Boston-based WinnCompanies has cut its electric bill for common areas by 25% at Loft 27, a 173-unit apartment building, as the result of efficiency retrofit and solar projects completed in 2012. The apartment development was created from the adaptive re-use of an historic former mill. Download
RStreet Apartments, a collection of 130 apartment units in five historic low-rise buildings, is an example of a situation where an initial green retrofit project doesn’t have to be the end-all and be-all. Rather, new upgrades a few years later can reap additional utility cost savings. Less than four years after a LIHTC renovation was […]
Retrofitting affordable multifamily rental housing properties to make them more energy efficient is critically important for building owners and managers. Energy consumption is the largest or second-largest category of operating expenses in these kinds of properties. However, investing in energy efficiency improvements requires capital, which can be difficult to secure in the current era of […]
The investment of a mere $1.25 million in energy and water retrofit improvements at a 91-year-old, 16-story mixed-use building in downtown Pittsburgh, Pa. is already generating substantial savings from reduced utility costs, while providing more comfortable living conditions for the residents. Download
Residents get their electricity mostly for free at Arbor Green Apartments, a new 40-unit low-income housing tax credit (LIHTC) development in Los Angeles County. The reason? A sprawling rooftop solar photovoltaic (PV) system at the site that supplies nearly all of the power for the entire property, including the apartments and common areas. Download
After a green affordable multifamily rental housing project is completed, either through new construction or renovation, will the expected energy and water cost savings actually be achieved? To a large degree, the answer depends on the day-to-day actions of the residents and whether they are motivated to conserve, either by financial rewards (e.g., smaller utility […]
More than 120 enthusiastic energy- and cost-concerned representatives from a variety of affordable housing companies and organizations filled a conference room in a building adjacent to Philadelphia’s 30th Street Station on April 3 for a frank and incisive, daylong look at the true financial benefits that can be reaped from best practices in energy and […]