The CRE Solution

Architecture 2030 has released a report to address the commercial real estate (CRE) meltdown currently underway in the US. Titled "The CRE Solution," the report ties tax incentives to high-performance buildings. It is targeted to thaw the frozen CRE market, reduce foreclosures and small business failures, create building sector jobs, reduce energy consumption and emissions, and provide a robust and viable market for PACE and building efficiency revolving loan funds now being established in parts of the US.

Architecture 2030 recommends that Congress implement the ‘CRE Solution’, providing a tax deduction tied to specific energy reduction targets that will create 1.3 million jobs while restoring credit capacity and liquidity in the CRE market.

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