GENERATE CREDITS
IMPROVE DC WATERWAYS AND THE ENVIRONMENT WHILE GENERATING INCOME
Landowners in the District can participate in the SRC market by installing certified green infrastructure projects on their property, which generate credits that can be sold to developers. District Stormwater works with landowners to manage stormwater with an array of different options including installing green infrastructure, planting trees, and removing unused impervious surfaces, such as roads or parking lots—with no up-front cost to the landowner. Working with District Stormwater to increase lush green spaces will lower your water bill and enhance the natural beauty of your property.
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 on other properties.