Seeing Green: 2019 Green Loan Updates
Green Loans help you save money while you make improvements that reduce costs, lower utility consumption and add to the value of your property. What’s not to love?
But in 2019, the rules have changed. Now, in addition to water savings, requirements are being added to cut energy use.
Can simple improvements like smart thermostats and lighting upgrades help you meet the new Energy Savings requirements? Will added insulation or energy-efficient appliances do the job?
The new guidelines mean more requirements for property management — but also more potential savings. Join Fannie Mae Program Manager Karyn Sper as she reveals how the new guidelines can boost projected median owner savings by 50% — and median added value by 70%!
- How your certification level impacts your Green Loan pricing
- Increasing you eligible loan amount by underwriting projected savings
- New Energy Savings requirements
- Third party benchmarking requirements for eligibility.
As Program Manager for Green Financing, Karyn focuses on developing and implementing financing products that increase the sustainability of the country's multifamily housing stock and creating analytical tools to assess the impact of green financing. Prior to joining Fannie Mae, she spent five years in commercial real estate loan underwriting and business development at MMA Realty Capital, and eight years in environmental consulting, where she specialized in solid waste management and pollution prevention. Ms. Sper has an MBA in Real Estate and Finance from The Wharton School at the University of Pennsylvania and a BA in Earth and Planetary Sciences from Washington University in St. Louis.