Title
Approval of a Resolution Ratifying and Confirming Authorization of Acceptance of Phase 1 of the American-Made Buildings Upgrade Prize
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve a Resolution ratifying and confirming authorization and signature by the City Manager of a cash prize acceptance for Phase 1 of the American-Made Buildings Upgrade Prize.
Report
Issue:
Whether to approve a Resolution ratifying and confirming authorization and signature by the City Manager of a cash prize acceptance for Phase 1 of the American-Made Buildings Upgrade Prize.
Staff Contact:
Pamela Braff, PhD, Director of Climate Programs, Office of Community Vitality, 360.753.8249
Presenter(s):
None - Consent Calendar Item
Background and Analysis:
Buildings Upgrade Prize
The U.S. Department of Energy (DOE) Buildings Upgrade Prize (Buildings UP) is a capacity-building prize focused on reducing greenhouse gas emissions in existing buildings through energy efficiency and efficient electrification. In Phase 1, Buildings UP awarded over $22 million in cash prizes and technical assistance to winning teams that developed innovative initiative models to accelerate building upgrades and achieve greenhouse gas reduction, equity, economic development, and health goals.
The Buildings Up Prize is not a grant. The prize is a one-time disbursement of cash awarded by the U.S. Department of Energy (DOE) on the merit of work already completed.
In Phase 1, Buildings UP teams submitted innovative concepts to leverage the billions of dollars available through the Bipartisan Infrastructure Law (BIL), the Inflation Reduction Act (IRA), utility rebate programs, and many other funding sources, capitalizing on this once-in-a-generation opportunity to equitably decarbonize buildings. Buildings Up proposals were required to describe an innovate energy efficiency and efficient electrification buildings upgrade initiative, includin...
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