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greencommunitiesonline

www.greencommunitiesonline.org. Our mission is to see that all low-income people in the United States have the opportunity for fit and affordable housing and to move up and out of poverty into the mainstream of American life. Why Green Communities Now. Run down, unhealthy housing

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greencommunitiesonline

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  1. www.greencommunitiesonline.org

  2. Our mission is to see that all low-income people in the United States have the opportunity for fit and affordable housing and to move up and out of poverty into the mainstream of American life.

  3. Why Green Communities Now • Run down, unhealthy housing • Rising transportation and energy costs • Sprawling, unsustainable development

  4. Air Pollution and Equity 30% of all emergency room visits are asthma related

  5. Environmental Impacts of Transportation • 30-40% of total US energy use • US has 4% of world population and uses 47% of world’s gasoline • Transportation can be the 2nd largest expense in a low-income household

  6. Environmental Impact of Buildings • Use 30-40% of total US energy • 60-70% of electricity • 35-40% of municipal solid waste • 25-30% of wood and raw materials • 25% of water use

  7. Benefits of Green Communities • Healthier homes for individuals, children, and parents • Increased income and enhanced • opportunities for low-income individuals • and families • Sustainable, smart development

  8. Stemming Climate Change Indirect (Global) Forest Protection Direct & Indirect Benefit (Regional and Indiv/Org) Stormwater Retention Waste Management/ Recycled Materials Direct Benefit (Individual/Org) Energy Savings Improved Air Quality Reduced Maintenance

  9. Green Communities Framework • Integrated Design Process • Location and Neighborhood Fabric • Site • Water Conservation • Energy Conservation • Materials and Resources • Healthy Living Environment • Operations and Management

  10. National Partners Natural Resource Defense Council American Institute of Architects the American Planning Association, Bank of America Blue Moon Fund BP America Citigroup Foundation Fannie Mae Freddie Mac Global Green USA The Home Depot Foundation J.P. Morgan Chase The Kresge Foundation Merrill Lynch Community Development Company M&T Bank National Center for Healthy Housing Surdna Foundation Tides Foundation Washington Mutual

  11. 8,500 Green Homes Rental, For Sale, Community Facilities Community Developers and Home Builders Grants Up to $5mm Increased Use of Green Practices Lower Costs to Go Green Competitive Advantages Project Planning Technical Assistance, Training Green Building Features Loans (EHFS) Up to $50mm Low Cost Loans Predevelopment Site Acquisition Healthier Environments Lower Life Cycle Costs Better Opportunities Equity (ESIC) Up to $500mm Competitively Priced Equity Construction / Rehab Policy Makers, Funders Opinion Leaders Policy and Communications New Coalitions New Ways of Thinking New Sources of Support Advocacy Research, Evaluation Publications, Symposia

  12. Effecting Industry Change: Housing Programs and Policies Introducing Green Communities Criteria RFQ/RFPs and NOFAs LIHTC Qualified Allocation Plans A Greener Plan for Affordable Housing

  13. Supporting Industry Change: • Place Based Training • Live Online Events • Technical Assistance Hotline • 404-391-5857

  14. Green Communities Charette Grants For Projects Seeking to go Green • Must commit to Best Effort to Incorporate Green Criteria • Must Identify a Qualified “Green” Facilitator • Must Show a Plan and Budget For Use of Funds Up to $5,000 Details on www.greencommunitiesonline.org

  15. Green Communities Loans Eligible Loan Properties • Rental or for-sale affordable housing • Land, vacant buildings, and/or occupied property • New construction or rehab Eligible Loan Uses - $50M over 5years • Predevelopment • Acquisition • Construction

  16. Green Communities Tax Credit Equity Financial Impact of LIHTC Equity • $500 million of the $555 million available • 6,500 of the 8,500 homes Raise the Bar for LIHTC Market • Corporate Investor “Goodwill” • Prioritize Green • Package Financial Incentives • Aggressively priced equity Help Cover the Cost of Green

  17. Incentivizing Industry Change: • Grants - $5 M • Green Charrettes • Sustainability Training • Predevelopment and • Construction • Loans - $50 M • Zero Percent Pre-development • 5.5% Site Acquisition and Construction • LIHTC Equity

  18. Incentivizing Industry Change: Year One • $179 million in financial support • $1.9 M in grants awarded • $13 M in loans • $160 M in tax credit equity invested • 4,300 green affordable homes • 23 States plus DC • 37 national, state and local partners

  19. Sharing Industry Change: Lessons Learned Project Profiles Evaluation of Costs and Benefits www.greencommunitiesonline.org

  20. www.greencommunitiesonline.org

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