Building Resiliency Action Coalition
Buildings Are Infrastructure Letter to Congress
As the leading association representing the commercial real estate industry, BOMA International joined the Building Resiliency Action Coalition (BRAC) to send a letter to Capitol Hill urging members of Congress to include investments in resilient buildings in the bipartisan infrastructure bill. BOMA International joined the coalition to educate Congress and advocate that buildings need to be a critical element of any measure moving through Congress. Disaster mitigation is effective and saves taxpayer dollars. A recent study from the National Institute of Building Sciences shows that federal mitigation grants save $6 for every $1 spent and private sector building retrofits save $4 for every $1 spent. Coalition members noted that building sciences, design approaches and technology continue to make buildings more resilient. The BRAC urged that Congress include in the infrastructure bill grants to enable seismic retrofits, wildfire mitigation, federal flood mapping and other pre-disaster mitigation projects in our nation’s critical buildings. The infrastructure package represents a once-in-a-generation opportunity to fortify communities with the contemporary planning, building materials, design, construction and operational techniques that will improve resilience to all hazards.
Historic Preservation Easement Protections
Letter to Senate Finance Committee
BOMA International sent a letter to the Senate Finance Committee on October 26, 2021, supporting the protection of Historic Preservation Easements in the upcoming reconciliation package. These voluntary agreements between property owners and preservation non-profits allow BOMA International members to preserve historically significant and iconic buildings for future generations. Historic preservation easements provide the preservation community with a tool to attract private sector investments that rebuild historic urban neighborhoods and create countless local jobs. These investments often fund affordable and workforce housing, new employment centers and other forms of much needed economic stimulation in underserved communities. BOMA International asked senators on the Finance Committee to support an exclusion for historic properties in the conservation easement provisions of the Build Back Better budget reconciliation bill.