Deep Energy Retrofit at Affordable Housing Property Cuts Energy Consumption 72% via Property Management Insider

Property owners considering improving energy efficiency at older apartment buildings may want to consider reaching for a jacket to get the job done. Updating 40- and 50-year-old structures to reduce utility spends is literally going under cover with a deep energy retrofit, a process that envelopes exteriors with an insulated wrap without removing a brick. The result is a new look and better energy efficiency.

WinnDevelopment, a Boston, Mass. developer, recently completed an experimental deep energy retrofit that included putting an insulated exterior wrap over a portion of the 500-unit Castle Square Apartments, a 1960s-style affordable housing property on the city’s South End. The $50 million project, partially funded by government low-income tax credits, low-interest loans, and competitive grants, is expected to reduce the property’s energy consumption by 72 percent.

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