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Green Affordable Housing Partner Summaries Below are descriptions of some of the activities of the Trust's green affordable housing partners, as explained by representatives from each organization. For a complete list of partners and activities, visit the Green Affordable Housing webpage. Boston Community Capital The program aggregates investments in a range of properties and is designed to eliminate the need for affordable housing owners to raise up-front capital or take on additional debt—a major barrier for most existing affordable housing projects. BCC has selected seven affordable rental housing projects for its preliminary PV funding commitments. Those projects are located across Massachusetts and include over 1,100 units of low and moderate-income housing. BCC and MHP have an additional 20 properties that they are working with for conservation, solar hot water, and energy efficiency investments. BCC expects to finalize its project selection process by year end, complete detailed engineering and energy audit studies in early 2008 and begin installing the renewable energy systems during the spring of 2008. Cape Light Compact The Jenney Way Homes in Edgartown is one of the first projects the Compact is working with. With the expertise of the development team of South Mountain Company and the Island Affordable Housing Fund, the four affordable units on this property will likely reach the LEED for Homes Platinum rating, the highest of green building and energy efficiency. These homes also each have 1.52 kW photovoltaic systems to help defray electricity costs for the homeowners. Gull’s Nest Condominiums in Provincetown is a collaborative effort of a developer (Anathan Benson LLC) and builder (Kevin Bazarian) that are new to the affordable and green building markets. Using the shell of a dilapidated motel, they have constructed twelve beautiful condominiums in close proximity to the town center and that feature a 17.5 kW photovoltaic system that covers the entire roof. City of Boston Department of Neighborhood Development DND is well positioned to wisely use further MTC funding to promote renewable energy and green building in its affordable housing inventory. Based on the number of applications in the April 2007 funding RFP round, there is strong developer appetite to include renewable energy in development plans. Furthermore, DND has ramped up its Green Program, explaining technical MTC matters and requirements to developers. There exists a developer appetitie for renewable energy, and a development communicate that has been educated on how to incorporate renewable energy. HAP HAP and its educational partner RDI have created a comprehensive education program which has held three trainings with 90 attendees comprised of architects, builders, affordable housing developers, building inspectors and health officials. The training sessions have focused on increasing building energy performance, decreasing water use, and moisture control. Mass Housing With MTC’s four-year commitment of $8.5 million, MassHousing anticipates bringing renewable energy installations to more than 15 multifamily developments. The program will demonstrate to nearly 1000 households the benefits of clean, renewable energy from the sun or wind. All projects have common area electric costs that will be reduced by the electricity generated on site. By lowering operating costs, these projects will be able to invest in other measures to benefit the tenants and the developments. Our first completed installation at Trolley Square in Cambridge was a winner in the national Home Depot Foundation’s Awards for Excellence for Affordable Housing Built Responsibly. The 40 unit 100% affordable development emphasized healthy and energy efficient measures and topped off the project with a 44 kW solar installation, including a few of the solar panels on the street-front façade to demonstrate to the busy neighborhood the development’s solar capabilities. In Salem a hilltop elderly housing development is using a feasibility grant to investigate the potential for a large wind turbine installation. We believe that Mass Housing’s unique position in the affordable housing financing pipeline positions us to continue to be able to deliver similar numbers of green renewable affordable housing developments if allocated additional MTC funding.
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