More banks are beginning to incorporate green and high performance building into their mortgage underwriting process for multifamily properties. If leading lenders begin to encourage and provide incentives for owners to pursue energy and water efficiency and renewable energy at the time of rehab, refinance or acquisition, the results could be transformative for the industry. On this panel, three leading lenders - the Community Preservation Corporation, Fannie Mae, and Bank of America - will discuss their approaches to green underwriting and opportunities for building owners to access more financing and discounts by going green. This one-hour session will discuss the results of the soon-to-be published report by the Community Preservation Corporation "Underwriting Efficiency." The panel will discuss pathways to helping stakeholders integrate efficiency upgrades into major capital events, like refinancing, while recommending additional measures that can be done during tenant turnover.
BENYC-1708: AIA 1.5 LU (pending)