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Freddie Mac Multifamily Green Advantage®

Better Pricing. More Proceeds. Energy Savings. Workforce Focused.

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:

  • At least 50% of units must be affordable at incomes from 80% to 150% of AMI, based on the market.

    This is now reflected in our Affordability Test which should also be used to determine qualification.

    The AMI levels are up to and including:  
    • 80% AMI in standard markets
    • 100% AMI in cost-burdened markets
    • 120% AMI in very cost-burdened markets
    • 150% AMI in extremely cost-burdened markets

    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.

    2019 Green Advantage Overview

    Going Green?

    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.

    Green Assessment®

    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.

    Green Assessment Plus®

    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.

    Green Up®

    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:

    1. Better pricing
    2. More funds: We’ll underwrite up to 50% of projected energy savings

    Green Up Plus®

    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:

    1. Better pricing
    2. More funds: We’ll underwrite up to 75% of projected energy savings

    Data Collection

    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.


Already Green?

Green Certified

We give discounted loan pricing for properties that have affordable rental units with any of the following eight industry-standard green building certifications.

  1. EarthCraft, Greater Atlanta Home Builders Association & South Face
  2. ENERGYSTAR® for Multifamily, EPA
  3. ENERGYSTAR® for Qualified Multifamily High-Rise, EPA
  4. Green Communities, Enterprise Community Partners
  5. Green Globes, Green Building Initiative
  6. GreenPoint Rated, Build It Green
  7. LEED, US Green Building Council
  8. National Green Building Standard (NGBS), Home Innovation Research Labs

OptigoSM Lenders should:

  1. Speak to their Freddie Mac representatives.
  2. Complete our Affordability Test and select the relevant certification.
  3. Provide evidence of certification as part of the loan submission to receive our best quote.
Green Rebate

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

Commercial Property Assessed Clean Energy (C-PACE) Financing Consent

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.