Photo of Willy Walker “Thanks to discounted financing, developers have more reasons than ever to enter this territory,” writes Walker.

BETHESDA, MD—Anyone aiming to strike gold in America’s housing market would be wise to focus on another color as well: green. With substantial benefits to businesses, consumers and the planet, green development is on the rise. Thanks to discounted financing, developers have more reasons than ever to enter this territory.

GSE powerhouses Fannie Mae and Freddie Mac both launched discounted loan programs in 2016 to incentivize investments in green multifamily properties. By the end of Q2 2017, investments in the Fannie Mae portfolio alone generated enough electricity and water savings to power 31 million cell phones for a year and save 15.6 billion glasses of water—over two glasses for every person on Earth.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.