Energy and Sustainability
Here is a summary of NMHC’s research and information on Energy and Sustainability
Low-Income Communities Bonus Credit Program Updates
The Treasury Department and Internal Revenue Service on March 29 issued guidance regarding the process by which taxpayers can apply for an allocation of environmental justice solar and wind capacity limitation as part of the low-income communities bonus credit program for 2024.
NMHC Advocacy In Action
On March 9, President Biden unveiled his 2024 budget proposal. The budget proposes a $300 million bump in HUD’s Home Investment Partnership Program (HOME) funding, bringing the program funding up to $1.8 billion. It also includes a $283 million increase in the USDA’s housing program, with a focus on improving the energy and water efficiency of multifamily buildings.
Your Input Needed
NMHC is partnering with Fannie Mae and other real estate organizations to help collect substantive data on energy and water consumption and costs on multifamily properties. And we need your participation to ensure ENERGY STAR® receives enough responses.
Podcast
From waste and material recycling, water use and energy efficiency to renewable energy and greenhouse gas emissions, the scope of how a property is designed and operated is more critical to the bottom line than ever before. In this episode of Code 53, host Alison Johnson speaks with Elme Communities’ Senior Director of ESG, Eric Tilden, about how multifamily developers and management firms are reducing their environmental footprints and conserving resources.
- Real Estate Industry Letter to HUD on Draft Notice on Solar, Cell Tower and Rooftop Leases
- NMHC-NAA Comment Letter to EPA on VRF Refrigerant Transition
- NMHC-NAA Statement for House Energy and Commerce Subcommittee Hearing on Green Building Policies
- Coalition Letter to FHFA on Energy Building Codes
- NMHC-NAA Letter to EPA on the Phasedown of Hydrofluorocarbons
