By Jodi Summers

All the banter that Los Angeles mayor, Antonio Villiarigosa has been causing in Washington with his green / energy saving ideas for Los Angeles are paying off. Recently, Vice President Biden announced that Los Angeles County was awarded $30 million to “ramp-up” energy efficiency building retrofits.

Los Angeles was one of 25 communities selected to receive a slice of $452 million in Recovery Act funding under the Department of Energy’s Retrofit Ramp-Up Initiative. The initiative promotes the concept that communities, governments, private sector companies and non-profit organizations will work together on pioneering and innovative programs for concentrated and broad-based retrofit projects.

A simple example of how the Retrofit Ramp-Up Initiative would work would be to have the same construction crew upgrade all the homes on the same block at the same time. The White House notes that this way of doing business, “…Saves contractors time and money. They can pass the savings on to their customers. And it’s just a much more efficient way to operate.”

Biden said the program, part of $80 billion in the Recovery Act for a clean energy economy, will help consumers save money on their energy bills, lower greenhouse gas emissions and create green jobs.

The models created through this program are expected to save households and businesses about a $100 million annually in utility bills, while leveraging private sector resources, to create what funding recipients estimate at about 30,000 jobs across the country during the next three years.

“Investing in retrofits is a triple win,” Vice President Biden observed, adding the program will result in retrofits for hundreds of thousands of U.S. homes and businesses over the next three years.

“This initiative will help overcome the barriers to making energy efficiency easy and accessible to all – inconvenience, lack of information, and lack of financing,” said Energy Secretary Steven Chu. “Block by block, neighborhood by neighborhood, we will make our communities more energy efficient and help families save money. At the same time, we’ll create thousands of jobs and strengthen our economy.”

In addition to the $452 million Recovery Act investment, the 25 projects will leverage an estimated $2.8 billion from other sources over the next 3 years to retrofit hundreds of thousands of homes and businesses across the country. The government noted gleefully, that the program funding was eight times oversubscribed, with more than $3.5 billion in applications received for the just over $450 million in Recovery Act funds available, (kind of like applying for UCLA). That puts it in course for additional investment in energy-saving and job-creating projects like these nationwide.

Retrofit Ramp-Up Awards

The following governments and non-profit organizations have been selected for Retrofit Ramp-Up awards. These projects are planned to begin in fall 2010. Final award amounts are subject to negotiation:

 

Austin, Texas – $10 million

Boulder County, Colorado – $25 million

Camden, New Jersey – $5 million

Chicago Metropolitan Agency for Planning – $25 million

Greater Cincinnati Energy Alliance, Ohio – $17 million

Greensboro, North Carolina – $5 million

Indianapolis, Indiana – $10 million

Kansas City, Missouri – $20 million

Los Angeles County, California – $30 million

Lowell, Massachusetts – $5 million

State of Maine – $30 million

State of Maryland – $20 million

State of Michigan – $30 million

State of Missouri – $5 million

Omaha, Nebraska – $10 million

State of New Hampshire – $10 million

New York State Research and Development Authority – $40 million

Philadelphia, Pennsylvania – $25 million

Phoenix, Arizona – $25 million

Portland, Oregon – $20 million

San Antonio, Texas – $10 million

Seattle, Washington – $20 million

Southeast Energy Efficiency Alliance – $20 million

Toledo-Lucas County Port Authority, Ohio – $15 million

Wisconsin Energy Conservation Corporation - $20 million

**

http://www.energy.gov/news/8870.htm

http://www.whitehouse.gov/the-press-office/vice-president-biden-kicks-five-days-earth-day-activities-with-announcement-major-n

http://content.usatoday.com/communities/greenhouse/post/2010/04/white-house-awards-452-million-to-retrofit-homes-businesses/1

http://www.inhabitat.com/wp-content/uploads/2010/02/Smart-Grid-Obama.jpg

Join the conversation! 7 Comments

  1. U.S. News & World Report, a nationally recognized publisher of consumer advice and information, recognized four Santa Monica Hotels in its Best of Los Angeles Hotels in its annual evaluation of hotels that offer high-quality amenities and exceptional experiences.

    The four Santa Monica hotels included in its top 20 list were Fairmont Miramar Hotel & Bungalows (14), Shutters on the Beach (15), Shore Hotel (17), and Casa Del Mar (20).

    The Best Hotels methodology combines a hotel’s industry accolades with expert and guest reviews and hotel class ratings.

    U.S. News scored luxury hotels, identifying the top 10 percent in the United States, Canada, Mexico and the Caribbean with Gold badges and the top 30 percent within specific markets with Silver badges.

    The rankings feature 2,558 hotels across the United States, Canada, Mexico and the Caribbean.

  2. Home improvement retailer Lowe’s plans to introduce a cloud-based home-management system in North America called Iris in mid-2012, which will allow users to monitor and control many aspects of their home from their smartphone, tablet or computer, including thermostats, refrigerators, smart plugs, lighting, door locks, motion sensors and more.

    The Iris system will be wireless and allow users to interact with and control many aspects of their home in real time from any mobile device.

    As “smart” technology continues to proliferate, the mass-release of affordable homeowner-controlled “smart” technology is the next step. Because of Lowe’s size and business relationships, the home retailer has the ability to offer this new technology at a rate many can afford.

  3. We can do the job, contact us:
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  4. Los Angeles was founded on Sept 4 1781 by Felipe De Neve.

  5. Miramax Moves Headquarters to Santa Monica. Rumors around town have pegged The Water Gardens on Olympic Boulevard as Miramax’s new home. Sources at the Water Gardens Company LLC were unable to comment officially on the matter as they are prohibited from discussing leaser’s information, however one such source described the situation as “transitional” and “unfinalized.”

    The move is seen as part of Miramax’s recent restructuring, which has come with announcements and rumors of several sequels to such movies as “Bad Santa,” “Rounders,” and “Shakespeare in Love.” Other potential sequels and TV projects are “Bridget Jones’s Diary,” “From Dusk Till Dawn,” “Swingers,” “Clerks,” and “The Amityville Horror.” The sequels will be developed in partnership with The Weinstein Company (TWC), which was launched in October 2005 by Bob and Harvey Weinstein, the brothers who founded Miramax Films in 1979.

  6. what are the plans for the $$? are there grants that residents can apply for to retrofit our homes?

  7. […] Santa Monica Property Blog » LOS ANGELES IS AWARDED $30 MILLION … […]

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Jodi Summers Sotheby’s International Realty 310.260.8269 jodis@jodisummers.com www.SoCalInvestmentRealEstate.com www.SantaMonicaLandmarks.com www.SoCalIndustrialRealEstateBlog.com www.SoCalOfficeRealEstateBlog.com www.SoCalGreenRealEstateBlog.com www.SantaMonicaPropertyBlog.com Jodi Summers Bio With $100,000,000 in listed inventory, Jodi Summers understands the coastal commercial real estate market. A top producer with Sotheby’s International Realty, Jodi knows finance, rules, regulations, procedures and methods. She is accurate, knowledgeable, timely and aware of how government shapes the cities of Southern California. Jodi is born in Brooklyn, raised in and around Manhattan – the family business was marketing, Madison Avenue style. Childhood math quiz questions calculated demographic and psychographic percentages or analyzed the allocation of adverting dollars. Word games were for devising slogans. An honors graduate from the Walter Cronkite School of Journalism at Arizona State University, Jodi moved to California to achieve her goal of living by the beach with a palm tree and a hibiscus bush in her yard. She thrived as an entrepreneur in the entertainment, media and marketing industries. One of her books, “Marking and Marketing Music,” is in second edition. “My marketing and communication skills have proven to be a true gift when it comes to promoting real estate,” observes Jodi. “And I am consistently able to get an exceptionally high price per square foot for my sellers.” Discipline (Jodi holds a Black Belt in Tae Kwon Do), organization, motivation, excellent communication skills and knowing & satisfying the needs of her clients have been her essentials for running a successful business. A passion for investment real estate explains her emphasis in asset-yielding properties. Her team joined Sotheby’s International Realty for the company’s powerful brand and stellar reputation. “We offer the broad market knowledge needed to assist clients in formulating a sound acquisition strategy,” Jodi amplifies. “Together, we evaluate various markets, property types and neighborhoods to devise a customized approach that meets each client's specific objectives.” Jodi is a member of the Action Apartment Association of Westside income property owners, the Santa Monica Conservancy historic preservation society, the Ocean Park Association, the Friends of Sunset Park community group, the Real Estate Investors Club of L.A., and the Culver City Rock & Mineral Club. Members of her team are fluent in Spanish and Italian. “Our reputation assures your satisfaction.”

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