Energy modeling is the virtual or computerized simulation of a building or complex that focuses on energy consumption, utility bills and life cycle costs of various energy related items such as air conditioning, lights and hot water. It is also used to evaluate the payback of green energy solutions like solar panels and photovoltaics.
Energy Service Corporations can provide up-front capital for energy efficiency projects. The financing contracts are structured by anticipated savings resulting from the projects.
The ENERGY STAR® building certification is recognition by the US EPA for buildings that achieve an ENERGY STAR Performance Score of 75 or higher—meaning they are in the top 25 percent for energy efficiency in the nation compared with similar buildings—and are professionally verified to meet current indoor environment standards are eligible to apply for the ENERGY […]
Enhanced Commissioning allows project teams to earn a credit by providing a commissioning process that builds upon the Fundamental process to include: design review prior to 50% CDs, review of contractor submittals, development of a systems manual, verification of training for building operating personnel, and review of building operations within ten months of substantial completion. […]
An environmental site assessment is a report that identifies potential or existing environmental contamination liabilities. The analysis is often referred to as an ESA.
Environmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that conscientious investors use to screen potential investments. Environmental criteria consider how a company responds to climate change and sustainability issues. Social criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. Governance deals […]
An EBCP is a professional certified by the Association of Energy Engineers (AEE) that oversees the commissioning process for an existing building. All EBCP candidates must meet minimum experience requirements, and pass a proctored exam. The certification program recognizes the most qualified professionals and raises the overall professional standards within the existing building commissioning field.
Fannie Mae DUS (Delegated Underwriting and Servicing) program is a unique risk-sharing model that provides financing to the multifamily housing market. Fannie has a list of authorized DUS lenders that can underwrite, close, and deliver most loans without Fannie’s pre-review. Examples are JP Morgan and Berkadia.
The Fannie Mae Multifamily Green Financing Business provides mortgage financing to apartment buildings and cooperatives to finance energy and water efficiency property improvements.
Fannie Mae Multifamily Green Rewards is a financing program for existing properties that provide pricing breaks and additional loan proceeds to finance smarter, greener property improvements. Green Rewards incentivizes borrowers investing in energy and water efficiency for existing properties with better pricing than conventional loans, additional loan proceeds, and the ability to underwrite to utility […]