The Brookings Institute has released a new white paper that offers a “magic pill” for the federal government by suggesting the possibility of over $1 billion in annual savings, improved building longevity, health, and affordability, as well as thousands of new jobs through retrofitting the federally subsidized multifamily portfolio in order to increase energy and water efficiencies and reduce operating costs. This paper explains why retrofits have not scaled, and recommends a set of policies capable of changing this.
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