Why Renew?

Multi-family building owners understand the multiple economic and operating benefits that can be achieved through energy and water retrofits. But all too often, their operations staff have neither the time nor expertise needed to effectively implement complex efficiency measures. And nonprofit building owners that serve low- and moderate-income communities rarely have access to necessary working capital or project financing for retrofits.

Photo courtesy Michael B. Maine

RENEW Multi-Family meets these needs as a one-stop resource providing end-to-end technical support, including tracking energy and water usage, planning and implementing cost-saving measures, integrating utility incentives and facilitating appropriate financing for retrofit projects.

The RENEW Multi-Family team works directly with building owners to achieve fully transparent and accountable results from building performance upgrades. We are an owner’s advocate, not an Energy Services Company or a lender. RENEW Multi-Family facilitates the best solutions using all available technologies and financing tools.


ChallengesRENEW Solutions

Time

Property managers often lack the time and expertise to assess and implement building energy and water performance upgrades.

Green Building Coach

RENEW experts work as the owner’s representative throughout the retrofit process, ensuring optimal energy, water and cost savings with transparent and accountable financing

Knowledge

Building sustainability measures can be complex and require extensive technicalskills and in-depth knowledge of utility incentives and financing options. Comprehensive expertise and project management yield better operating savings and overall financial performance.

Sustainability Experts

RENEW is focused on bringing the multi-family sector the most up-to-date building systems technology for sustainability upgrades. RENEW staff continually monitor and develop best practices for this market segment.

Money

The need for upfront cash is a barrier to implementing sustainability upgrades for owners with restricted cash flow and operating reserves. These capital constraints prevent owners, particularly nonprofits, from investing in energy and water upgrades.

East to Use, Low-Cost Financing

RENEW facilitates committed and mission-aligned financing from philanthropic, government and impact investors to provide attractive and functional financing options for retrofit projects, including lines of credit and unsecured construction and permanent loans, energy savings agreements and leases that can be repaid through utility bills

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