Under 2019 guidelines for Green Up® and Green Up Plus® loans, Borrowers must retain a qualified third-party consultant to collect, input and monitor actual energy and water usage at multifamily properties (Benchmarking Data Consultant) prior to the origination of the loan. View the consultant qualifications.
For the Green Up® and Green Up Plus® loan made prior to the 2019 guidelines, use this how-to guide for the prior benchmarking process.
Your borrowers may want to know how they can get the utility data needed for a Green Assessment® and for benchmarking.
Visit the EPA Energy Star® site or use the tool below that lets you search by zip code to see whether or not the area utility company shares aggregate data. This will help owners get the tenant data they must provide for the assessment or for benchmarking.