Pre-Design
Patterns and Recommendations
2. Funding –
Using sustainable design features as assets
 In
some cases, the environmental features of a home may qualify it for funding sources or
financing programs that would not otherwise be available. Rather than thinking of environmental features as a potential added cost for a
home, they can be viewed as a benefit that makes a funding opportunity
accessible. Some examples are
transportation-efficient mortgages, energy-efficient mortgages, density bonuses,
redevelopment programs, and utility rebate programs for energy-efficient homes or
appliances.
Recommendations:
§ Check
local development agencies to identify incentive programs that apply to certain sites.
§ Check
with local utilities and state energy offices to identify programs that provide incentives
or rebates for energy-efficient features in new homes.
§ Investigate
mortgage programs that recognize the lower operating costs of energy-efficient and
transportation-efficient homes.
Reference:
§ Fannie
Mae Affordable Housing Solutions for Environmentally Sound Construction
§ Energy
Star Mortgage products
§ HUD-Insured
Energy Efficient Loans
§ Location-Efficient
Mortgage
§ Energy-Efficient
Mortgage Lender Database
§ RESNET
(Residential Energy Services Network)
§ Database
of State Incentives for Renewable Energy
§ Oak
Hill Fund Environmentally Sustainable Affordable Design Program
§ Illinois
Energy Affordable Housing Program
§ Texas
Veterans Land Board Housing Assistance Greenbuilding Program
Applied in Case Studies:
§ Cascadia
§ Erie-Ellington
Homes
§ Metro Denver HFH
"Green" Program
Additional Examples:
§ Colorado
Court § Parkside
Estates
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