Transforming Multifamily Housing: Fannie Mae's Green Initiative and ENERGY STAR for Multifamily

Rising utility rates create financial risk for owners and reduce affordability for tenants of multifamily properties. To combat this challenge and multifamily properties' impact on the natural environment, the Fannie Mae Multifamily Mortgage Business (Fannie Mae) launched the Green Initiative. The mission of the Fannie Mae Multifamily Green Initiative is to enhance the quality, affordability, and environmental sustainability of multifamily housing in the United States. The Green Initiative provides leadership in the multifamily industry by offering Green Financing loans for smart property improvements and delivering innovative tools that measure and capture the value of energy and water efficiency.