SlideShare ist ein Scribd-Unternehmen logo
1 von 16
HAC Rural Housing Conference
Promises to Keep in Challenging
Times

Preserving Rental Housing in Challenging Times for
Families The promise of green:
          and Seniors
         Sustainability and rural development –
         two case studies

        Janaka Casper, CEO
        Community Housing Partners


                redefining affordable housing
CHP: Who we are
Our mission
To create affordable, green, sustainable
housing opportunities and services for the
people and communities we serve.
CHP: Where we are




             Kentucky,
             West Virginia,
             Virginia,
             North Carolina,
             Florida
             Headquarters:
             Christiansburg, VA
Why we build green
Our values…
•Economic Sustainability
•Environmental Sustainability
•Social Sustainability

Our goals…
To build and preserve Communities of
Choice, where sustainable, high quality,
affordable housing and programs contribute
to individual success and community
improvement.
Benefits of building green
For our residents
• Safer, healthier living environments
• Savings on their utility bills

 For our communities
 • Conserves valuable natural resources
 • Reduces environmental impact
 • Creates an attractive, quality product that provides
       affordable housing for the long-term
            For our organization
            • Reduces expenses
            • Improves marketability
            • Attracts funders and investors
            • Contributes to the success of CHP’s mission
Case study: Rutledge Hills
2009 LIHTC
 project
48 family units




          Amherst County, VA
Rutledge Hills green features
Site: land re-graded to slope away from the buildings;
   improvement of existing gutters to discharge water 5 feet
   away from foundation; landscaping with native and drought
   tolerant plants.

Resource Efficient Building Materials: 30 year warranty
  shingles; Energy Star low-e double paned windows; 14 SEER
  HVAC units with HSPF of 9.0. Cooling and heating equipment
  sized within 6,000 btu/h and 25,000 btu/h of Manual J. Heat
  traps and 2’ feet of pipe insulation at water heater

Waste Management: 50% of construction waste recycled.
Rutledge Hills green features, cont.
Energy Efficient Lighting and Appliances: Automatic
  outdoor lights ; Energy Star-rated refrigerators and
  dishwashers, high efficiency (.92 electric) water heaters.
  Solar hot water heater in community building.

Indoor Air Quality: kitchen ranges vented to the exterior; low
  VOC paints, sealers and adhesives; installation of Carpet
  and Rug Institute-certified low VOC carpet.

Water Conservation: 1.6 gal/flush low flow toilets and 2.5
 gal/min low flow shower heads installed.
Rutledge Hills financing
Tax Credit Equity: $2,026,613
VHDA-VHF: $540,000
RD: $1,404,769
HOME: $500,000
FHLBA-AHP: $245,000
Deferred Developer Fee: $114,625
NeighborWorks America: $384,000
Total Sources: $5,215,007

                              9
Rutledge Hills: the cost of green
 Green/Sustainable Feature                                                         Est. Added
                                                                                      Cost
 Air Sealing to reduce air infiltration by 20%                                          $6,125
 Low-e double paned windows to upgrade and replace single paned windows                   9,250
 Increase insulation from R-30 to R-38                                                    6,500
 Upgrade from 12- to 14-SEER HVAC units with HSPF of 9.0                                48,000
 Seal and insulate all attic access openings                                              2,800
 Use 30-year versus 25 year roofing with installed roof drip edge                           500
 Install kitchen fans vented to outside                                                   4,800
 Low-flow 2.5 gal/min shower head upgrades                                                1,155
 Low-flow 1.6 gal/flush toilets                                                         16,685
 High efficiency water heaters with heat traps                                            4,100
 Outdoor lighting motion sensors to reduce unnecessary light trespass                     6,000
 Upgrade to Energy Star dishwashers and refrigerators                                     2,400
 Down Spout Extensions to move discharge 5’ from foundation                             $ 1,000
 Lead paint, asbestos and radon tested                                                      740
 Re-grade site to slope away from building (not usually done in a typical rehab)         11,400
 Landscape Revisions to include native and drought tolerant plantings                   $7,000
 Total Cost for Green Improvements                                                   $128,455
A case study (in process): Laurel
             Woods
2012 LIHTC project
46 family units




     Pulaski County, VA
Laurel Woods green features
Site: Downspout and drainage repair with grading and area
   drains, native landscaping

Resource Efficient Building Materials: EarthCraft certification
  includes new fiber cement and brick siding, EnergyStar
  windows and sliding glass doors, increased attic insulation,
  EnergyStar exhaust fans, high efficiency heat pump, new
  ductwork

Waste Management: 75% recycling of cardboard, plastics, and
 metals; high appliance salvage rate
Laurel Woods green features, cont.
Energy Efficient Lighting and Appliances: EnergyStar
  refrigerators, hybrid water heaters, dishwashers, range
  hoods, lighting; high efficiency sight lighting

Indoor Air Quality: air sealing, kitchen ranges vented to the
  exterior; low VOC paints, sealers and adhesives

Water Conservation: WaterSense rated kitchen and bath
 faucets and showerheads
Laurel Woods financing

Tax Credit Equity:       2,595,798
RD:                     1,338,388
HOME:                     625,000
FHLBA-AHP:                 230,000
Deferred Developer Fee:     284,505
Total Sources:          5,073,691
What experience has taught us
Sometimes, it’s a long road to a
worthwhile destination
community housing partners
    redefining affordable housing




    www.communityhousingpartners.org

Weitere ähnliche Inhalte

Was ist angesagt?

DELTEC-sustainabilityreport2014web
DELTEC-sustainabilityreport2014webDELTEC-sustainabilityreport2014web
DELTEC-sustainabilityreport2014webBrenda Cooke
 
Detroit, Dallas & Despotism
Detroit, Dallas & DespotismDetroit, Dallas & Despotism
Detroit, Dallas & DespotismorganicARCHITECT
 
Final Product-An Inconvenient Truth by Noel, Ryan and Ben
Final Product-An Inconvenient Truth by Noel, Ryan and BenFinal Product-An Inconvenient Truth by Noel, Ryan and Ben
Final Product-An Inconvenient Truth by Noel, Ryan and BenNoel Chandra
 
The National CDM Project For Green Housing
The National CDM Project For Green HousingThe National CDM Project For Green Housing
The National CDM Project For Green HousingGreenFutureLebanon
 
Phoenix Hope VI And Green Building Presentation
Phoenix   Hope VI And Green Building PresentationPhoenix   Hope VI And Green Building Presentation
Phoenix Hope VI And Green Building PresentationICF_HCD
 
SB'12 - Leilani Latimer - Sabre Holdings, Ian Yolles - RecycleBank, Christine...
SB'12 - Leilani Latimer - Sabre Holdings, Ian Yolles - RecycleBank, Christine...SB'12 - Leilani Latimer - Sabre Holdings, Ian Yolles - RecycleBank, Christine...
SB'12 - Leilani Latimer - Sabre Holdings, Ian Yolles - RecycleBank, Christine...Sustainable Brands
 
Kasper Guldager Jensen: Circular Sustainability
Kasper Guldager Jensen: Circular SustainabilityKasper Guldager Jensen: Circular Sustainability
Kasper Guldager Jensen: Circular Sustainability3XN
 
Beyond Zero Carbon Housing - Alan Shingler
Beyond Zero Carbon Housing - Alan ShinglerBeyond Zero Carbon Housing - Alan Shingler
Beyond Zero Carbon Housing - Alan ShinglerCreative Energy Homes
 
2010 10-20 nahbrc greening midwest
2010 10-20 nahbrc greening midwest2010 10-20 nahbrc greening midwest
2010 10-20 nahbrc greening midwestAmber Joan Wood
 
Jakkur lake and Rainbow Drive stories
Jakkur lake and Rainbow Drive storiesJakkur lake and Rainbow Drive stories
Jakkur lake and Rainbow Drive storiesbiomeshubha
 
Rho-Orion Investments: Our Story
Rho-Orion Investments: Our StoryRho-Orion Investments: Our Story
Rho-Orion Investments: Our StoryDon White
 

Was ist angesagt? (17)

DELTEC-sustainabilityreport2014web
DELTEC-sustainabilityreport2014webDELTEC-sustainabilityreport2014web
DELTEC-sustainabilityreport2014web
 
Detroit, Dallas & Despotism
Detroit, Dallas & DespotismDetroit, Dallas & Despotism
Detroit, Dallas & Despotism
 
Final Product-An Inconvenient Truth by Noel, Ryan and Ben
Final Product-An Inconvenient Truth by Noel, Ryan and BenFinal Product-An Inconvenient Truth by Noel, Ryan and Ben
Final Product-An Inconvenient Truth by Noel, Ryan and Ben
 
Green Building Resource Guide
Green Building Resource GuideGreen Building Resource Guide
Green Building Resource Guide
 
Water Reuse & Wastewater Management
Water Reuse & Wastewater ManagementWater Reuse & Wastewater Management
Water Reuse & Wastewater Management
 
Green Calgary Your New Home
Green Calgary Your New HomeGreen Calgary Your New Home
Green Calgary Your New Home
 
The National CDM Project For Green Housing
The National CDM Project For Green HousingThe National CDM Project For Green Housing
The National CDM Project For Green Housing
 
Phoenix Hope VI And Green Building Presentation
Phoenix   Hope VI And Green Building PresentationPhoenix   Hope VI And Green Building Presentation
Phoenix Hope VI And Green Building Presentation
 
SB'12 - Leilani Latimer - Sabre Holdings, Ian Yolles - RecycleBank, Christine...
SB'12 - Leilani Latimer - Sabre Holdings, Ian Yolles - RecycleBank, Christine...SB'12 - Leilani Latimer - Sabre Holdings, Ian Yolles - RecycleBank, Christine...
SB'12 - Leilani Latimer - Sabre Holdings, Ian Yolles - RecycleBank, Christine...
 
Kasper Guldager Jensen: Circular Sustainability
Kasper Guldager Jensen: Circular SustainabilityKasper Guldager Jensen: Circular Sustainability
Kasper Guldager Jensen: Circular Sustainability
 
Gbf08 kani mechanical systems
Gbf08 kani mechanical systemsGbf08 kani mechanical systems
Gbf08 kani mechanical systems
 
Beyond Zero Carbon Housing - Alan Shingler
Beyond Zero Carbon Housing - Alan ShinglerBeyond Zero Carbon Housing - Alan Shingler
Beyond Zero Carbon Housing - Alan Shingler
 
2010 10-20 nahbrc greening midwest
2010 10-20 nahbrc greening midwest2010 10-20 nahbrc greening midwest
2010 10-20 nahbrc greening midwest
 
Technical Report
Technical ReportTechnical Report
Technical Report
 
Jakkur lake and Rainbow Drive stories
Jakkur lake and Rainbow Drive storiesJakkur lake and Rainbow Drive stories
Jakkur lake and Rainbow Drive stories
 
Rho-Orion Investments: Our Story
Rho-Orion Investments: Our StoryRho-Orion Investments: Our Story
Rho-Orion Investments: Our Story
 
3d
3d3d
3d
 

Ähnlich wie A6 preserving rural rental housing p pt - janaka casper

GBF2007 - NowHouse - Lorraine Gaultier
GBF2007 - NowHouse - Lorraine GaultierGBF2007 - NowHouse - Lorraine Gaultier
GBF2007 - NowHouse - Lorraine GaultierToronto 2030 District
 
2012 ISCN Symposium - Energy Optimization at Central Michigan University 2012
2012 ISCN Symposium - Energy Optimization at Central Michigan University 20122012 ISCN Symposium - Energy Optimization at Central Michigan University 2012
2012 ISCN Symposium - Energy Optimization at Central Michigan University 2012ISCN_Secretariat
 
Heartland 2050 Housing Affordability & Sustainability
Heartland 2050 Housing Affordability & Sustainability Heartland 2050 Housing Affordability & Sustainability
Heartland 2050 Housing Affordability & Sustainability Heartland2050
 
Ccr sustainable building technologies draft 7.3.10
Ccr sustainable building technologies draft 7.3.10Ccr sustainable building technologies draft 7.3.10
Ccr sustainable building technologies draft 7.3.10Kim Mitchell
 
Minneapolis Passive House and Zero Energy Ready Home Report Presentation
Minneapolis Passive House and Zero Energy Ready Home Report PresentationMinneapolis Passive House and Zero Energy Ready Home Report Presentation
Minneapolis Passive House and Zero Energy Ready Home Report PresentationTE Studio
 
Greening the Energy Retrofit
Greening the Energy RetrofitGreening the Energy Retrofit
Greening the Energy RetrofitERH West
 
Final Presentation
Final PresentationFinal Presentation
Final Presentationscottthorpe
 
Commercial Passive House Case Studies
Commercial Passive House Case StudiesCommercial Passive House Case Studies
Commercial Passive House Case StudiesTE Studio
 
Sustainable Small House - Ambient Energy for Buildings Workshop
Sustainable Small House - Ambient Energy for Buildings WorkshopSustainable Small House - Ambient Energy for Buildings Workshop
Sustainable Small House - Ambient Energy for Buildings WorkshopBrianCornwell3
 
Retrofit Analysis and Recommendation Report
Retrofit Analysis and Recommendation ReportRetrofit Analysis and Recommendation Report
Retrofit Analysis and Recommendation ReportMichael Clarke
 
Common Interest Development.Preso.
Common Interest Development.Preso.Common Interest Development.Preso.
Common Interest Development.Preso.awoodside
 
RCD CDHO - EE in HOME Workshop
RCD CDHO - EE in HOME WorkshopRCD CDHO - EE in HOME Workshop
RCD CDHO - EE in HOME WorkshopICF_HCD
 

Ähnlich wie A6 preserving rural rental housing p pt - janaka casper (20)

Gbf08 laebon chess net zero home
Gbf08 laebon chess net zero homeGbf08 laebon chess net zero home
Gbf08 laebon chess net zero home
 
GBF2007 - NowHouse - Lorraine Gaultier
GBF2007 - NowHouse - Lorraine GaultierGBF2007 - NowHouse - Lorraine Gaultier
GBF2007 - NowHouse - Lorraine Gaultier
 
2012 ISCN Symposium - Energy Optimization at Central Michigan University 2012
2012 ISCN Symposium - Energy Optimization at Central Michigan University 20122012 ISCN Symposium - Energy Optimization at Central Michigan University 2012
2012 ISCN Symposium - Energy Optimization at Central Michigan University 2012
 
Heartland 2050 Housing Affordability & Sustainability
Heartland 2050 Housing Affordability & Sustainability Heartland 2050 Housing Affordability & Sustainability
Heartland 2050 Housing Affordability & Sustainability
 
Ccr sustainable building technologies draft 7.3.10
Ccr sustainable building technologies draft 7.3.10Ccr sustainable building technologies draft 7.3.10
Ccr sustainable building technologies draft 7.3.10
 
Acre Designs Deck
Acre Designs DeckAcre Designs Deck
Acre Designs Deck
 
Karpiak Mulhall Passive House
Karpiak Mulhall Passive HouseKarpiak Mulhall Passive House
Karpiak Mulhall Passive House
 
Minneapolis Passive House and Zero Energy Ready Home Report Presentation
Minneapolis Passive House and Zero Energy Ready Home Report PresentationMinneapolis Passive House and Zero Energy Ready Home Report Presentation
Minneapolis Passive House and Zero Energy Ready Home Report Presentation
 
Greening the Energy Retrofit
Greening the Energy RetrofitGreening the Energy Retrofit
Greening the Energy Retrofit
 
Housingworks_CS_1606
Housingworks_CS_1606Housingworks_CS_1606
Housingworks_CS_1606
 
Energy Upgrade CA for homeowners june 2011
Energy Upgrade CA for homeowners june 2011Energy Upgrade CA for homeowners june 2011
Energy Upgrade CA for homeowners june 2011
 
Final Presentation
Final PresentationFinal Presentation
Final Presentation
 
Sustainable housing technology SUSTAINABLE HOUSING (WHY, WHAT & HOW)
Sustainable housing technology SUSTAINABLE HOUSING (WHY, WHAT & HOW)Sustainable housing technology SUSTAINABLE HOUSING (WHY, WHAT & HOW)
Sustainable housing technology SUSTAINABLE HOUSING (WHY, WHAT & HOW)
 
Commercial Passive House Case Studies
Commercial Passive House Case StudiesCommercial Passive House Case Studies
Commercial Passive House Case Studies
 
Gogreen
GogreenGogreen
Gogreen
 
Sustainable Small House - Ambient Energy for Buildings Workshop
Sustainable Small House - Ambient Energy for Buildings WorkshopSustainable Small House - Ambient Energy for Buildings Workshop
Sustainable Small House - Ambient Energy for Buildings Workshop
 
Retrofit Analysis and Recommendation Report
Retrofit Analysis and Recommendation ReportRetrofit Analysis and Recommendation Report
Retrofit Analysis and Recommendation Report
 
New England Aquarium: Greening Efforts
New England Aquarium: Greening EffortsNew England Aquarium: Greening Efforts
New England Aquarium: Greening Efforts
 
Common Interest Development.Preso.
Common Interest Development.Preso.Common Interest Development.Preso.
Common Interest Development.Preso.
 
RCD CDHO - EE in HOME Workshop
RCD CDHO - EE in HOME WorkshopRCD CDHO - EE in HOME Workshop
RCD CDHO - EE in HOME Workshop
 

Mehr von Housing Assistance Council

USDA resources for seniors and veterans housing
USDA resources for seniors and veterans housingUSDA resources for seniors and veterans housing
USDA resources for seniors and veterans housingHousing Assistance Council
 
USDA 515 and HUD preservation renewals for seniors
USDA 515 and HUD preservation renewals for seniorsUSDA 515 and HUD preservation renewals for seniors
USDA 515 and HUD preservation renewals for seniorsHousing Assistance Council
 
Home repair and maintenance for Native Americans
Home repair and maintenance for Native AmericansHome repair and maintenance for Native Americans
Home repair and maintenance for Native AmericansHousing Assistance Council
 
Demographics of seniors and veterans in rural areas
Demographics of seniors and veterans in rural areasDemographics of seniors and veterans in rural areas
Demographics of seniors and veterans in rural areasHousing Assistance Council
 
Community Action Network's senior and veteran housing
Community Action Network's senior and veteran housingCommunity Action Network's senior and veteran housing
Community Action Network's senior and veteran housingHousing Assistance Council
 
From Service to Shelter: Housing Veterans in Rural America
From Service to Shelter: Housing Veterans in Rural AmericaFrom Service to Shelter: Housing Veterans in Rural America
From Service to Shelter: Housing Veterans in Rural AmericaHousing Assistance Council
 
Serving Homeless Veterans in Rural America: HUD Resources
Serving Homeless Veterans in Rural America: HUD ResourcesServing Homeless Veterans in Rural America: HUD Resources
Serving Homeless Veterans in Rural America: HUD ResourcesHousing Assistance Council
 
Patriot Place - Eastern Eight Community Services
Patriot Place - Eastern Eight Community ServicesPatriot Place - Eastern Eight Community Services
Patriot Place - Eastern Eight Community ServicesHousing Assistance Council
 
HUD Senior and Veteran Housing Resources - Earl Redrick
HUD Senior and Veteran Housing Resources  - Earl RedrickHUD Senior and Veteran Housing Resources  - Earl Redrick
HUD Senior and Veteran Housing Resources - Earl RedrickHousing Assistance Council
 
Demographics of Senior and Veteran Housing in Rural America - Housing Assista...
Demographics of Senior and Veteran Housing in Rural America - Housing Assista...Demographics of Senior and Veteran Housing in Rural America - Housing Assista...
Demographics of Senior and Veteran Housing in Rural America - Housing Assista...Housing Assistance Council
 
Multifamily Housing Resources for Rural Veterans and Seniors - Jerry Floyd
Multifamily Housing Resources for Rural Veterans and Seniors - Jerry FloydMultifamily Housing Resources for Rural Veterans and Seniors - Jerry Floyd
Multifamily Housing Resources for Rural Veterans and Seniors - Jerry FloydHousing Assistance Council
 

Mehr von Housing Assistance Council (20)

Veterans and homelessness in rural areas
Veterans and homelessness in rural areasVeterans and homelessness in rural areas
Veterans and homelessness in rural areas
 
USDA resources for seniors and veterans housing
USDA resources for seniors and veterans housingUSDA resources for seniors and veterans housing
USDA resources for seniors and veterans housing
 
USDA 515 and HUD preservation renewals for seniors
USDA 515 and HUD preservation renewals for seniorsUSDA 515 and HUD preservation renewals for seniors
USDA 515 and HUD preservation renewals for seniors
 
Services for seniors at home
Services for seniors at homeServices for seniors at home
Services for seniors at home
 
Outreach program for veterans and seniors
Outreach program for veterans and seniorsOutreach program for veterans and seniors
Outreach program for veterans and seniors
 
Multifamily housing and services for veterans
Multifamily housing and services for veteransMultifamily housing and services for veterans
Multifamily housing and services for veterans
 
Home repair and maintenance for Native Americans
Home repair and maintenance for Native AmericansHome repair and maintenance for Native Americans
Home repair and maintenance for Native Americans
 
Demographics of seniors and veterans in rural areas
Demographics of seniors and veterans in rural areasDemographics of seniors and veterans in rural areas
Demographics of seniors and veterans in rural areas
 
Community Action Network's senior and veteran housing
Community Action Network's senior and veteran housingCommunity Action Network's senior and veteran housing
Community Action Network's senior and veteran housing
 
What is a CDFI and why do we need one
What is a CDFI and why do we need oneWhat is a CDFI and why do we need one
What is a CDFI and why do we need one
 
Serving Veterans in Rural America
Serving Veterans in Rural AmericaServing Veterans in Rural America
Serving Veterans in Rural America
 
From Service to Shelter: Housing Veterans in Rural America
From Service to Shelter: Housing Veterans in Rural AmericaFrom Service to Shelter: Housing Veterans in Rural America
From Service to Shelter: Housing Veterans in Rural America
 
Serving Homeless Veterans in Rural America: HUD Resources
Serving Homeless Veterans in Rural America: HUD ResourcesServing Homeless Veterans in Rural America: HUD Resources
Serving Homeless Veterans in Rural America: HUD Resources
 
Canal Street Veterans Housing
Canal Street Veterans HousingCanal Street Veterans Housing
Canal Street Veterans Housing
 
Patriot Place - Eastern Eight Community Services
Patriot Place - Eastern Eight Community ServicesPatriot Place - Eastern Eight Community Services
Patriot Place - Eastern Eight Community Services
 
Rural Veterans Housing - Retha Patton
Rural Veterans Housing - Retha PattonRural Veterans Housing - Retha Patton
Rural Veterans Housing - Retha Patton
 
Services for Seniors - Jane Erickson
Services for Seniors - Jane EricksonServices for Seniors - Jane Erickson
Services for Seniors - Jane Erickson
 
HUD Senior and Veteran Housing Resources - Earl Redrick
HUD Senior and Veteran Housing Resources  - Earl RedrickHUD Senior and Veteran Housing Resources  - Earl Redrick
HUD Senior and Veteran Housing Resources - Earl Redrick
 
Demographics of Senior and Veteran Housing in Rural America - Housing Assista...
Demographics of Senior and Veteran Housing in Rural America - Housing Assista...Demographics of Senior and Veteran Housing in Rural America - Housing Assista...
Demographics of Senior and Veteran Housing in Rural America - Housing Assista...
 
Multifamily Housing Resources for Rural Veterans and Seniors - Jerry Floyd
Multifamily Housing Resources for Rural Veterans and Seniors - Jerry FloydMultifamily Housing Resources for Rural Veterans and Seniors - Jerry Floyd
Multifamily Housing Resources for Rural Veterans and Seniors - Jerry Floyd
 

A6 preserving rural rental housing p pt - janaka casper

  • 1. HAC Rural Housing Conference Promises to Keep in Challenging Times Preserving Rental Housing in Challenging Times for Families The promise of green: and Seniors Sustainability and rural development – two case studies Janaka Casper, CEO Community Housing Partners redefining affordable housing
  • 2. CHP: Who we are Our mission To create affordable, green, sustainable housing opportunities and services for the people and communities we serve.
  • 3. CHP: Where we are Kentucky, West Virginia, Virginia, North Carolina, Florida Headquarters: Christiansburg, VA
  • 4. Why we build green Our values… •Economic Sustainability •Environmental Sustainability •Social Sustainability Our goals… To build and preserve Communities of Choice, where sustainable, high quality, affordable housing and programs contribute to individual success and community improvement.
  • 5. Benefits of building green For our residents • Safer, healthier living environments • Savings on their utility bills For our communities • Conserves valuable natural resources • Reduces environmental impact • Creates an attractive, quality product that provides affordable housing for the long-term For our organization • Reduces expenses • Improves marketability • Attracts funders and investors • Contributes to the success of CHP’s mission
  • 6. Case study: Rutledge Hills 2009 LIHTC project 48 family units Amherst County, VA
  • 7. Rutledge Hills green features Site: land re-graded to slope away from the buildings; improvement of existing gutters to discharge water 5 feet away from foundation; landscaping with native and drought tolerant plants. Resource Efficient Building Materials: 30 year warranty shingles; Energy Star low-e double paned windows; 14 SEER HVAC units with HSPF of 9.0. Cooling and heating equipment sized within 6,000 btu/h and 25,000 btu/h of Manual J. Heat traps and 2’ feet of pipe insulation at water heater Waste Management: 50% of construction waste recycled.
  • 8. Rutledge Hills green features, cont. Energy Efficient Lighting and Appliances: Automatic outdoor lights ; Energy Star-rated refrigerators and dishwashers, high efficiency (.92 electric) water heaters. Solar hot water heater in community building. Indoor Air Quality: kitchen ranges vented to the exterior; low VOC paints, sealers and adhesives; installation of Carpet and Rug Institute-certified low VOC carpet. Water Conservation: 1.6 gal/flush low flow toilets and 2.5 gal/min low flow shower heads installed.
  • 9. Rutledge Hills financing Tax Credit Equity: $2,026,613 VHDA-VHF: $540,000 RD: $1,404,769 HOME: $500,000 FHLBA-AHP: $245,000 Deferred Developer Fee: $114,625 NeighborWorks America: $384,000 Total Sources: $5,215,007 9
  • 10. Rutledge Hills: the cost of green Green/Sustainable Feature Est. Added Cost Air Sealing to reduce air infiltration by 20% $6,125 Low-e double paned windows to upgrade and replace single paned windows 9,250 Increase insulation from R-30 to R-38 6,500 Upgrade from 12- to 14-SEER HVAC units with HSPF of 9.0 48,000 Seal and insulate all attic access openings 2,800 Use 30-year versus 25 year roofing with installed roof drip edge 500 Install kitchen fans vented to outside 4,800 Low-flow 2.5 gal/min shower head upgrades 1,155 Low-flow 1.6 gal/flush toilets 16,685 High efficiency water heaters with heat traps 4,100 Outdoor lighting motion sensors to reduce unnecessary light trespass 6,000 Upgrade to Energy Star dishwashers and refrigerators 2,400 Down Spout Extensions to move discharge 5’ from foundation $ 1,000 Lead paint, asbestos and radon tested 740 Re-grade site to slope away from building (not usually done in a typical rehab) 11,400 Landscape Revisions to include native and drought tolerant plantings $7,000 Total Cost for Green Improvements $128,455
  • 11. A case study (in process): Laurel Woods 2012 LIHTC project 46 family units Pulaski County, VA
  • 12. Laurel Woods green features Site: Downspout and drainage repair with grading and area drains, native landscaping Resource Efficient Building Materials: EarthCraft certification includes new fiber cement and brick siding, EnergyStar windows and sliding glass doors, increased attic insulation, EnergyStar exhaust fans, high efficiency heat pump, new ductwork Waste Management: 75% recycling of cardboard, plastics, and metals; high appliance salvage rate
  • 13. Laurel Woods green features, cont. Energy Efficient Lighting and Appliances: EnergyStar refrigerators, hybrid water heaters, dishwashers, range hoods, lighting; high efficiency sight lighting Indoor Air Quality: air sealing, kitchen ranges vented to the exterior; low VOC paints, sealers and adhesives Water Conservation: WaterSense rated kitchen and bath faucets and showerheads
  • 14. Laurel Woods financing Tax Credit Equity: 2,595,798 RD: 1,338,388 HOME: 625,000 FHLBA-AHP: 230,000 Deferred Developer Fee: 284,505 Total Sources: 5,073,691
  • 15. What experience has taught us Sometimes, it’s a long road to a worthwhile destination
  • 16. community housing partners redefining affordable housing www.communityhousingpartners.org