1. What We Do Orientation to my perspective-
Our NASCAR of programs we work with. Focused on energy efficiency and sustainability.
Work with mostly new construction, with a few, existing renovation work.

2. Our Services Design Review Energy Modeling Utility Analysis
Insulation Inspections
Air sealing inspections
Diagnostic Testing; Blower door and duct leakage
Partnering with Developers, Architects and GC’s
Making sure our predictions are showing up in the performance

3. Overview EE has real Financial Incentives to Developers
EE drives kWh Savings
Financial benefits to residents
Increased durability/quality of construction
Leading to higher quality asset

4. HERO Code $750 per unit HERO WHOLE-HOUSE REQUIREMENTS INCENTIVE
Meet 2012 NCECC HERO standards (or the equivalent in South Carolina) while making use of the code’s “visual infiltration inspection” allowance (no blower door test). Minimum 699 heated square footage for homes meeting HERO standards but not achieving a full HERS rating.
$300 per unit INCENTIVE EQUIPMENT REQUIREMENT INCENTIVE
Install an air conditioner or a heat pump with SEER 15 or higher.
Install an ENERGY STAR® heat pump water heater with a minimum energy factor of or higher. ($350)

5. Financial Incentives Green Rewards
Preferential Pricing; (10 bps discount) up to 5% loan proceeds for energy improvements and repairs after loan closes.
Green Certification Pricing Break
Requires Green Program Certification. Better pricing than non-green loans. Disclosure of the loan as a "Green MBS" to the bond market.
Green Preservation Plus
Preferential pricing (up to 5 bps) and 5% additional long proceeds 10+ year property making improvement and repairs. Refinance and acquisition loans.
Initiatives
The Why? Recognizing these building benefit from lower expenses, reduced operation and maintenance costs and result in a higher quality asset.
Building efficiency into loans
Fanniemae.com/multifamily/green-initiative Fanniemae.com/multifamily/lender-partners

6. Financial Incentives
Green Up
Increased loan amount up to 50% of projected energy/water savings
Green Up Plus
Increased loan amount up to 75% of projected energy/water savings
Freddiemac.com/multifamily/product/green-advantage.html

7. Financial Incentives HUD MIP
Annual MIP will change from current rates generally between 45 and 70 basis points,[6] to 25 basis points for all multifamily FHA-insured loan types. Projects will access this rate to encourage owners to adopt higher standards for construction, rehabilitation, repairs, maintenance, and property operations that are more energy efficient and sustainable than traditional approaches to such activities. The lower rate will incentivize owners to implement measures that result in projects with greater energy and water efficiency, reduced operating costs, improved indoor air quality and resident comfort, and reduced overall impact on the environment. It is anticipated that mortgage proceeds will be used to retrofit properties to meet the stringent efficiency standards required to access this lower MIP premium.

8. HUD MIP In Short Benchmark Energy use Green Program Certification
Monitoring to show efficiency over time

9. Top Energy Influencers
Ducts/HVAC equipment in conditioned space
Slab insulation
100% Efficient Lighting
Energy Efficient Appliances
The what?
Apartments are by nature more energy efficient than homes due to low exterior wall area, where the delta T is.
What we edit when we are looking to model reduction in energy.

10. Top Energy Influencers-Retrofit
Air Sealing
Ducts/HVAC equipment air sealed
Energy Efficient Lighting
Energy Efficient Appliances
Resident Education
Retrofit is hard, every unit/project is starting from a different place. Not a one size fits all situation.

11. NCHFA QAP includes ENERGY STAR V2.0 Qualification

12. ENERGY STAR V 2.0 717 kWh saved $123; 15% 717 kWh Savings
$123/year savings
717 kWh saved
$123; 15%

13. Ducts in the Attic 3 Bedroom All HVAC in Attic Middle Floor
Ground Floor
$/year
$1,214
$1,141
$1,130
kWh/year
10,850
10,118
10,008
Savings
$73
$84
Current (new) ENERGY STAR V2.0 LIHTC project in NC.
So we are duct testing and doing insulation and air sealing inspections.
$84/year; 842 kWh/year

14. New NC 2018 Code Residential Code Total duct leakage; 5 cfm
Leakage to the outside; 4cfm
Insulation values changing
Go to a Code Update Workshop
Commercial:
Residential:

15. NC 2018 Code

16. Insulation R-13 R-15 R-19 2x4 2x6 $/year $1,219 $1,198 $1,189 kWh/year
10,912
10,692
10,605
Savings $0
$21
$30
Same project with different wall types.
$30 savings to resident to go to 2x6.
2x6 and HVAC in conditioned space, looking at $114/year

17. Multifamily Projects in NC
Additional 542 kWh Savings
Additional $77/year
Tax credit project taking advantage of HERO, close to 50k

18. HERO To Date

19. Summary Financial Incentives to Developers kWh Savings
Real financial benefits to residents
Increased Durability/quality of construction

20. Questions

21. Contact Us! Dana Bartolomei Alfred Ripley ​Laurie Colwander
Regional Director of Energy Efficiency Policy, Southeast
National Housing Trust
th St. NW, Suite 100A
Washington, D.C
ext. 140  
Alfred Ripley
Director of Consumer and Housing Affairs
North Carolina Justice Center
PO Box 28068
224 S. Dawson St.
Raleigh NC
(919)
​Laurie Colwander
Director of Multifamily Services 
 Southern Energy Management 5908 Triangle Drive Raleigh NC 27617