- Created: Tuesday, 09 August 2016 06:22
- Written by Sarah Berke
Faced with rising operational costs in Minnesota and nationwide, it’s becoming more and more challenging to keep affordable housing affordable. A new joint program from Xcel Energy and CenterPoint Energy aims to subtract some of those expenses through energy-efficiency upgrades — with little sweat for the property owner and potential savings for tenants.
With building technology changing fast, many apartments built just 10 or 15 years ago don’t incorporate today’s leading approaches to reducing electric and gas usage. But affordable housing owners often lack access to expert analysis and data about the value of potential energy-efficiency technology, and without new funding for capital improvements, it can be difficult for affordable housing owners to make the decision to invest.
The Minnesota Multifamily Affordable Housing Energy Network (MMAHEN) is working to change that.