News
Another roadblock to Energy Management in Multifamily – The availability of “Whole Building” utility data
Benchmarking the energy performance of a property—that is, measuring it and comparing it to similar properties—requires utility data on energy consumption and load over at least 24 contiguous months . Owners and operators of multifamily properties must have access to this utility data for the whole building in order to benchmark it accurately. However, whole-building […]
What are the Motivators in Multifamily for Energy Management?
If you have even casually looked into energy management services for your portfolio, have you noticed the wide range of opinions and options? The differences are more significant than simply positioning. It is a more difficult (and meaningful) choice than asking “Do I want a Coke? Or Pepsi?” http://umadvisory.org/what-are-the-motivators-in-multifamily-for-energy-management/
Does the Owner Resident Split-Incentive issue in Multifamily cause a roadblock to Energy Management?
In order for a property to be truly energy efficient, the interests of both the owner and residents must be aligned in favor of sustainability. Unfortunately, traditional lease arrangements often do the opposite, and skew the interests of both parties… http://umadvisory.org/does-the-owner-resident-split-incentive-issue-in-multifamily-cause-a-roadblock-to-energy-management/
Household Energy Bills and Subsidized Housing
Household energy consumption is crucial to national energy policy. This article analyzes how the rules covering utility costs in the four major federal housing assistance programs alter landlord and tenant incentives for energy efficiency investment and conservation. We conclude that, relative to market-rate housing, assistance programs provide less incentive to landlords and tenants for energy […]
Comparing Tenant Versus Owner Paid Rules Governing Utility Allowances
A utility allowance table for Project-Based Section 8 comparing tenant versus owner paid rules governing utility allowances. Download
Retrofitting existing HUD subsidized, privately owned affordable housing—a literature review of research that demonstrates job creation as a result of greening multifamily buildings.
Retrofitting existing HUD subsidized, privately owned affordable housing—a literature review of research that demonstrates job creation as a result of greening multifamily buildings. Download
Use of Weatherization Program Funds to Benefit Residents of Multifamily Housing
A paper on the use of Department of Energy Weatherization Assistance funds to benefit residents of multifamily housing. Download
New Bill Would Increase LIHTC, NMTC, HTC Allocations in Disaster Areas
Senator Charles Schumer (D-NY) recently introduced the National Disaster Tax Relief Act of 2014 (S. 2233), a bill which would increase the Low-Income Housing Tax Credit (LIHTC), New Markets Tax Credit (NMTC), and Historic Rehabilitation Tax Credit (HTC) allocations in states that include a federally declared disaster area in 2012 or 2013.
National Park Service Updates HTC Application Materials
The National Park Service (NPS) Technical Preservation Services recently released a revised Historic Preservation Certification Application, new PDF application forms, and the full implementation of the Pay.gov fee payment system.
State News Week of April 14: Public Hearings in Iowa, Oregon, & Minnesota
QAP Drafts & Public Hearings The Iowa Finance Authority is hosting a public forum to provide developers and interested parties an opportunity to provide recommendations for the 2015 Qualified Allocation Plan (QAP) – 4% Tax Credits with Tax-Exempt Bonds on May 5, 2014. The Draft Oregon 2014 QAP is available and you may view the […]
HUD Announces Modification to Multifamily Transformation Process
Deputy Assistant Secretary Ben Metcalf from HUD recently announced changes to the Multifamily Housing Transformation, an agency plan for modernizing the HUD business model, involving Asset Management.
PACE. Property Assessed Clean Energy
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