Body
{"version":"0.3.0","atoms":[],"cards":[],"markups":[["strong"],["b"],["a",["href","https:\/\/content.aia.org\/sites\/default\/files\/2022-08\/Memo_Inflation_Reduction_Act_FINAL_8_10_2022.pdf"]],["a",["href","https:\/\/www.aia.org\/landing-pages\/6475169-advocacy"]]],"sections":[[1,"p",[[0,[0],1,"WASHINGTON \u2013 August 12,\n2022 \u2013 "],[0,[],0,"The American Institute of Architects (AIA) is\napplauding Congressional passage of the Inflation Reduction Act (H. R. 5376),\nwhich addresses the association\u0027s policy priorities including provisions for building codes,\nclimate tax incentives, and affordable housing.\n"]]],[1,"p",[[0,[],0,"\nThe Inflation Reduction Act includes about $370 billion in energy and\nclimate-related spending, making it the largest federal investment to combat\nclimate change in history.\n\n"]]],[1,"p",[[0,[],0,"\u0022I am proud of\nthe work AIA has done to get Congress to include language addressing our\nlegislative priorities,\u0022 said AIA EVP\/Chief Executive Officer Lakisha Ann\nWoods, CAE. \u201cAIA\u2019s sustained commitment to advocating for legislation\naddressing greenhouse gas emissions from the built environment as well as\nresilient and affordable communities is evident throughout this bill. Though\nthe climate crisis still requires our unrelenting attention, this legislation\nis a step in the right direction.\u201d "]]],[1,"p",[[0,[],0,"Key AIA provisions included\nin the Inflation Reduction Act:"]]],[3,"ul",[[[0,[0],1,"Building Energy Codes:"],[0,[],0," $330 million\nin grants to states and local governments to adopt the latest energy codes that\nmeet or exceed the 2021 International Energy Conservation Code (IECC) and\/or\nASHRAE 90.1-2019. It also provides an additional $670 million for states and\nlocalities to adopt and implement zero-energy stretch codes. \n\n"]],[[0,[0],1,"Federal Building Energy Efficiency:"],[0,[1],1," "],[0,[],0," $250 million for\nGeneral Services Administration (GSA) facility retrofits, and $2.15 billion for\nthe Federal Buildings Fund, to be used by the GSA to acquire and install\nlow-embodied carbon materials and products for use in the construction or\nalteration of buildings. The legislation also includes $975 million for GSA to\ninvest in emerging and sustainable technologies.\n\n"]],[[0,[0],1,"Greenhouse Gas Reduction Fund: "],[0,[],0,"$27 billion in competitive grants to enable low-income and disadvantaged\ncommunities to deploy or benefit from zero-emission technologies, including\ndistributed technologies on residential rooftops, and to carry out other\ngreenhouse gas emission reduction activities. "]],[[0,[0],1,"Rebates for Home Energy Efficiency\/Electrification:"],[0,[],0," $4.3 billion to state energy offices to develop a HOMES rebate program,\nwhich will reimburse homeowners and aggregators for whole-house energy savings\nimprovements. The legislation also provides an additiona$4.275 billion to state\nenergy offices to establish a high-efficiency electric home rebate program. The\nrebates may be used for appliance upgrades, such as heat pumps, electric\nstovetops\/ovens, and non-appliance upgrades, such as insulation, electric wiring,\nand ventilation. "]],[[0,[0],1,"Tax Incentives: "],[0,[],0,"The legislation also\nmakes significant changes to multiple tax incentives, including the Energy\nEfficient Commercial Building Tax Deduction (179D), the Energy Efficient Home\nImprovement Credit (25C), the New Energy Efficient Home Credit (45L), and the\nResearch and Development tax credit (R\u0026D). "]]]],[1,"p",[[0,[],0,"A more detailed\noverview of the building sector investments in the legislation is available "],[0,[2],1,"here"],[0,[],0,".\n"]]],[1,"p",[[0,[],0,"Visit AIA\u2019s website to\nlearn more about its "],[0,[3],1,"advocacy efforts"],[0,[],0,"."]]],[1,"p",[[0,[1],1,"About AIA"]]],[1,"p",[[0,[],0,"Founded\nin 1857, AIA consistently works to create more valuable, healthy, secure, and\nsustainable buildings, neighborhoods, and communities. Through more than 200\ninternational, state and local chapters, AIA advocates for public policies that\npromote economic vitality and public wellbeing."]]],[1,"p",[[0,[],0,"AIA provides members with tools and resources to assist them\nin their careers and business as well as engaging civic and government leaders\nand the public to find solutions to pressing issues facing our communities,\ninstitutions, nation, and world. Members adhere to a code of ethics and conduct\nto ensure the highest professional standards."]]]]}
Contact Name
Matt Tinder
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mtinder@aia.org
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@AIA_Media
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202 626 7462
Description
AIA is applauding Congressional passage of the Inflation Reduction Act, which addresses key policy priorities including provisions for building codes, climate tax incentives, and affordable housing.
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