NC Housing Finance Agency Energy Efficiency and Affordable

NC Housing Finance Agency, Energy Efficiency, and Affordable Housing Partnerships www. nchfa. com 1

Our Mission To create affordable housing opportunities for North Carolinians whose needs are not met by the market. www. nchfa. com

Income Targeting Supportive Apartments Urgent Repair Single Family Rehab Apartments with Rent. . . Apartments with State Credits Affordable Apartments SHLP Habitat Mortgages Second/Gap Mortgages Downpayment Assistance First Mortgages 0% 50% 100% www. nchfa. com 3 150%

Partnership with Habitat for Humanity 250 200 150 278 273 300 244 230 192 241 175 241 230 220 185 183 143 Habitat Homes System. Vision 100 50 0 2009 2010 2011 2012 2013 2014 2015 www. nchfa. com 4

System. Vision Energy Efficiency Partnership with Advanced Energy www. nchfa. com

Loans & Assistance Nonprofit & Local Government Partners • Homebuyers & Homeowners Builders Training NCHFA • Federal & State Funding Advanced Energy • Energy Raters Energy Guarantee www. nchfa. com

System. Vision. org 2 Year Energy Guarantee Designed to maximize dollars spent to improve the efficiency, durability, health, and comfort in affordable housing Over 4, 559 homes in NC Free Trainings Are Available www. nchfa. com 7

Verified Savings • Research conducted found that SV homes achieved the following savings: – 15 percent more energy efficient than code-built homes – 30 percent more efficient in heating and cooling than code-built homes. www. nchfa. com

Advanced Energy’s Role • Program Standards – – • • • Climate zone focused (zones 3, 4, &5) Humidity! Based on 12+ years feedback IECC – keeping ahead of next cycle 3 Insulation & Window Ventilation & Moisture Air Tightness 2 1 Process (e. g. , plan reviews, energy modeling, load reviews, 2 -3 inspections per house) Builder/contractor training Ongoing technical support 7 Combustion Third-party inspections Safety Resi. Speak – Utlity Data Tracking 6 Lighting & Energy Guarantee Appliances 4 Mechanical Equipment 5 Pressure Balancing www. nchfa. com

AE - Working with Builders • Contractor training • Plan review • HVAC load calculation review • Energy modeling • Field Inspections • Ongoing technical support • Energy data collection www. nchfa. com

System. Vision for New Homes • System. Vision New Funding Tiers: – Insulated Slab Construction: up to $3, 500 – Sealed Crawlspaces: up to $4, 500 – Fully Standard based www. nchfa. com 11

System. Vision for New Homes • Builder submits plans to Advanced Energy for review/feedback • Inspection #1: Framing/Insulation • Inspection #2: Test out • Unit must = or > standard • Resi. Speak Utility Tracking • Incentivized at closing www. nchfa. com 12

System. Vision for Existing Homes • System. Vision Existing Funding Tiers: – System replacement & SV-Existing: up to $6, 000 – Just basic SV-Existing: up to $5, 000 – Nonprofits/Local Governments may be performing SV-E audit/scope of work, or may contract it out. – Common Sense approach + evaluation + standard www. nchfa. com 13

System. Vision for Existing Homes • Competent Person performs initial audit + house characterization (HPw. ES) + SV for Existing Homes Standards • Scope of work is developed, supplied to, and reviewed by Advanced Energy • Retrofit work is performed • Unit is tested out and work is reviewed. Home is certified. • NCHFA incentivizes at closing for new low income borrower. www. nchfa. com 14

What funds System. Vision? • Typically HOME funding = HUD • Literally an encyclopedia of regulations • Works decently well with homebuyer assistance or comprehensive rehabilitation www. nchfa. com 15

Keys to Success: Program Design • Partnership & Patience • Collaboration/Stakeholder Engagement • Program Standards • Quality Processes • Training • Feedback Loops • Homebuyer/Homeowner Education & Support www. nchfa. com

• • Broad Applications Single-Family Multifamily Rental/Owned New Construction Rehab Urgent Repair Supportive Housing Where do we go from here? Utility funding? Clean Air Act? On bill? Use data from SV for Market program www. nchfa. com

Habitat for Humanity, Pittsboro www. nchfa. com

Thank you • Josh Burton – NCHFA – jdburton@nchfa. com • Maria Mauceri – Advanced Energy – mmauceri@advancedenergy. org www. nchfa. com 19

Notes • • • - What our organization does - 3 -5 slides - Not more than 12 slides - 110 registered - Recommendations into the future - Funding source issues - Collaborative nature of programs - Building science element - Taxi to hotel www. nchfa. com 20