This building was in poor physical condition and relied on outdated heating and distribution systems.
This complex was overdue for upgrades – individual gas furnaces, hot water heaters, and lighting fixtures were original to the buildings’ 1950s construction, and a lack of gutters was causing moisture problems in all buildings.
This historic building underwent a substantial rehabilitation, which included replacement of the electric baseboard heating system with a new, efficient ground source heat pump system, among other major upgrades.
This property was renovated with partial funding from a city initiative to revitalize blighted areas of the community.
Properties that have completed energy and water efficiency measures benefit from improved financial…
Major efficiency investments yield sizable savings, resilience, and significant value. Underwriting the potential savings and providing additional low-cost, long-term capital as part of your mortgage can help finance these improvements.
Upgrading major systems and key building components produces long-term cost savings and improves…
The need for healthy, stable, and viable housing has never been more critical to the economic and environmental sustainability of our communities. By supporting the development of more energy efficient buildings, we can ensure stable ownership of multifamily rental buildings, preserve rental affordability, and create more sustainable communities.