Green Preservation Plus - Affordable Multifamily
Green Preservation Plus is a Fannie Mae Green Loan designed specifically for Affordable Multifamily properties. With this program, investors can finance energy-efficient upgrades to their multifamily affordable housing properties and proceeds can be used for a variety of upgrades, including insulation, windows, lighting, and HVAC systems.
The Green Preservation Plus loan offers a number of benefits:
- Lower interest rates: Borrowers can qualify for lower interest rates than traditional loans, which can save you money over the life of the loan.
- Tax credits: You may be eligible for tax credits for making energy-efficient upgrades to your property.
- Mortgage insurance premium waivers: You may be eligible for mortgage insurance premium waivers, which can save you money each month.
- Energy efficiency upgrades: Modern retrofits can reduce your property’s operating costs and save you money in the long run.
- Reduced environmental impact: Green upgrades will reduce your property’s environmental impact, which can benefit the community and the planet.
Small balance multifamily loans offer Investors a flexible financing option without third party reporting requirements and complex documentation.
Requirements: Green Preservation Plus
Our team of professionals will guide you throughout the Green Loan process. We work closely with every borrower, consultant, and lender to ensure the lending process is smooth and hassle-free.
To start the process, click here.