Type: Sustainability
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Optimizing Energy Efficiency in Large Multifamily Buildings
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CPC VeriFi
CPC VeriFi is a new online software application that harnesses big data to allow building decision makers to calculate potential utility savings and explore financing options for multifamily building water and energy efficiency upgrades. Using CPC VeriFi is quick and easy – try it out by entering your zip code and the size and age of your…
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Climate Friendly Homes Fund Info Session
On this webinar, representatives from The Community Preservation Corporation (CPC) and New York Homes and Community Renewal (HCR) shared information on the Climate Friendly Homes Fund (CFHF), a new $250 million funding source for electrification retrofits of existing, 5-50 unit multifamily buildings. The program included an overview of the program’s eligibility and application requirements and…
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Sustainable Affordable Housing
With nearly half of New York State’s residents earning a low or moderate income, it is essential to identify paths to finance upgrades to affordable housing in support of meeting the climate goals of New York State and New York City. This webinar focused on financing strategies for preparing New York’s affordable housing to confront…
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Webinar: Optimizing Building Envelopes and Ventilation
How can a building’s supporting systems help optimize performance and improve indoor environments? This webinar examined how to take a holistic approach to multifamily building energy efficiency by maximizing envelope performance and ventilation. Presentations from industry experts focused on using these systems to increase operating efficiency, save on energy costs, and ultimately improve resident comfort.…
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Practical Solutions for Multifamily Building Decarbonization
This webinar highlighted solutions to support the multifamily building industry in its transition to low-carbon operations, including innovative, building-ready technologies as well as a discussion on funding resources and programs available through the New York State Research and Development Authority (NYSERDA). Guest presenters included representatives of Aeroseal, Allume Energy, and Indow – all cohort participants…
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Access and Equity in the Transition to a Green Economy
Thank you to all who joined CPC’s webinar. We appreciated the opportunity to host this important and informative discussion around climate, its disproportionate impact on historically disadvantaged communities and the ways in which the multifamily real estate community and others can join CPC and guest panelists in the urgent movement to lift New York’s entire…
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Do Heat Pumps Make Sense for Your Project?
CPC hosted a webinar, “Cutting Carbon and Cutting Costs: Are Heat Pumps Right for Your Project?” on the benefits, costs, and key considerations for adding electric heat pumps to multifamily buildings. Guest experts from KOW Building Consultants and ZBF Geothermal discussed the differences between ground source, geothermal, and air source heat pumps and how to…
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Committing to Carbon Neutrality
Committing to Carbon Neutrality: Measuring, Reducing and Offsetting Your Organization’s GHG Footprint focused on how CDFIs, other nonprofits and businesses can achieve carbon-neutral operations by measuring, reducing and offsetting the greenhouse gas (GHG) emissions resulting from business operations. The June 16, 2021 webinar featured the following speakers: Thank you to all who joined us. Speaker…
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Multifamily Passive House: Connecting Performance to Financing
Executive Summary Building to the Passive House design standard reduces operational costs, which can offset incremental costs of construction and create additional, ongoing cash flow. This playbook analyzes energy use, emissions, and operational cost data from six New York City multifamily Passive House buildings and compares it against data from their conventionally built peers. Findings…
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CPC Carbon Neutral Summit
Advancing our efforts to support and promote energy efficiency in housing, CPC partnered with NYSERDA to host a three-day, virtual Carbon Neutral Summit series. The summit covered the increased need and benefit of energy efficiency in lending and featured industry pioneers from both the government and the nonprofit sector. Thank you to all who joined…
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Financing High-Performance
Financing High-Performance: A Guide to Optimizing Energy Performance Across the Multifamily Building Lifecycle explores the practical benefits of designing, financing, building, and maintaining high-performance new construction, as well as the non-energy benefits that add value to the physical asset and to the lives of the tenants it serves. CPC created this guide to be a…
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HVAC with Heat Pumps | New Construction
The owner of this newly constructed property installed high-efficiency Variable Refrigerant Flow (VRF) heat pump technology for heating, cooling, and humidity control. VRF heat pumps provide unmatched thermal comfort at a fraction of the operating cost of older electric heating systems. Download the Case Study to learn more.
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ENERGY STAR Certified | New Construction
This complex provides supportive services for residents with developmental and physical disabilities. Each apartment unit is certified under ENERGY STAR Homes Version 3.0 and has passed a blower door test for airtightness. The property features ample community spaces and modern amenities, in addition to energy-efficient appliances, in-unit thermostats, and low-e argon-filled windows. Download the complete…
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Classic Energy Retrofit | Multifamily Walkup
This building was in poor physical condition and relied on outdated heating and distribution systems.
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Energy Retrofit | Garden Style Complex
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.
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Heat Pumps | Adaptive Reuse
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.
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Multi Family Passive House | Low-Rise New Construction
This multifamily building boasts ultra-low energy use because it’s built to Passive House construction standards. Lower energy consumption results in lower monthly costs for the owner and residents. Measures like continuous air sealing and insulation help to regulate temperature and air quality, while also controlling odor and noise in each unit. These features maximize safety,…
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Renovation with Solar | Low-Rise Mixed Use
This property was renovated with partial funding from a city initiative to revitalize blighted areas of the community.
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Simple Upgrade: Efficiency Work Scope
Properties that have completed energy and water efficiency measures benefit from improved financial stability, tenant satisfaction, and physical condition. By integrating efficiency at the time refinance, owners unlock an opportunity to improve building performance and ensure long-term financial stability. These measures can be implemented by any building owner to lower operating costs, improve asset value,…
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Substantial Improvements: Efficiency Work Scope
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.
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Moderate Renovation: Efficiency Work Scope
Upgrading major systems and key building components produces long-term cost savings and improves comfort. Using mortgage proceeds to finance these investments allows owners to obtain low-cost capital and spread payments over a much longer time than would be possible with non-mortgage loans. When a building owner is considering a moderate renovation or a building is…
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Underwriting Efficiency Handbook
A mortgage lender’s handbook for realizing energy and water efficiency opportunities in multifamily housing At every transaction, mortgage lenders have an opportunity to talk to building owners about improving building efficiency. By realizing the benefits of efficiency on loan performance and incentivizing owners to pursue efficiency, lenders encourage investments that will strengthen cash flow, improve…
