Fannie Mae recently announced a program to give discounts on interest rates for financing multifamily projects if buildings are energy-certified. And a once bruised energy financing program that rolled out in 2008 is making the rounds again.
At the Crittenden Conference in Fort Worth, Texas, recently, panelists talked up the Property Assessed Clean Energy (PACE) program which offers energy and utility upgrade financing through private lenders. Moderator Glenn Adams of AEI Consultants said the program is gaining momentum and presents a viable option for multifamily operators to boost energy and utility efficiency without huge capital outlays.
Read more...Multifamily can Pick up the PACE for Improving Energy Efficiency | Property Management Insider
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