www.greencommunitiesonline.org. our mission is to see that all low- income people in the united...
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Our mission is to see that all low-income people in the United States have the opportunity for fit and affordable housing and to move up and out of poverty into the mainstream of American life.
Why Green Communities Now
Run down, unhealthy housing
Rising transportation and energy costs
Sprawling, unsustainable development
Environmental Impacts of Transportation
30-40% of total US energy use
US has 4% of world population and uses 47% of world’s gasoline
Transportation can be the 2nd largest expense in a low-income household
Environmental Impact of Buildings
•Use 30-40% of total US energy•60-70% of electricity•35-40% of municipal solid waste•25-30% of wood and raw materials•25% of water use
Benefits of Green CommunitiesHealthier homes for individuals, children, and parents
Increased income and enhanced opportunities for low-income individuals and families
Sustainable, smart development
Indirect(Global)Forest
Protection
StemmingClimateChange
Direct & Indirect Benefit(Regional and Indiv/Org)
Direct Benefit(Individual/Org)
WasteManagement/RecycledMaterials
StormwaterRetention
Energy Savings
Improved Air Quality
Reduced Maintenance
Green Communities Framework1. Integrated Design Process
2. Location and Neighborhood Fabric
3. Site
4. Water Conservation
5. Energy Conservation
6. Materials and Resources
7. Healthy Living Environment
8. Operations and Management
National Partners
Natural Resource Defense Council
American Institute of Architects
the American Planning Association,
Bank of America
Blue Moon Fund
BP America
Citigroup Foundation
Fannie Mae
Freddie Mac
Global Green USA
The Home Depot Foundation
J.P. Morgan Chase
The Kresge Foundation
Merrill Lynch Community Development Company
M&T Bank
National Center for Healthy Housing
Surdna Foundation
Tides Foundation
Washington Mutual
GrantsUp to $5mm
Loans (EHFS)Up to $50mm
Equity (ESIC)Up to $500mm
Policy andCommunications
Low Cost LoansPredevelopmentSite Acquisition
Competitively Priced EquityConstruction / Rehab
AdvocacyResearch, EvaluationPublications, Symposia
Project PlanningTechnical Assistance, TrainingGreen Building Features
Community Developers and Home Builders
8,500 Green HomesRental, For Sale,
Community Facilities
Increased Use of Green PracticesLower Costs to Go GreenCompetitive Advantages
Healthier EnvironmentsLower Life Cycle CostsBetter Opportunities
Policy Makers, FundersOpinion Leaders
New CoalitionsNew Ways of ThinkingNew Sources of Support
Effecting Industry Change:
Housing Programs and PoliciesIntroducing Green Communities Criteria
RFQ/RFPs and NOFAs
LIHTC Qualified Allocation PlansA Greener Plan for Affordable Housing
Supporting Industry Change:
Place Based Training
Live Online Events
Technical Assistance Hotline404-391-5857
For Projects Seeking to go GreenMust commit to Best Effort to Incorporate Green CriteriaMust Identify a Qualified “Green” FacilitatorMust Show a Plan and Budget For Use of Funds
Up to $5,000
Details on www.greencommunitiesonline.org
Green Communities Charette Grants
Eligible Loan PropertiesRental or for-sale affordable housingLand, vacant buildings, and/or occupied propertyNew construction or rehab
Eligible Loan Uses - $50M over 5yearsPredevelopmentAcquisitionConstruction
Green Communities Loans
Financial Impact of LIHTC Equity$500 million of the $555 million available6,500 of the 8,500 homes
Raise the Bar for LIHTC MarketCorporate Investor “Goodwill”Prioritize Green
Package Financial IncentivesAggressively priced equity
Help Cover the Cost of Green
Green Communities Tax Credit Equity
Incentivizing Industry Change:
Grants - $5 M Green CharrettesSustainability Training Predevelopment and Construction
Loans - $50 MZero Percent Pre-development 5.5% Site Acquisition and Construction
LIHTC Equity
Incentivizing Industry Change: Year One
$179 million in financial support$1.9 M in grants awarded
$13 M in loans
$160 M in tax credit equity invested
4,300 green affordable homes
23 States plus DC
37 national, state and local partners
Sharing Industry Change:
Lessons LearnedProject Profiles Evaluation of Costs and Benefits
www.greencommunitiesonline.org