Green Loans and Multifamily Renovation
These nationwide programs allow investors to finance renovations and building retrofits in multifamily apartments.
Fannie Mae Green Rewards
Fannie Mae offers multiple green lending programs that allow investors to re-position older apartments. Borrowers who finance energy-saving upgrades are rewarded with higher proceeds & lower rates.
Freddie Mac Green Advantage
Freddie’s Mac Green Advantage is unique in that it focuses on affordable rents. In order for properties to qualify, they must offer a certain percentage of units at rents deemed affordable at workforce housing levels.
Green Preservation Plus
Green Preservation Plus is a Fannie Mae program intended for affordable multifamily properties. Investors can update equipment with energy and water saving improvements.
Small Balance Multifamily
Small balance multifamily loans offer flexible financing options without third party reporting requirements and complex documentation. For smaller apartments with loans to $7.5 million.