/ o ptio ns?  Wha t is ne e de d to jump sta rt the ma rke t?  Othe r q ue stio ns: Ne c e ssa ry ma rke t size ? Ava ila b le c o ntra c to r kno wle dg e ? L imiting pe rmit la ng ua g e ? ? ?

Pro je c t E xa mple : E ng a g ing Priva te Ca pita l fo r Gre a t L a ke s Gre e n I nfra struc ture F ina nc ing

Obje c tive s:

Pilo t inno va tive fina nc ing

a ppro a c he s tha t fa c ilita te GSI imple me nta tio n o n priva te a nd pub lic pro pe rty in two Gre at L

ake s munic ipalitie s - Gre ate r Cle ve land, OH and Grand Rapids, MI

E

ng a g e o the r Gre a t L a ke s c o mmunitie s to e nsure le sso ns le a rne d a nd pro g ra m mo de ls c a n b e re plic a te d

50

SLIDE 26

6/8/2017 26

Gra nd Ra pids: Co nte xt

Mid-size d c o mmunity

e xpe rie nc ing sub sta ntia l de ve lo pme nt/ re de ve lo pme nt (a ka Be e r City USA)

E

SD re spo nsib le fo r sto rmwa te r ma na g e me nt (no sto rmwa te r utility o r fe e )

MS4 pe rmit sub mitte d to MDE

Q

– Addre ss inc re ase in sto rmwate r vo lume , due to de ve lo pme nt, as a c o ntributo r to stre ambank e ro sio n – Wate r quality (E c o li T MDL ) – F lo o ding also a c o nc e rn amo ng pe rmitte e s

Sto rmwa te r pla nning in pa rtne rship with 30 o the r c o mmunitie s

in L

we r Gra nd Rive r Wa te rshe d

Gra nd Ra pids: Pe rmit Re q uire me nts a nd Pro po se d Alte rna tive Co mplia nc e

Ne w sta nda rds fo r re / de ve lo pme nt:

T re a t runo ff fro m 90% pe rc e nt a nnua l no n-e xc e e da nc e sto rm (a ppro xima te ly 1”)

Pro po se d a lte rna tive c o mplia nc e o ptio ns

inc e ntivize distrib ute d c o ntro ls tha t a re n’ t fe a sib le in po o rly dra ine d so ils

Off-site mitig a tio n a nd Pa yme nt-in-L

ie u o ptio ns:

– Ma na g e >= 0.4 inc he s o nsite , pro vide a 1:1.5 o ffse t ra tio – I f infe a sib le to ma na g e minimum o nsite , pro vide 1:2 o ffse t ra tio – Pro je c ts must b e c o mple te d within 24 mo nths

SLIDE 27

6/8/2017 27

Cre dit T ra ding ?

Ca n we e xpa nd mitig a tio n a nd in-lie u fe e pro g ra m to inc lude c re dit tra ding a mo ng priva te e ntitie s?

Cre dit T ra ding in Gra nd Ra pids: K e y Co nside ra tio ns/ Que stio ns

Doe s pe r mit (as wr itte n) or dr aft stor mwate r manual limit pote ntial mar ke t? – Do c o nditio ns fo r g o ing o ffsite re stric t po te ntia l ma rke t? – I n-lie u fe e se t o n a pro je c t-b y-pro je c t b a sis (ma y c o mpe te with ma rke t fo r c re dits if c o st is lo we r) – I n-lie u fe e c urre ntly o ne -time pa yme nt, no t a dire c t c o mpa riso n fo r priva te c re dit ma rke t – 24-mo nth re q uire me nt c o uld a lso c o nflic t with pa yme nt in-lie u mo de l – Curre ntly re stric te d to se we rshe d

SLIDE 28

6/8/2017 28

What r

le will E

SD ne e d to play (Administr ative Bur de n)? – Purc ha se pric e g ua ra nte e ? – Co ntra c to r c e rtific a tio n? – Prio ritiza tio n/ ho tspo ts? – Pro vide o the r inc e ntive s to

jumpsta rt ma rke t? No sto rmwa te r fe e ma ke s it diffic ult fo r pro je c t a g g re g a to rs. . .

Cre dit T ra ding in Gra nd Ra pids: K e y Co nside ra tio ns/ Que stio ns Cre dit T ra ding in Gra nd Ra pids: K e y Co nside ra tio ns/ Que stio ns

Ho w c a n pro g ra m drive imple me nta tio n

whe re it is ne e de d mo st?

Are the ir e nviro nme nta l justic e c o nc e rns?
Ca n c re dit pric e b e sub sidize d if c re dits

me e t o the r c o mmunity g o a ls/ pro vide a dditio na l b e ne fits?

Ho w do e s de ve lo pe r/ pro pe rty o wne r

re la tio nship a ffe c t ma rke t?

SLIDE 29

6/8/2017 29

L a st Wo rd o n Be ne fits

I

mpo rta nt fo r munic ipa lity b ut a lso to inc e ntivize pro pe rty o wne rs

K

e y re c o mme nda tio ns fro m de ve lo pe r wo rksho ps:

 De ve lo p a nd wide ly disse mina te c a se studie s

and pe e r te stimonials,

b a se d o n a c tua l pro je c ts a nd da ta , sho wing GSI b e ne fits fo r pro pe rty o wne rs  De ve lo p to o ls to c a lc ula te b e ne fits a nd a sse ss “to ta l” va lue