BBC Multifamily Sector Eligibility, Commitment, and Incentives

Eligibility

Owners and managers of housing portfolios that include at least 2 multifamily buildings of 5 or more units are eligible to join the Better Buildings Challenge. Current BBC Multifamily Sector Partners include a diverse range of organizations. No preexisting relationship with HUD or DOE is required to join the BBC. However, organizations that are part of HUD's assisted and public housing programs may be eligible for certain incentives through those programs when joining the BBC. BBC Multifamily Sector Partners must pledge to improve the energy intensity of their entire multifamily housing portfolio by at least 20 percent within 10 years of commitment.


Partner Commitment

As a partner of the Better Buildings Challenge Multifamily Sector, you commit to:

  1. 1

    Pledge a portfolio-wide energy savings goal of at least 20% within 10 years.*

    BBC Multifamily Sector Partners must pledge to improve the energy intensity of their entire multifamily housing portfolio by at least 20 percent within 10 years of commitment. When pledging, partners must assign a senior executive and primary point of contact for the program. Within 1 month, partners must create their Partner Profile on the BBC website. Within 6 months, partners must develop an organization-wide plan for meeting their pledge.

    *Partners are strongly encouraged but not required to pledge a portfolio-wide water savings goal, as well.
  2. 2

    Take action by showcasing energy efficiency projects and implementation models.

    BBC Multifamily Sector Partners take action by announcing an initial Showcase Project (e.g., green retrofit, retro-commission) within 6 months and initiating the project within 12 months. Within 6 months, partners must also announce the development of one or more energy-efficient Implementation Models (organization-wide policy or operational changes). The partner must publish at least 1 Showcase Project case study and 1 Implementation Model case study during the program but are encouraged to contribute more to the BBC Solutions Center.
  3. 3

    Report results by sharing energy performance data that demonstrates success.

    BBC Multifamily Sector Partners commit to share information on their progress towards their goal. Within 12 months, the partner must make portfolio-wide, property-level energy performance information available and track progress thereafter on an annual basis until the goal is reached. This data sharing is a simple type of utility benchmarking and culminates in the partner publishing a Data Display on their Partner Profile each year.

Download the DOE/HUD Multifamily Sector Partnership Agreement


Incentives


Account Management

Each Multifamily Sector Partner is supported by a BBC Account Manager, who acts as a liaison for the program. Account Managers keep partners informed about events, trainings, resources, and tools that can help partners meet their goals, as well as the latest news about the Better Buildings Challenge and the annual Better Buildings Summit. Account Managers also help partners develop their Partner Profiles, Showcase Projects, Implementation Models, and Data Displays and keep them informed about deadlines.


Technical Assistance

HUD offers direct technical assistance to Multifamily Sector Partners to help them meet their energy/water commitments under the Better Buildings Challenge. By requesting this service, partners can gain support from experts in architecture, engineering, construction, and finance to overcome specific obstacles that they are facing. In the past, technical assistance has been used to conduct diagnostic building assessments, help structure power purchase agreements, design green O&M protocols, initiative utility benchmarking practices, and to assist with portfolio planning, energy management, and much more.

Find more information on HUD's free Technical Assistance


Press Attention

On an on-going basis, HUD and DOE recognize partner success for achieving program milestones and energy/water-efficiency results. Through articles, blogs, tweets, and events, HUD and DOE highlight the leadership of Multifamily Sector Partners and showcase innovative approaches to improving building performance.


HUD Program Incentives

BBC Multifamily Sector Partners that own and manage HUD Assisted, Insured, and/or Public Housing, are eligible for certain incentives under those programs. Within Public Housing, BBC Partners receive expedited processing of Energy Performance Contract applications. Within Assisted Housing and Insured Housing, several program incentives may apply. Please refer to the following policy memos and contact your Account Manager for further information.


Multifamily Better Buildings Challenge Incentive (12/3/2013)

Management Add-on Fees (4/24/2014)

Management Add-on Fees REVISION (9/19/2014)

Mark to Market (6/12/2014)

Reserve for Replacement (6/12/2014)


Utility Savings

Of course, one of the most compelling reasons that Multifamily Sector Partners join the BBC is to achieve significant utility cost savings within their portfolios. Multifamily Sector Partners, as a group, are on track to save billions of dollars over the next decade through energy- and water-efficiency work that generates high returns on investment.


Social and Environmental Benefits

BBC Multifamily Sector Partners are motivated by many factors, and energy- and water-efficiency work creates many impacts. As partners achieve their BBC goals, they promote tenant health, comfort, and satisfaction, they create thousands of jobs, they preserve affordable housing, they promote energy independence, and they combat climate change.