Feb. 20, 2014: Energy Star Seeks to Increase Efficiency, Affordability of Multifamily Buildings
Energy Star Program Signs Agreement with Freddie Mac
WASHINGTON — The U.S. Environmental Protection Agency’s (EPA’s) Energy Star program has signed an agreement with the Federal Home Loan Mortgage Corp. (Freddie Mac) aimed at increasing the efficiency and affordability of multifamily housing properties. Freddie Mac works with mortgage lenders to help people get lower housing costs and better access to home financing. The new agreement outlines strategies to save energy, water, and money for multifamily property owners and residents.
“Boosting energy and water efficiency not only saves money and makes these properties a better investment for owners and more affordable for families who live there — it is also an important step in the president’s commitment to fighting climate change by cutting energy waste in our nation’s buildings,” said Janet McCabe, acting assistant administrator for EPA’s Office of Air and Radiation. “By making it easier to secure financing for energy efficiency investments and providing data about energy use and efficiency opportunities, these strategies will create lasting environmental and public health benefits while making multifamily buildings more efficient and valuable.”