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'Carbon offsets' funding key to project's success.


Silver Gardens, a green affordable housing development in New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). , is the first in the nation to receive funding from a new initiative created by Enterprise Community Partners that taps the booming market for voluntary "carbon offsets."

The newly formed Enterprise Green Communities Offset FundTM is purchasing carbon offsets for at least 330 tons of carbon dioxide carbon dioxide, chemical compound, CO2, a colorless, odorless, tasteless gas that is about one and one-half times as dense as air under ordinary conditions of temperature and pressure.  that will not be released into the environment due to the green design and construction of this pioneering development in downtown Albuquerque Downtown Albuquerque is the central business district of Albuquerque, New Mexico. It is where a large number of the city's highrise buildings are located, as well as being the center of government and business for the region. . The green measures integrated into Silver Gardens will both save residents more money and emit less C[O.sub.2] by using 15-20 percent less energy than similar projects built using conventional technologies and approaches.

Silver Gardens is being co-developed by the Supportive Housing Supportive housing is designed to support individuals, not just socially but with basic life skills. Housing is coupled with social services such as job training, alcohol and drug abuse programs and case management.  Coalition of New Mexico, Inc. and Romero Rose, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, the Albuquerque affiliate of Jonathan Rose Companies. This first-of-its-kind carbon offsets purchase will allow Silver Gardens to make additional investments in energy efficiency.

Silver Gardens will provide 119 rental apartments for low- and middle-income families in a new four-story building on the site of a former bus terminal.
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Title Annotation:CONSTRUCTION NEWS
Comment:'Carbon offsets' funding key to project's success.(CONSTRUCTION NEWS)
Publication:Real Estate Weekly
Date:Aug 13, 2008
Words:180
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