District Stormwater finances, designs, installs and maintains stormwater management projects that generate D.C. government-certified Stormwater Retention Credits (SRCs). We offer the one-stop convenience of long-term stormwater management compliance for developers seeking to purchase SRCs, and proven project management expertise for landowners seeking to reduce their stormwater runoff with no maintenance headaches. District Stormwater, a conservation program of The Nature Conservancy, brings to bear innovative scientific and financial resources to provide green infrastructure solutions to developers and landowners.
In order to meet its Clean Water Act obligation, in 2013 Washington, D.C. implemented new regulations requiring major, new construction and renovation projects within D.C. to capture stormwater runoff from their property sites through green infrastructure. To maximize design flexibility for developers, the city has created the Stormwater Retention Credit (SRC) market, a first-of-its-kind trading program that allows developers to meet a portion of their retention requirements by purchasing credits generated off-site.
How SRCs Can Help Your Development
Purchasing SRCs is almost always cheaper than 100% onsite stormwater retention compliance for construction projects and can reduce the space required for stormwater management onsite, which instead can be used for revenue-generating amenities. District Stormwater has developed an easy-to-use cost-benefit model to estimate potential site-specific savings and onsite amenity revenues to help inform developer choices.