{"id":384,"date":"2013-02-07T14:29:00","date_gmt":"2013-02-07T19:29:00","guid":{"rendered":"https:\/\/water.phila.gov\/blog\/private-pennies-financing-gsi\/"},"modified":"2023-01-06T16:13:43","modified_gmt":"2023-01-06T21:13:43","slug":"private-pennies-financing-gsi","status":"publish","type":"post","link":"https:\/\/water.phila.gov\/blog\/private-pennies-financing-gsi\/","title":{"rendered":"Private Pennies Financing GSI"},"content":{"rendered":"<p><img decoding=\"async\" src=\"\/wp-content\/uploads\/static\/img_1508_0.jfif\" alt=\"Opportunity for GSI\" \/><\/p>\n<p><span style=\"font-size: x-small;\">Commercial sites like this one have many incentives to use GSI to help manage stormwater.<\/span><\/p>\n<p>It looks like 2013 will be a big year for private financing of green stormwater infrastructure (GSI)! According to the Natural Resources Defense Council <a href=\"http:\/\/switchboard.nrdc.org\/blogs\/avalderrama\/why_2013_will_be_a_big_year_fo.html\" target=\"_blank\" rel=\"noopener\">blog<\/a>, the private sector will likely step up financing of GSI this year for three reasons: 1) increased interest in GSI by cities across the country, 2) recent severe weather patterns, and 3) the recommendations of the high-profile NY State 2100 Commission in the aftermath of Hurricane Sandy.<\/p>\n<p>In Philadelphia we have several opportunities to work with the private sector to leverage public investment in green stormwater infrastructure. The Philadelphia Water Department\u2019s (PWD) parcel-based stormwater billing for commercial customers provides a financial incentive to manage stormwater on properties through green infrastructure. In addition, non-residential property owners are eligible to apply for grants to help finance these improvements through PWD\u2019s <a href=\"http:\/\/www.phillywatersheds.org\/what_were_doing\/SMIP_Grant\" target=\"_blank\" rel=\"noopener\">Stormwater Management Incentives Program<\/a>. Finally, through the City\u2019s stormwater regulations, new construction or renovations that disturb 15,000 square feet or more must manage the first inch of stormwater runoff on-site.<\/p>\n<p>Visit the <a href=\"http:\/\/switchboard.nrdc.org\/blogs\/avalderrama\/why_2013_will_be_a_big_year_fo.html\" target=\"_blank\" rel=\"noopener\">NRDC blog<\/a> to read more about why the private sector has reasons to increase financial support for green stormwater infrastructure, and to get a sneak preview of their upcoming 2013 report on this topic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It looks like 2013 will be a big year for private financing of green stormwater infrastructure (GSI)!<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"custom_css":"","custom_js":"","footnotes":""},"categories":[5],"tags":[44,51,95],"class_list":["post-384","post","type-post","status-publish","format-standard","hentry","category-infrastructure","tag-green-infrastructure","tag-infrastructure-investment","tag-stormwater","wpautop"],"acf":{"suggested":null},"parsely":{"version":"1.1.0","canonical_url":"https:\/\/phila.gov\/blog\/private-pennies-financing-gsi\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Private Pennies Financing GSI","url":"http:\/\/water.phila.gov\/blog\/private-pennies-financing-gsi\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/water.phila.gov\/blog\/private-pennies-financing-gsi\/"},"thumbnailUrl":"","image":{"@type":"ImageObject","url":""},"articleSection":"Infrastructure","author":[],"creator":[],"publisher":{"@type":"Organization","name":"@PhillyH2O Blog","logo":""},"keywords":["green infrastructure","infrastructure investment","stormwater"],"dateCreated":"2013-02-07T19:29:00Z","datePublished":"2013-02-07T19:29:00Z","dateModified":"2023-01-06T21:13:43Z"},"rendered":"<script type=\"application\/ld+json\" class=\"wp-parsely-metadata\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Private Pennies Financing GSI\",\"url\":\"http:\\\/\\\/water.phila.gov\\\/blog\\\/private-pennies-financing-gsi\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/water.phila.gov\\\/blog\\\/private-pennies-financing-gsi\\\/\"},\"thumbnailUrl\":\"\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"\"},\"articleSection\":\"Infrastructure\",\"author\":[],\"creator\":[],\"publisher\":{\"@type\":\"Organization\",\"name\":\"@PhillyH2O Blog\",\"logo\":\"\"},\"keywords\":[\"green infrastructure\",\"infrastructure investment\",\"stormwater\"],\"dateCreated\":\"2013-02-07T19:29:00Z\",\"datePublished\":\"2013-02-07T19:29:00Z\",\"dateModified\":\"2023-01-06T21:13:43Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/phila.gov\/p.js"},"_links":{"self":[{"href":"https:\/\/water.phila.gov\/blog\/wp-json\/wp\/v2\/posts\/384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/water.phila.gov\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/water.phila.gov\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/water.phila.gov\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/water.phila.gov\/blog\/wp-json\/wp\/v2\/comments?post=384"}],"version-history":[{"count":0,"href":"https:\/\/water.phila.gov\/blog\/wp-json\/wp\/v2\/posts\/384\/revisions"}],"wp:attachment":[{"href":"https:\/\/water.phila.gov\/blog\/wp-json\/wp\/v2\/media?parent=384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/water.phila.gov\/blog\/wp-json\/wp\/v2\/categories?post=384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/water.phila.gov\/blog\/wp-json\/wp\/v2\/tags?post=384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}