200 likes | 293 Views
An innovative approach to green rehab. Introduction. Housing Costs. Housing Costs = R + U + T + H Rent + Utilities + Transportation + Health. Why Go Green?. Reduce operating costs Energy, Water, O&M costs Increase value of property Increase comfort, health and safety
E N D
Housing Costs Housing Costs = R + U + T + H Rent + Utilities + Transportation + Health
Why Go Green? • Reduce operating costs • Energy, Water, O&M costs • Increase value of property • Increase comfort, health and safety • Increase margins/profitabilty • Savings for next 20 years go to your bottom-line • Create opportunities and jobs for local contractors • Reduce waste • Environmental benefits • Reduced GHG, Hg, SOx, NOx,…
Health Benefits Results of the study: Over 90% of benefits are health Admissions to hospitals for respiratory conditions drop by 43% Days off school reduce by 23% Days off work drop 39% Psychological and stress benefits Quantitative risks to respiratory health established EECA energywise New Zealand March 14, 2012
Show me the Money! Pay utility company OR Pay for green renovation
A Unique Partnership Rebates Outreach Financing Grants NM MFA MF UTILITIES Sales, Project Management, M&V ICAST
One-Stop-Shop A simple, cost-effective approach: Assessment Scope of Work Access to Funding: Reserves + Utilities + Grants + Loan (MFA or TBL Fund) GC the construction: ICAST (GC) - WAP Agencies + Subcontractors Invoicing & Reporting: Including 1 year of M&V
Simplified Process Turn-key and Hassle-Free:
ResourceSmart • Portfolio Analysis & Property Assessments • Financing • Property Rehab • Green Retrofit: • EE/DSM/DR • Renewable Energy • Water Conservation • Indoor Air Quality • Tenant Engagement • O&M Whole is Greater than Sum of Parts
TBL Fund • Focus - Green Rehab • Target Market: • Multifamily: Affordable Housing • Commercial: Nonprofits, Community Facilities • Geographies Served: • Rocky Mountain region(CO, NM, WY) • SouthwestUS (TX, OK, AZ)
Services • Access to Financing • Grants • Below-market Debt • Average 10-year term • Fixed interest rates • 1st position or lien not required • Technical Assistance • Financial Education and Training
Case Study • Green Retrofit : • Attic Insulation • Lighting • Furnaces • Water Conservation • Evap. Coolers • Appliances 20 unit Cibola Apts, Socorro, NM
Case Study • Rehab : • Roof replacement • Repave Parking Lot • New Stairs • Flooring and Subflooring • ADA compliance 20 unit Cibola Apts, Socorro, NM
Case Study Funding: Loan from MFA - $500K WAP Funds - $70K Other Grants - $200K 20 unit Cibola Apts, Socorro, NM
Thanks QUESTIONS? ravim@icastusa.org 720-261-1086 1-866-590-4377 www.resourcesmart.org/contact