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www.greencommunitiesonline. org

Bill Duncan – Enterprise Community Partners, Inc

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Page 1: Bill Duncan – Enterprise Community Partners, Inc

www.greencommunitiesonline.org

Page 2: Bill Duncan – Enterprise Community Partners, Inc

Our mission is to see that all low-income people in the United States have the opportunity for fit and affordable housing and to move up and out of poverty into the mainstream of American life.

Page 3: Bill Duncan – Enterprise Community Partners, Inc

Why Green Communities Now

Run down, unhealthy housing

Rising transportation and energy costs

Sprawling, unsustainable development

Page 4: Bill Duncan – Enterprise Community Partners, Inc

Air Pollution and Equity

30% of all emergency room visits are asthma related

Page 5: Bill Duncan – Enterprise Community Partners, Inc

Environmental Impacts of Transportation

30-40% of total US energy use

US has 4% of world population and uses 47% of world’s gasoline

Transportation can be the 2nd largest expense in a low-income household

Page 6: Bill Duncan – Enterprise Community Partners, Inc

Environmental Impact of Buildings

•Use 30-40% of total US energy•60-70% of electricity•35-40% of municipal solid waste•25-30% of wood and raw materials•25% of water use

Page 7: Bill Duncan – Enterprise Community Partners, Inc

Benefits of Green CommunitiesHealthier homes for individuals, children, and parents

Increased income and enhanced opportunities for low-income individuals and families

Sustainable, smart development

Page 8: Bill Duncan – Enterprise Community Partners, Inc

Indirect(Global)Forest

Protection

StemmingClimateChange

Direct & Indirect Benefit(Regional and Indiv/Org)

Direct Benefit(Individual/Org)

WasteManagement/RecycledMaterials

StormwaterRetention

Energy Savings

Improved Air Quality

Reduced Maintenance

Page 9: Bill Duncan – Enterprise Community Partners, Inc

Green Communities Framework1. Integrated Design Process

2. Location and Neighborhood Fabric

3. Site

4. Water Conservation

5. Energy Conservation

6. Materials and Resources

7. Healthy Living Environment

8. Operations and Management

Page 10: Bill Duncan – Enterprise Community Partners, Inc

National Partners

Natural Resource Defense Council

American Institute of Architects

the American Planning Association,

Bank of America

Blue Moon Fund

BP America

Citigroup Foundation

Fannie Mae

Freddie Mac

Global Green USA

The Home Depot Foundation

J.P. Morgan Chase

The Kresge Foundation

Merrill Lynch Community Development Company

M&T Bank

National Center for Healthy Housing

Surdna Foundation

Tides Foundation

Washington Mutual

Page 11: Bill Duncan – Enterprise Community Partners, Inc

GrantsUp to $5mm

Loans (EHFS)Up to $50mm

Equity (ESIC)Up to $500mm

Policy andCommunications

Low Cost LoansPredevelopmentSite Acquisition

Competitively Priced EquityConstruction / Rehab

AdvocacyResearch, EvaluationPublications, Symposia

Project PlanningTechnical Assistance, TrainingGreen Building Features

Community Developers and Home Builders

8,500 Green HomesRental, For Sale,

Community Facilities

Increased Use of Green PracticesLower Costs to Go GreenCompetitive Advantages

Healthier EnvironmentsLower Life Cycle CostsBetter Opportunities

Policy Makers, FundersOpinion Leaders

New CoalitionsNew Ways of ThinkingNew Sources of Support

Page 12: Bill Duncan – Enterprise Community Partners, Inc

Effecting Industry Change:

Housing Programs and PoliciesIntroducing Green Communities Criteria

RFQ/RFPs and NOFAs

LIHTC Qualified Allocation PlansA Greener Plan for Affordable Housing

Page 13: Bill Duncan – Enterprise Community Partners, Inc

Supporting Industry Change:

Place Based Training

Live Online Events

Technical Assistance Hotline404-391-5857

Page 14: Bill Duncan – Enterprise Community Partners, Inc

For Projects Seeking to go GreenMust commit to Best Effort to Incorporate Green CriteriaMust Identify a Qualified “Green” FacilitatorMust Show a Plan and Budget For Use of Funds

Up to $5,000

Details on www.greencommunitiesonline.org

Green Communities Charette Grants

Page 15: Bill Duncan – Enterprise Community Partners, Inc

Eligible Loan PropertiesRental or for-sale affordable housingLand, vacant buildings, and/or occupied propertyNew construction or rehab

Eligible Loan Uses - $50M over 5yearsPredevelopmentAcquisitionConstruction

Green Communities Loans

Page 16: Bill Duncan – Enterprise Community Partners, Inc

Financial Impact of LIHTC Equity$500 million of the $555 million available6,500 of the 8,500 homes

Raise the Bar for LIHTC MarketCorporate Investor “Goodwill”Prioritize Green

Package Financial IncentivesAggressively priced equity

Help Cover the Cost of Green

Green Communities Tax Credit Equity

Page 17: Bill Duncan – Enterprise Community Partners, Inc

Incentivizing Industry Change:

Grants - $5 M Green CharrettesSustainability Training Predevelopment and Construction

Loans - $50 MZero Percent Pre-development 5.5% Site Acquisition and Construction

LIHTC Equity

Page 18: Bill Duncan – Enterprise Community Partners, Inc

Incentivizing Industry Change: Year One

$179 million in financial support$1.9 M in grants awarded

$13 M in loans

$160 M in tax credit equity invested

4,300 green affordable homes

23 States plus DC

37 national, state and local partners

Page 19: Bill Duncan – Enterprise Community Partners, Inc

Sharing Industry Change:

Lessons LearnedProject Profiles Evaluation of Costs and Benefits

www.greencommunitiesonline.org

Page 20: Bill Duncan – Enterprise Community Partners, Inc

www.greencommunitiesonline.org