Fannie Mae launches survey to make multifamily properties greener

Aim is to update ENERGY STAR and Water Scores, making properties more efficient

Fannie Mae launches survey to make multifamily properties greener

Fannie Mae has launched a survey to collect and analyze the energy and water consumption and costs of multifamily properties from 2022 as part of a national effort to make multifamily properties greener.

The mortgage firm has partnered with the US Environmental Protection Agency (EPA) and several other organizations to update the 1-100 ENERGY STAR Score and EPA’s Water Score for Multifamily Housing, which provide transparency into how a multifamily building’s energy or water consumption compares to similar multifamily buildings in the United States.

The survey partners include Conservice, CRE Finance Council, Enterprise Community Partners, Mortgage Bankers Association, National Apartment Association, National Council of State Housing Agencies, National Multifamily Housing Council, NeighborWorks America, Stewards of Affordable Housing for the Future, the Urban Land Institute, and WegoWise by Measurabl. Bright Power will manage and administer the survey.

“At Fannie Mae, we are committed to making multifamily properties greener and healthier for residents, and the launch of the 2023 Multifamily Energy and Water survey will provide valuable data for the industry,” said Karyn Sper, senior director of multifamily green, healthy housing, and duty to serve at Fannie Mae. “By participating in this survey, property owners and managers will be helping the multifamily industry become more efficient and reduce greenhouse gas emissions.”

Fannie’s 2023 Multifamily Energy and Water survey will end on June 30, 2023. The company has created a website containing information about the survey, link, other helpful resources, and contact information.

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