The Appraisal Foundation is released a free video on its website entitled, An Introduction to Green Buildings and Their Valuation. The video was filmed in Washington, D.C., in conjunction with the fall meeting of The Appraisal Foundation Advisory Council (TAFAC). It is divided into five sections and includes simultaneous PowerPoint presentations as well as audience questions and answers.
Click here for the video.
Presenters include:
Michelle Moore
Federal Environmental Executive, Council on Environmental Quality
Executive Office of the President
Topic: The President's Better Buildings Challenge
Maria Vargas
Senior Program Advisor, Office of Energy Efficiency
U.S. Department of Energy
Topic: Federal Efforts to Drive Greater Energy Efficiency in Commercial, Industrial and Residential Buildings
Lane Burt
Technical Policy Director
U.S. Green Buildings Council
Topic: LEED Certification
Theddi Wright Chappell
Senior Managing Director
National Practice Leader, Green Advisory Practice, Valuation & Advisory
Cushman & Wakefield
Topic: High Performance Green Building: What's it Worth?
An introduction and brief update on the Foundation's collaboration with the US Department of Energy (DOE) is provided by David Bunton, President of The Appraisal Foundation. "Issues relating to green buildings are becoming increasing prevalent in both residential and commercial valuation. This video is designed to provide appraisers with an introduction to the terms of art associated with green buildings as well as provide an overview of some of the valuation issues of green construction," stated Bunton.
On June 10, The Appraisal Foundation signed a Memorandum of Understanding (MOU) with the DOE to collaborate on a series of activities focusing on energy efficiencies and the valuation of green buildings. The MOU is valid for five years and includes the following collaborative efforts between the Foundation and the DOE:
-Engaging the appraisal community on energy efficiency and green valuations.
-Development of additional guidance from all three of the Foundation's independent Boards relating to applicability of the existing standards to the valuation of green buildings.
-Development of one or more databases, through the Department of Energy, to provide data on energy performance for specific building types and upgrades, to the valuation arena.
-Development of educational course curriculum, through the Department of Energy and based on the guidance of the Foundation's APB, relating to energy performance and sustainability in commercial buildings.
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