HUD Launches New Toolkit for Multifamily Utility Benchmarking
The U.S. Department of Housing and Urban Development (HUD) has created a new Multifamily Utility Benchmarking Toolkit to support multifamily housing providers as they undertake utility benchmarking at their properties. This resource is intended to demystify the utility benchmarking process for organizations and agencies that own and manage the nation's housing stock. HUD strongly encourages utility benchmarking as an important step toward improving property performance and reducing utility costs.
The Toolkit is an especially valuable resource for Better Buildings Challenge Multifamily partners, who commit to reporting their portfolio-wide, property-level energy performance data to the public on an annual basis, in addition to reducing their energy use 20 percent over 10 years. The new Toolkit provides multifamily sector partners with information that can help them:
- review the basics of utility benchmarking,
- plan and organize for utility benchmarking,
- collect and manage property and utility data,
- enter data into benchmarking software,
- share their energy and water performance results with others,
- make informed decisions toward improving the performance of their portfolio,
- understand HUD’s utility benchmarking requirements,
- explore programs that can support utility benchmarking efforts, and
- learn about HUD’s programs that support green retrofits.
The new Multifamily Utility Benchmarking Toolkit is easily accessed through the Utility Benchmarking page on the HUD Exchange. It is organized into three sections: Benchmarking 101, Utility Benchmarking Step-by-Step, and Policies and Programs. The Toolkit also contains links to both internal and external resources and requirements, tools and reports, case studies, and FAQs specifically geared to multifamily housing providers.
Multifamily housing providers are encouraged to learn more by participating in and/or reviewing the Multifamily Utility Benchmarking Webinar series. Drawing from the resources provided in the new Toolkit, the webinar series aims to familiarize attendees with the specific guidance and tools HUD has developed to help the multifamily sector realize the benefits of benchmarking the energy and water performance of their properties. While attendees are encouraged to register for and attend the sessions through the Utility Benchmarking page on the HUD Exchange, recordings will also be available through that page for those who are not able to attend.