Green Rewards is ideal for property owners investing in energy- and water-cost reducing property improvements at their existing multifamily property. A Green Rewards loan offers:
- Free ASHRAE Level 2 Energy Audit, subject to loan closing under Green Rewards
- Better pricing than non-green loans
- Underwriting of 75% of owner’s projected cost savings
- Underwriting 25% of tenant’s projected cost
- Up to 5% additional loan proceeds
- Disclosure of the loan as a "Green MBS" to the bond market
Benefits
Lower interest rate Free Energy and Water Audit Report Up to 5% more loan proceeds Increased Net Cash Flow by underwriting projected energy and water cost savings No minimum investment per unit Attract more investors with the market’s only Green MBS
Eligible improvements include new ENERGY STAR® appliances, energyefficient HVACs, low-flow toilets, solar-energy systems, and more. Eligibility Conventional and Affordable Housing Multifamily, Seniors, Student, Military, and Cooperative Borrower must commit to installing capital improvements that target a 25% or more reduction to the whole property’s annual energy or water use Improvements must be installed within 12 months of loan origination Properties may be located anywhere in the U.S. Only Green Rewards loans that are projecting greater than 5% additional loan proceeds are Pre-Review.
Lower interest rate Free Energy and Water Audit Report Up to 5% more loan proceeds Increased Net Cash Flow by underwriting projected energy and water cost savings No minimum investment per unit Attract more investors with the market’s only Green MBS
Eligible improvements include new ENERGY STAR® appliances, energyefficient HVACs, low-flow toilets, solar-energy systems, and more. Eligibility Conventional and Affordable Housing Multifamily, Seniors, Student, Military, and Cooperative Borrower must commit to installing capital improvements that target a 25% or more reduction to the whole property’s annual energy or water use Improvements must be installed within 12 months of loan origination Properties may be located anywhere in the U.S. Only Green Rewards loans that are projecting greater than 5% additional loan proceeds are Pre-Review.
Fannie Mae Multifamily
is giving you the green
to go green Call your Fannie Mae lender today or go to www.fanniemaegreenfinancing.com
Click the following link to view the Listings:
https://cjmls.mlsmatrix.com/DE.asp?k=709716XbP3X&p=DE-6325210-110
is giving you the green
to go green Call your Fannie Mae lender today or go to www.fanniemaegreenfinancing.com
Click the following link to view the Listings:
https://cjmls.mlsmatrix.com/DE.asp?k=709716XbP3X&p=DE-6325210-110
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