Go Green, Save Green
Sustainable features are becoming more common in multifamily housing, and they are preferred by renters. Go green to stay on top in an ever-changing marketplace. Energy-efficient updates are an easy way to boost your property’s value and help you and your residents save big on energy costs.
Learn more below about our green products and services for your property.
1. Smart Thermostats
Your residents can save up to 10% a year on heating and cooling costs¹ with a smart thermostat that turns back temperatures when the unit is not in use. Plus, with fewer on/off cycles, this upgrade extends the lives of your HVAC units.
2. Low-Flow Plumbing
While they may require an initial capital investment, low-flow fixtures and aerators often repay the investment in less than a year. The money saved means more happy residents renewing their leases.
3. LED Lighting
With more than 30,000 hours of life², LEDs last significantly longer than incandescent bulbs and CFLs. Making the switch to LEDs not only saves you money, it reduces maintenance and increases resident satisfaction.
4. Green Products
Today, green products are comparable to traditional products in cost and effectiveness. With sustainable paper products like Renown Select™ sustainable paper solutions, you can provide residents enhanced comfort, superior performance and 100% recycled fibers.
5. Sustainable Cleaning
Cleaning your property with environmentally preferred products minimizes VOC emissions and controls allergens from dyes and fragrances. The result is common areas that are cleaner, safer and healthier for your staff and residents.
Ways to Go Green
Fannie Mae4 offers green reward benefits and financial incentives for eligible properties. To learn more, visit their Multifamily Green Initiatives Resources page.
1 Department of Energy, “Thermostats”
2 Department of Energy, “LED Basics”
3 Real Property Management, “5 Reasons Your Property Should Go Green” 2014
4 Fannie Mae, “Multifamily Green and Healthy Housing Financing” 2019