AN INNOVATIVE APPROACH TO GREEN REHAB. Introduction.

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 propertyIncrease comfort, health and safetyIncrease margins/profitabilty

Savings for next 20 years go to your bottom-line

Create opportunities and jobs for local contractorsReduce wasteEnvironmental 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

Current Annual Utility Cost $100,000

Typical Waste/Inefficiencies 25%

Annual Waste / Cost of doing nothing $25,000    

Inflation Rate for Energy 5%

Life of Green upgrades (in years) 10   

Money you will pay to your Utility Company $314,447

Money available for your Green upgrades Now

$265,000

RebatesOutreach

UTILITIES

ICAST

NMMFA

A Unique Partnership

FinancingGrants

Sales, Project Management, M&V

MF

Utility Partners

One-Stop-Shop

A simple, cost-effective approach:

1. Assessment Scope of Work

2. Access to Funding: Reserves + Utilities + Grants + Loan (MFA or TBL Fund)

3. GC the construction: ICAST (GC) - WAP Agencies + Subcontractors

4. Invoicing & Reporting: Including 1 year of M&V

Decide to Explore Energy Efficiency

Options

Locate Energy Auditors &

Schedule Audits

Compare EE Options to select ones that

best fit your needs?

Will Savings cover the cost of

Investment?

Find the Money: Long term? below market rate? Utility Rebates?

Grants?

Implement: Hire General

Contractor (DIY?)

Identify contractors – different for HVAC, lighting, insulation,

windows, etc.

Select and Manage all contractors continuously

Inspect all the work completed to ensure

it is high quality.

Close-Out: Pay Invoices, complete

reports, Rebate paperwork, etc.

Track Results

Fix Issues if Project did

not Pan Out

Simplified Process

Turn-key and Hassle-Free:

Decide to Go Green

Call One-Stop

-Sho

p

Sit Back and

Enjoy Savings!

ResourceSmart

Portfolio Analysis & Property AssessmentsFinancingProperty Rehab Green Retrofit:

1. EE/DSM/DR

2. Renewable Energy

3. Water Conservation

4. Indoor Air Quality

5. Tenant Engagement

O&M

Whole is Greater than Sum of Parts

Energy Audit

Energy Audit

TBL Fund

Focus - Green Rehab

Target Market:

Multifamily: Affordable Housing

Commercial: Nonprofits, Community Facilities

Geographies Served:

Rocky Mountain region (CO, NM, WY)

Southwest US (TX, OK, AZ)

Services

Access to Financing Grants

Below-market Debto Average 10-year term

o Fixed interest rates

o 1st position or lien not required

Technical Assistance Financial Education and Training

Case Study

20 unit Cibola Apts, Socorro, NM

Green Retrofit :

Attic Insulation

Lighting

Furnaces

Water Conservation

Evap. Coolers

Appliances

Case Study

20 unit Cibola Apts, Socorro, NM

Rehab :

Roof replacement

Repave Parking Lot

New Stairs

Flooring and

Subflooring

ADA compliance

Case Study

20 unit Cibola Apts, Socorro, NM

Funding:

1. Loan from MFA -

$500K

2. WAP Funds - $70K

3. Other Grants - $200K

QUESTIONS?

[email protected]

720-261-1086

1-866-590-4377

WWW.RESOURCESMART.ORG/CONTACT

THANKS