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Decarbonization of Affordable Housing

Corey Aber and Luba Kim-Reynolds

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In this episode, Corey Aber and Luba Kim-Reynolds welcome Claire Kramer-Mills from the Federal Reserve Bank of New York to the show. They dive into her team’s research on decarbonization of affordable housing in the state and New York City, discussing the impacts of legislation on affordable properties and the opportunities that exist to begin the electrification process. 

Chapter 1: 00:00 – Introduction: The future of housing in New York 
Chapter 2: 06:19 – Overview of NY affordable housing stock 
Chapter 3: 13:21 – Unique impact of decarbonization on small properties 
Chapter 4: 19:10 – Programs to help borrowers finance electrification 
Chapter 5: 27:00 – A balancing act 
Chapter 6: 36:07 – How do we start decarbonizing affordable housing in NY?

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This podcast is for informational purposes, and is not advocacy, legal interpretation, nor a statement of policy. Reference to any specific product or entity does not constitute an endorsement or recommendation by Freddie Mac unless explicitly stated. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Freddie Mac employees are those of the employees and do not necessarily reflect the view of Freddie Mac or any of its officials.