Four Multifamily Housing Partners Achieve Better Buildings Challenge Goal
Congratulations to Mercy Housing, Corcoran Management, Preservation of Affordable Housing, and Trinity Housing Corporation of Greeley on achieving their 20 percent portfolio-wide energy savings goal within the Better Buildings Challenge. These four Challenge partners serve a combined portfolio of more than 35,000 affordable and market rate housing units in 415 properties nationwide.
Mercy Housing achieved 24 percent energy savings across its nationwide portfolio of 320 properties with 23,000 housing units. The organization was able to leverage over $6 million in rebates to implement more than 240 projects. To realize these efficiency projects, Mercy Housing used innovative financing methods including a pay-from-savings efficiency program and started with pilots to develop proof of concepts before expanding to larger-scale implementation. The organization also built new properties to environmental standards and dedicated a set of staff solely to efficiency and environmental responsibilities. View the video
Corcoran Management became a goal achiever in just three years, reaching 23% energy savings across its portfolio of 10 properties with 1,300 housing units. The company invested in boiler and lighting upgrades across its portfolio and added smart thermostats to units. Corcoran also fostered a culture of efficiency and sustainability by training 80% of its staff in energy efficiency principles. View the video
Preservation of Affordable Housing
Preservation of Affordable Housing (POAH) achieved 20 percent energy savings across its portfolio of 84 properties with 11,000 housing units in 11 states and the District of Columbia. At the start of the Challenge, POAH used its data platforms to establish analytical tools that prioritized energy and water projects across its portfolio, and educated its development team on effective energy and water strategies in new projects. POAH also created a web-based platform, Basis of Design, to establish material and energy efficiency standards across the existing portfolio and in projects under development. Targeting local and state incentives based on property needs provided more opportunities for retrofits across the portfolio. View the video
Trinity Housing Corporation of Greeley
Based in Colorado, this organization achieved 20% energy savings in just six years across its portfolio of 108 housing units. Trinity implemented whole-property LED and ultra-bright LED retrofits and installed temperature limiting thermostats in units. The organization also upgraded to high-efficiency appliances and systems, increasing the comfort and quality of life for residents while saving energy and costs. View the video