From the Eyes of a Verifier. Chris Schwarzkopf

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Transcription:

From the Eyes of a Verifier Chris Schwarzkopf

The Role of a Verifier Design Guide Inspect Test Teach Certify Teammate

Case Study Example #1 LIHTC Funded 1980 s Multi Family Multiple Buildings On One Site Moderate Rehab

Case Study Example #2 LIHTC Funded Competitive New Construction One Building

Case Study Example #3 LIHTC Funded New Construction One Building

How Do We Choose What Program Works Best

Case Study Example #1 LIHTC Funded 1980 s Multi Family Multiple Buildings On One Site Moderate Rehab

Challenges Minimal Scope of Work Existing buildings with improvements completed as needed Minimal budget Build Team not familiar with certification programs

Steps to Follow Model Team Meeting Value Engineer Certification Program Selection

Project Outcome Preliminary Energy Models didn t have high enough energy and water improvements to meet the selected green program. However the HERS Index numbers met the requirement for an alternative program without changing the original scope. Found a cost effective alternative product/practice during team meetings

Case Study Example #2 LIHTC Funded Competitive New Construction One Building

Challenges All Electric Community Resources were minimal NGBS Emerald, LEED Platinum, or Not much communication between the Design Team and the Verifier (at first)

Project Outcome Additional inspections and meetings uncovered more than enough points needed for certification These additional products came at a high cost without much reward

Case Study Example #3 LIHTC Funded New Construction One Building

Challenges First Green project States QAP didn t have many certification choices Energy Star/LEED

Project Outcome Multiple Design Meetings Multiple Build Team Meetings Multiple Site Inspections One of the best projects I have ever been a part of!

Multifamily Financing Incentives GREEN FINANCING SOLUTIONS Fannie Mae and Freddie Mac offer financing solutions for green certified buildings, recognizing these buildings benefit from lower expenses, reduced operations and maintenance costs, and result in a higher quality asset. Financing incentives include interest rate reductions and higher loan proceeds for NGBS Green Certified properties at refinance, acquisition, or supplemental financing. FANNIE MAE GREEN INITIATIVE Three green financing products are available for NGBS Green projects: 1. Green Rewards: Preferential pricing (10 bps discount) and up to 5% additional loan proceeds available for properties ready to make improvements and repairs after loan close. Available for refinance, acquisition, supplemental, and second supplemental. 2. Green Certification Pricing Break: Preferential pricing available for properties with NGBS Green certification awarded prior to loan lock. Available for refinance, acquisition, and supplemental. 3. Green Preservation Plus: Preferential pricing (up to 5 bps discount) and up to 5% additional loan proceeds available for affordable properties that are 10+ years old and ready to make improvements and repairs after loan close. Available for refinance and acquisition loans. For more information on Fannie Mae green financing products, visit FannieMae.com/multifamily/greeninitiative. Interested developers and owners should contact a Fannie Mae multifamily lender (FannieMae.com/multifamily/lender-partners). FREDDIE MAC MULTIFAMILY GREEN ADVANTAGE Multifamily buildings with at least one affordable rental unit that either have or are seeking NGBS Green certification will qualify for the better pricing on existing green buildings under Green Advantage. Borrowers have two financing options: 1. Green Up enables borrowers with qualifying properties to increase the amount of their eligible Freddie Mac Multifamily loan by up to 50 percent of projected energy and water savings. 2. Green Up Plus enables borrowers to increase the loan amount by up to 75% of the projected savings. For more information on Green Advantage, visit: www.freddiemac.com/multifamily/product/greenadvantage.html. Home Innovation Research Labs, 400 Prince George s Boulevard, Upper Marlboro, Maryland 20774 800.638.8556 HomeInnovation.com/Green Twitter.com/NGBSGreen Pinterest.com/NGBSGreen

HUD MORTGAGE INSURANCE PREMIUM REDUCTIONS As of April 2016, HUD offers mortgage insurance premium (MIP) rate reductions for Federal Housing Administration (FHA) insured multifamily loans secured by buildings that attain NGBS Green certification. Annual MIP rates are reduced to 25 basis points from current rates, which are typically between 45 and 70 basis points, for multifamily FHA-insured loan types that meet two conditions: The building must be NGBS Green Certified, or the building owner must attest that s/he is seeking NGBS Green certification for the building. The owner must attest that the building has achieved or will pursue an Energy Score of 75 or better using EPA s Portfolio Manager. The score must be verified by a qualified assessor in preparing the physical condition assessment report. MIP rate reductions are available for multifamily new construction, renovation, refinance, purchase, or seniors housing. NGBS Green offers flexible and affordable certification for either new construction or renovation and, consequently, is a great path for builders seeking to qualify for MIP reductions. National Green Building Standard ICC-700 The National Green Building Standard (NGBS) provides practices for the design, construction or renovation, and certification of new and existing multifamily residential buildings. The NGBS is the first and only residential green building rating system to undergo the full consensus process and receive approval from the American National Standards Institute (ANSI). It is also part of the family of ICC International-codes (I-Codes) that form a complete set of comprehensive, coordinated building safety and fire prevention codes. NGBS Green Certification Home Innovation Research Labs, based in a suburb of Washington, D.C., serves as Adopting Entity and provides national certification services to the NGBS. Home Innovation was established in 1964 and has become an internationally-recognized, accredited product testing and certification laboratory. Our work is focused on the residential construction industry and our mission is to improve the affordability, performance, and durability of housing by helping overcome barriers to innovation. Our core competency as an independent, third-party testing and certification lab, and residential construction expertise, makes us uniquely suited to administer a green certification program for homes of all types. The NGBS Green certification process is very straightforward and cost-effective with minimal administrative burdens. Interested building developers or owners should visit HomeInnovation.com/Green or contact an accredited NGBS Green Verifier (all are listed at HomeInnovation.com/FindNGBSVerifier) to start the process. While all verifiers accredited by Home Innovation Research Labs have been trained to complete multifamily verifications to the NGBS, those with specific expertise in verifying large multifamily projects are also included on a specialty listing you ll find a link to that list on the Find a Verifier page. See all NGBS-related incentives HomeInnovation.com/NGBSIncentives

Green Certification Better Efficiencies, Healthier Homes

Certify Your Project With the Only Environmental Rating System Designed Specifically for the Residential Construction Industry. Certifying your single- or multifamily homes as environmentally friendly should be about more than checking boxes on some unqualified checklist. Home Innovation Research Labs provides Green Certification to the ICC 700 National Green Building Standard (NGBS) to help you employ green building practices that ensure your projects are healthier for residents, cost less to operate, and are better for communities. The menu of practical green building practices in the NGBS is designed to help builders construct higher performing, higher quality homes with reduced environmental impacts. The wide range of point possibilities over the six green categories of the NGBS provides you the flexibility to select the practices that work best for your markets, your customers, and the types of homes you build. As an independent research and testing organization, Home Innovation Research Labs has the capacity, expertise, and credentials to ensure our certification marks stand for consistency, rigor, and credibility. We ve also made the marks easy for consumers to recognize and understand, to maximize the impact and value to your business. Like the NGBS, our Green Certification program is designed specifically for residential construction. Our verification requirements provide assurance that homes or apartments are inspected in accordance with a stringent, nationally approved green rating system. The Home Innovation Research Labs certification mark demonstrates a commitment well beyond a mere marketing label. It proves to your customers and communities that you are committed to better, more sustainable building practices that create meaningful benefits and efficiencies for all involved. And, unlike other certification programs, our NGBS Green Certification is both attainable and affordable for home builders. It s the best choice for your business.

Home Innovation Research Labs NGBS Green Certification Delivers: A comprehensive, credible program designed specifically for singleand multifamily homes A rigorous yet attainable and affordable option for builders and developers A voluntary, market-driven option to show your commitment to your customers and your community Benefits that matter most to homebuyers and renters Marketable Consumer Benefits Healthy Homes Limits moisture problems that attract pests and contribute to mold Provides a level of fresh air that improves indoor living Reduces indoor pollutants through smart product selection and fresh air ventilation Operating Efficiencies Creates energy and water savings through strategic equipment selection and sizing, and sound building science principles Controls maintenance costs through durable construction products and techniques Provides meaningful savings for residents and operators Sustainable Lifestyles Promotes walkability Limits time burden for home or building maintenance Provides environmental benefits to the community We look forward to speaking with you about how we can help improve your business. 800.638.8556 HomeInnovation.com/Green

Home Innovation Research Labs 400 Prince George s Boulevard, Upper Marlboro, Maryland 20774 P: 800.638.8556 F: 301.430.6180 HomeInnovation.com Twitter.com/HomeResearchLab Finding Innovation a Home Home Innovation Research Labs is an independent subsidiary of the National Association of Home Builders (NAHB). Copyright 2013 All Rights Reserved.

NGBS Green Certification Home Innovation Research Labs Michelle Foster

Home Innovation s Mission: Improve quality, durability, affordability, & environmental performance of homes

NGBS Green Voluntary, above-code green certification program American National Institute of Standards (ANSI) approved Part of ICC suite of I-Codes ASHRAE Standard Green practices that impact design, construction, verification, and operation Residential use occupancies; no height limit

NGBS Green Scope New Construction Minor, Moderate & Gut Renovation Student Housing Extended Stay Hotels Assisted Living Conversions

Value Proposition Affordable, flexible, and rigorous Customer-focused QA ensures quality, highperforming asset Provides measurable value Recognized in 28 QAPs

2012 NGBS Performance Levels

Green Certification Costs Certification Fee Practice and Products Verification Costs Unexpected Soft Costs

Ohio Housing Conference 2017: Introduction to Passive House

Introduction to Passive House 2017 Ohio Housing Conference John Semmelhack semmelhack@think-little.com

Reduce the demand for heating and cooling Efficient heating + cooling equipment Balanced ventilation with heat recovery (ERV or HRV) Efficient water heating + distribution Efficient lighting, controls and appliances

www.multifamily.phius.org

www.multifamily.phius.org/servicecategory/developers-webinar-series

Stepping stones to PHIUS certification

Passive House in state QAP s:

Passive House in Ohio s QAP:

PHFA 2015 QAP: 7 of 32 projects are PH (24% of units)

PHFA 2016 QAP: 10 of 27 projects are PH (35% of units)

Thank you for your attention! Questions? semmelhack@think-little.com