The Anacostia Waterfront Trust is offering for immediate sale 27,092 Premium Stormwater Retention Credits. We are asking $2.50 per credit.
These stormwater retention credits were certified by the DC Department of Energy and Environment (DOEE) on May 10, 2017. They can be used immediately to meet regulatory obligations, or can be banked indefinitely for future use. DOEE published a case study about the project.
The asking price is substantially below the current compliance price: the DOEE’s “Stormwater In-Lieu Fee” of $3.61 per gallon per year.
These credits are premium because they were expressly produced to have both maximum water quality and social impact. Not all credits are generated by projects that actually reduce pollution and erosion to DC’s waterways; these do, measurably protecting the Watts Branch and the Anacostia River. And no credits produced so far except for ours provide a new and sustainable income source to a nonprofit doing good in the community; these do.
The Trust chose as its initial partner the Progressive National Baptist Convention, which was the spiritual home of Dr. King. Its national headquarters are in Ward 7, at the former Nannie Helen Burroughs National Training School for Women and Girls, just up the hill from the Anacostia’s largest tributary. The bioretention facility filters street and parking lot runoff, not only maximizing pollution prevention, but providing an income stream to PNBC to support its programs in the District.
Special offer: We will gladly work closely with the purchaser to let the public know that the purchaser is not only directly helping to restore and protect the Anacostia River, but helping to support an important community partner in Ward 7.