Housing Giants - January 15, 2009 - (Page 10) FEATURE 10 REASONS WHY BORA-CARE IS THE GREEN CHOICE FOR TERMITE PRETREATMENTS HUD Secretary Nominee Who Is Shaun Donovan? In December, President-elect Obama nominated Shaun Donovan as Secretary of the Department of Housing and Urban Development. He’s noted as a “Harvard-educated architect” with experience in HUD in the Clinton administration and most recently as the commissioner of New York City’s Department of Housing Preservation and Development. Affordable housing is his specialty, so we can expect a strong focus on workforce housing. Want to learn more? Here are a few links to interviews and backgrounders: “On/Off the Record Breakfast: Shaun Donovan” — A Q&A-style report from City Hall magazine n The New York Times covers his work history — including the baggage n Barack Obama weekly address naming Shaun Video Donovan as nominee n n 15 percent to 20 percent for highincome earners. To help builders preserve capital, the trade group will also push for the expansion of net operating loss carrybacks to allow builders to offset taxes paid during the boom years of this decade against losses expected through 2009 and possibly 2010. THE ONLY BORATE BASED PRODUCT WITH ESSENTIAL PRODUCT-SPECIFIC EFFICACY ALLOWED AS A PRIMARY TERMITE BARRIER PRETREATMENT • IT’S THE PERFECT GREEN SOLUTION FOR TERMITES 1 2 3 4 5 6 7 Bora-Care wood treatments eliminate the need to pump termiticides into the ground. There is virtually no risk of contamination of soil, rivers, lakes or aquifers. Green builders using Bora-Care have eliminated more than 120 million gallons of diluted termiticide from being applied to the soil across the U.S. Builders can earn points in green building programs by using Bora-Care, including LEED® for Homes, NAHB Green Home Building and many others. Bora-Care penetrates the wood and remains in the wood, providing years of long-term, sustainable residual protection. Bora-Care saves water. Soil termiticides require large amounts of water for dilution. Using Bora-Care can save 200-300 gallons of water per average-size home. The element boron is found throughout nature and may be essential to the health of all living plants and animals. Mammals, birds, fish and reptiles can all excrete excess ingested boron, so it has little effect on these non-target organisms; however insects cannot process boron in the same way. As a result, boron accumulates in their systems and interferes with their ability to convert food sugars into energy, leading to starvation. This unique quality makes borates the perfect green solution for targeting termites. Bora-Care treated wood provides protection from subterranean, Formosan and drywood termites as well as wood boring beetles, carpenter ants and wood decay fungi. It also provides general pest protection by making the treated wood areas uninhabitable by pests such as cockroaches. Bora-Care emits no VOCs (Volatile Organic Compounds). INTEREST RATES: Although the Treasury Department is currently considering a plan that would temporarily reduce fixed interest rates for home purchases to 4.5 percent, the Fix Housing First coalition would like deeper cuts. Its plan calls for a 2.99 percent rate for contracts closed by June 30 of next year and a 3.99 percent rate for the rest of 2009. Economist Lawler is skeptical that this action will fix the housing problem because it won’t help consumers who are struggling with excessive debt or getting loans for cars or education expenses — nor will it help small businesses having trouble getting loans. Moreover, he argues that 8 9 10 Los Angeles Times coverage says he will “carefully watch” the new administration’s proposals to increase the capital gains tax from 10 1.15.09 HOUSING GIANTS www.HousingGiants.com Green Builder® magazine selected Bora-Care for its inaugural Overall Grand Prize, Best of Show award at the 2006 National Green Building Conference. www.bora-care.com • 800.264.0870 For more information, contact: Sammy Baker • Manager/Builder Services • 865.202.7871 • sammyb@nisuscorp.com Green Builder is a registered trademark of Green Builder Media. Bora-Care and Nisus are registered trademarks of Nisus Corporation. ©2008 Nisus Corporation #HG-0109a http://www.nyc.gov/html/hpd/html/about/bio-shaun-donovan.shtml http://www.hud.gov/ http://www.hud.gov/ http://www.cityhallnews.com/news/128/ARTICLE/1574/2008-07-14.html http://www.cityhallnews.com/news/128/ARTICLE/1574/2008-07-14.html http://www.nytimes.com/2008/12/13/us/politics/13web-donovan.html http://www.youtube.com/watch?v=2kkB3yqLTMo http://www.latimes.com/business/la-na-hud-obama14-2008dec14,0,5865966.story http://www.bora-care.com http://www.HousingGiants.com
Table of Contents Feed for the Digital Edition of Housing Giants - January 15, 2009 Housing Giants - January 15, 2009 Contents Viewpoint News & Moves M&A The New Administration Housing Giants - January 15, 2009 Housing Giants - January 15, 2009 - Housing Giants - January 15, 2009 (Page Cover1) Housing Giants - January 15, 2009 - Contents (Page 2) Housing Giants - January 15, 2009 - Viewpoint (Page 3) Housing Giants - January 15, 2009 - News & Moves (Page 4) Housing Giants - January 15, 2009 - News & Moves (Page 5) Housing Giants - January 15, 2009 - M&A (Page 6) Housing Giants - January 15, 2009 - M&A (Page 7) Housing Giants - January 15, 2009 - The New Administration (Page 8) Housing Giants - January 15, 2009 - The New Administration (Page 9) Housing Giants - January 15, 2009 - The New Administration (Page 10) Housing Giants - January 15, 2009 - The New Administration (Page 11) Housing Giants - January 15, 2009 - The New Administration (Page 12) Housing Giants - January 15, 2009 - The New Administration (Page 13) Housing Giants - January 15, 2009 - The New Administration (Page 14)
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