Posts Tagged ‘frank betz homes in huntersville’

BuildingGreen Announces 2009 Top-10 Green Building Products

Monday, November 23rd, 2009

BuildingGreen, LLC, announced the 2009 Top-10 Green Building Products. This eighth annual award, announced at the U.S. Green Building Council’s Greenbuild Conference in Phoenix, recognizes the most exciting products drawn from recent additions to the GreenSpec Directory and coverage in Environmental Building News.

“Our selections of the Top-10 Green Building Products represent a wide range of product types in many different application areas,” noted BuildingGreen founder and executive editor Alex Wilson. This year’s list is particularly diverse, ranging from a recycled-content concrete block, to a flywheel energy storage system for data centers, a mobile solar generator for job-site power, and an advanced modular classroom for schools.

Energy-saving products among the Top-10 include a line of mineral wool insulation, an integrated rain-screen/insulation wall cladding for commercial buildings, a heat-pump water heater, an energy control system for lighting in commercial buildings. A structural matrix system, Silva Cell, provides a support system for urban tree roots, helping trees survive in largely impervious environments and helping to manage stormwater runoff.

One of the nation’s most innovative furniture makers, Baltix, is being recognized for new products that incorporate a variety of biobased, FSC-certified, and recycled-content materials. “Many of the Top-10 products this year have multiple environmental attributes,” said Wilson.

BuildingGreen’s Top-10 product selections, as in previous years, are drawn from new additions to the company’s GreenSpec product directory. About 200 product listings have been added to the GreenSpec database during the past year. “New products are being introduced all the time, making it a challenge for our staff to keep up,” said Wilson. “We also continue to come across products that have been on the market for years, but were under our radar screen.” The GreenSpec database includes more than 2,100 product listings.

A major driver of the development of green products continues to be the U.S. Green Building Council’s LEED® Rating System (Leadership in Energy and Environmental Design), which awards points for the use of certain product types, such as certified wood, or for the energy savings that green products can achieve. “Designers of LEED buildings are looking for green products, and manufacturers are responding,” said Wilson. In the online version of GreenSpec, users can find products organized by LEED credits as well as by building category and the CSI MasterFormat structure.

The 2009 Top-10 Green Building Products are listed below. More complete descriptions and contact information are provided on the attached pages:

  • Pozzotive Plus CMUs and Concrete Brick from Kingston Block
  • Thermafiber Mineral Wool Insulation Products
  • Invelope Integrated Wall Insulation and Rainscreen System
  • Baltix Recycled- and Biobased-Content Office Furniture
  • Project FROG Modular Green Classroom
  • Rheem HP-50 Heat-Pump Water Heater
  • Convia Energy-Management Infrastructure
  • Pentadyne GTX Flywheel Energy Storage
  • Silva Cell Subsurface Tree Protection and Stormwater System
  • Mobile Solar Power Generator

Source: www.buildinggreen.com

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Builders Applaud Congress on Extending Home Buyer Tax Credit

Monday, November 9th, 2009

The National Association of Home Builders (NAHB) today applauded Congress for passing legislation that will extend and expand the $8,000 first-time home buyer tax credit, stating that this will provide a much-needed boost to the fragile housing market and economy.

“We commend lawmakers for acting in a bipartisan manner to extend the first-time home buyer tax credit beyond its Nov. 30 deadline and expand it to a wider group of home buyers,” said NAHB Chairman Joe Robson, a home builder from Tulsa, Okla. “The tax credit has proven to be a powerful economic incentive. Today’s action by Congress will further stabilize housing and the economy by creating new jobs, stimulating home sales, reducing foreclosures, cutting excess inventories and stabilizing home prices.”

The new law will extend the $8,000 credit for first-time home buyers for sales contracts entered into by April 30, 2010 and closed by June 30. Further, it has been expanded to include a new $6,500 credit for owners of existing homes who are purchasing a new principal residence. An existing home owner can claim the $6,500 tax credit if they have been residing in their principal residence for five consecutive years out of the last eight. Additionally, the income eligibility limits to claim the full credit amount for both groups of home buyers have been raised to $125,000 for individuals and $225,000 for married couples.

NAHB estimates that the extended and expanded home buyer tax credit will create 211,000 jobs and generate 180,000 additional home sales in the coming year. It is also expected to generate $9.6 billion in wage income and $6.9 billion in federal, state and local taxes.

The legislation, which also extends unemployment insurance benefits and offers relief to cash-strapped firms by providing broader tax benefits for businesses with net operating losses (NOLs), is expected to be signed into law shortly by President Obama.

“The new NOL rules will throw a lifeline to struggling businesses, allowing them to continue making payrolls, paying business loans and otherwise keep their doors open until the economic recovery takes hold,” said Robson.

Source: www.nahb.org

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Builders Ready To Work With White House, Congress To Extend Home Buyer Tax Credit

Thursday, October 22nd, 2009

October 6, 2009 – The National Association of Home Builders (NAHB) today commended the White House for recognizing the success of the $8,000 first-time home buyer tax credit and said that extending the program past its Dec. 1 expiration date will help to bolster the economy.

“The tax credit has clearly had a positive effect on housing demand and in the job market,” said NAHB Chairman Joe Robson, a home builder from Tulsa, Okla. “We stand ready to work with President Obama and the Congress to extend and enhance the tax credit to help reduce foreclosures and excess housing inventories, to stabilize home values and to push housing and the economy on a glide path to recovery.”

NAHB estimates conservatively that approximately 200,000 additional home sales are attributable to the tax credit and that it has resulted in a net increase of 187,000 jobs. Extending the credit through Nov. 30, 2010 and making it available to all purchasers of a principal residence would result in an additional 383,000 home sales and generate 347,000 new jobs in the coming year.

White House Press Secretary Robert Gibbs said yesterday that “there has been quite a bit of success” with the home buyer tax credit. He added that President Obama is considering extending the tax credit to strengthen the economy and create jobs. “Housing is the best opportunity to put this country back to work. Prompt congressional action on the tax credit is a crucial first step to shoring up the fragile housing recovery and leading the economy to higher ground,” said Robson.

Source: http://www.nahb.org

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