We make it easy to be green! In addition to saving energy and water, with our Green Advantage® suite of offerings, you may also qualify for better pricing and higher proceeds.
Our Green Advantage program focuses solely on workforce housing to make the strongest impact:
Loans must be fixed-rate with a 7- or 10-year term.
We will reimburse the cost of the Green Assessment® or Green Assessment Plus® up to $4000, when we acquire the loan.
Just choose which path works for you – Green Up®, or Green Up Plus® for even more funding. When you commit to reducing energy/water consumption by at least 30%, you may get better pricing and more funding to make these enhancements.
Borrowers must be able to reduce whole property energy consumption by at least 15% and reduce either energy and/or water whole property consumption by an additional 15% for a total of 30% reduction in whole property energy and water consumption.
Get a Green Assessment®, a straight-forward property analysis to show borrowers how they can save energy or water by making property improvements.
We reimburse up to $4,000 of the cost of the report, when Freddie Mac acquires the loan.
Get a Green Assessment Plus®, a highly-detailed property analysis based on an ASHRAE level 2 energy audit.
We reimburse up to $4,000 of the cost of the report, when Freddie Mac acquires the loan.
Borrowers who commit to making improvements based on the Green Assessment and are able to save 30% in energy or water usage with a minimum of 15% from energy get:
Borrowers who commit to making improvements based on the Green Assessment Plus and are able to save 30% in energy or water usage with a minimum of 15% from energy get:
Green Up and Green Up Plus loans require Borrowers to engage a third-party data collection firm prior to the origination of the loan. The data collection is required for the life of the loan. View the consultant qualifications.
We give discounted loan pricing for properties that have affordable rental units with any of the following eight industry-standard green building certifications.
Optigo® Lenders should:
Borrowers who do not pursue any other Green Advantage options can receive $5,000 from Freddie Mac for delivering an EPA ENERGYSTAR® Score with a Green Rebate
Freddie Mac Multifamily can grant consent for Commercial PACE financing from qualifying Commercial PACE programs on loans in our retained portfolio. Additional requirements may apply. Check with your Freddie Mac representative for details.
Use these resources to select a Benchmarking Data Consultant and to assist with benchmarking and reporting:
Benchmarking Data Consultant Requirements
What do these all have in common? They represent the projected water and energy savings from our national Green Advantage® program. Read how it’s cutting utility bills for hundreds of thousands of lower income renters.
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