Standard Communities

One of the 50 largest affordable housing owners in the nation, Standard Communities and its principals have spearheaded innovative solutions to preserve and create highly efficient and high-quality affordable, workforce, and mixed-income housing across the country. Working alongside – and in partnership with – public agencies and community partners to pioneer solutions to the affordable housing crisis, Standard completed the largest tax-exempt bond and LIHTC financed affordable housing transactions in the respective histories of Illinois, California, and Washington, D.C.

Deeply committed to sustainability, Standard takes a holistic approach to integrating sustainable practices into every deal. Previous sustainability successes include the largest rooftop community solar system in D.C. at Fort Chaplin Park Apartments. This project spans 45 buildings, will generate more than 1.5 million kWh of energy annually – saving low-income residents up to $500 per year on their electric bills.

Standard is dedicated to continuing its leadership in the sustainability space as a Better Buildings Challenge Partner. Specifically, Standard will benchmark all properties and monitor energy usage, implement financially feasible energy reduction measures, improve operations and maintenance, conduct resident engagement, and utilize renewable energy to meet the Better Buildings Challenge goal.

Solutions at a Glance

Standard Communities Partners with Tenant Association to Renovate Fort Chaplin Park Apartments

Leadership Commitments

Better Buildings Challenge

Goal

20% Reduction in Energy Intensity

Commitment

14.4 Million Square Feet

Progress

1.6% Average Annual % Improvement

Water Reduction

Goal

20% Reduction in Water Intensity

Commitment

14.4 Million Square Feet

Progress

2.5% Average Annual % Improvement

Performance Data

Solutions

Leadership Commitments

Better Buildings Challenge

Goal

Commitment

Progress

Water Reduction

Goal

Commitment

Progress

DOE Program Participation