Multi-family Housing Gets Energy Efficiency Boost With Expansion of Better Buildings Challenge
CHP Named as Inaugural Partner by DOE and HUD
Christiansburg, Va. –The U.S. Department of Energy (DOE) and the U.S. Department of Housing and Urban Development (HUD) announced Tuesday the expansion of the President’s Better Buildings Challenge to include multi-family housing and named Community Housing Partners (CHP) a Better Buildings Challenge Partner.
In response to President Obama’s recent call in his Climate Action Plan for leading multi-family housing owners to join the Better Buildings Challenge, CHP has committed to reduce energy usage across its portfolio by 20 percent by 2020. Based in Christiansburg, Virginia, CHP owns 5,600 units of multi-family housing in Virginia, Kentucky, North Carolina, and Florida.
“We are approaching our fourth decade at CHP of creating healthier, safer, more energy efficient homes,” said Janaka Casper, CHP’s President and CEO. “The Better Buildings Challenge is perfectly aligned with our commitment to create sustainable housing that promotes neighborhood vitality, cultivates financial stability among individuals, and contributes to a better environment for future generations.”
CHP joins 49 other energy-conscious multi-family property owners across the nation as Better Buildings Challenge Partners, who together represent roughly 200,000 housing units and over 190 million square feet.
“By committing to the energy efficiency goals of the Better Buildings Challenge, CHP has taken a significant step towards reducing long-term energy costs, supporting innovative technologies, and creating good jobs,” said HUD Secretary Shaun Donovan. “Working together, we will increase housing affordability for owners and residents and foster healthier communities and neighborhoods.”
Added Deputy Secretary of Energy Daniel Poneman, “Partners in the Better Buildings Challenge are leading by example, demonstrating their commitment to providing more efficient and comfortable homes for their tenants that save money and energy. We applaud these Partners for joining in this leadership initiative and we look forward to working with them as they make their communities more energy efficient and foster greater economic growth.”
About the Better Buildings Challenge
Launched in December of 2011 by President Obama, the Better Buildings Initiative takes a broad multi-strategy approach to accelerate energy savings through leadership, innovation, partnerships and demonstrated best practices. The Better Buildings Challenge is the central leadership initiative through which organizations of all types—local and state governments, schools, business, and manufacturers—commit to portfolio-wide energy savings goals and to share successful strategies that help achieve these goals and overcome financial and technical barriers in the marketplace. Utilities and financial firms also commit to focus resources on building improvements.
As part of the Better Buildings Challenge, DOE and the HUD are partnering with leading private and affordable buildings owners and public housing agencies to cut energy waste and help families save money. Statistics show that about a quarter of U.S. households live in multi-family housing units and spend about $40 billion on energy costs each year. Making these housing units 20 percent more energy efficient would save more than $7 billion per year and cut greenhouse gas emissions by 430 million tons.
Better Building Challenge multi-family Partners are leaders in market rate multi-family housing, public housing authorities, and affordable housing. Visit http://www.eere.energy.gov/challenge for more information on the organizations participating in the Better Buildings Challenge for multi-family housing and a detailed description of their commitments.
About Community Housing Partners
Community Housing Partners (CHP) is a 501(c)(3) community development corporation established in 1975 to serve the needs of low-income and low-wealth individuals in the Southeast. Our mission is to create affordable, green, sustainable housing opportunities and services for the people and communities we serve. CHP's activities include real estate development, architectural design, construction, energy contracting and training, asset management, property management, realty and homeownership, and comprehensive resident services. We are a chartered member of NeighborWorks America, and a member of both the Housing Partnership Network and the Federation of Appalachian Housing Enterprises (FAHE). To learn more about CHP, visit www.communityhousingpartners.org.