Low Income Housing Tax Credits & Energy Efficiency in Maryland, 2015

Energy Audits/Energy Modeling

Maryland's 2015 Multifamily Rental Financing Program Guide requires rehabilitation projects to provide an energy audit performed by a DHCD listed Qualified Energy Auditor and prepared in accordance with DHCD Energy Audit guidance. The audit must include energy and water conservation measures that result in an overall energy savings of 15% or greater over pre-retrofit levels as verified by a RESNET/BPI rater. All measures identified in the audit with a Savings to Investment Ratio (SIR) of 2.0 or greater must be included in the rehabilitation project scope of work.

Energy performance-based incentives and requirements

Maryland's 2015 Multifamily Rental Financing Program Guide awards points to projects that implement potential energy savings identified in the energy audit. Three points are awarded to rehabilitation projects that result in an overall energy savings of 30% or greater over pre-retrofit levels as verified by a RESNET/BPI rater, or ALL of the measures identified in the audit having an SIR of 1.0 or greater will be included/implemented in the rehabilitation project scope of work and verified by a RESNET/BPI rater. One point is awarded to rehabilitation projects if the energy audit shows energy conservation measures that result in an overal energy savings of 20% or greater over pre-retrofit levels as verified by a RESNET/BPI rater.

Contributed By: 
National Housing Trust

Other Items of Interest