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Multifamily Quarterly

Your 2-minute guide to multifamily industry news & events
Southern Energy's 2018 Impacts
2018 was another great year to be a B Corp working to improve how homes and businesses make and use energy! We love leading the change and seeing the impact that our work has for the environment and for our customers. These numbers are a snapshot of the ongoing effect that solar and energy efficiency will have for individuals and communities for decades to come. As we turn the corner into 2019, here's a look back at everything Southern Energy Management accomplished in 2018!
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Multifamily Industry Updates

Updates to Multifamily Green Lending Requirements

Green multifamily loans provide monetary incentives and discounts on interest rates for developers (borrowers) to build high performing buildings that use significantly less energy than a code-built structure would. Many of you may already be aware of the green-building financing incentives that are approved by the Federal Housing Finance Agency and are offered by Fannie Mae and Freddie Mac. However, you may not be aware of the changes to these programs in 2019. We've highlighted the big changes for you here to make sure your high performance multifamily property is as green and cost-effective as possible! 
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March 14 Virginia LIHTC Deadline

Virginia is expanding the list of eligible green building programs in the 2019 Qualified Allocation Plan (QAP) of Low-Income Housing Tax Credits (LIHTC). On top of being required to meet Energy Star 3.0 standards, new construction projects will have the option to gain valuable points for NGBS Silver (or above), LEED, EarthCraft Gold, or Enterprise Communities certification.

So why bother with going green? Energy consumption can play an important part in budgets for cost-burdened tenants. One study found that multifamily affordable and workforce housing could cut electricity usage by up to 26 percent by improving energy efficiency in buildings.

If you are a developer planning a LIHTC application in Virginia, we'd love to talk about your green building options to find the right fit for you. Mar 14th is coming up soon, we're here for you!

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Upcoming Events

International Builder Show

Feb 19-21  Las Vegas, NV

We’d love to see you at IBS! Don't miss the Thur Feb 21, 9:45 am breakout education event, 'Making Renters & Developers Green with Envy' where you can learn more about the overall value, including financial, that green certification offers. Featuring SEM's Laurie Colwander.


Feb 26-28  New Orleans, LA

Meet the MES Team
In this new year, we want to introduce you to some NEW team members. We grew our MES team by quite a bit in 2018, meaning we can provide you with more and better services! Here's a fun look at the new team members:
Benoit Rivard
Multifamily Project

"I wear many hats, from sales/marketing to project management to helping out with field inspections." - Benoit

"You can have all the money in the world, but there's one thing you'll never have...a dinosaur." - Homer Simpson

Why do you love working with MES at SEM?
It's a small team and everyone is great at helping each other out. We punch above our weight.

Worst pronunciation of your name you've heard?
The most common worst one is "Ben-oyt", and I've had people think my name is Ben Wa.

What do you like to do on weekends?
My 1-year-old girl, Lucie, keeps me on my toes most of the weekends. Also DIY stuff around the house, going on hikes with the dogs, playing hockey/soccer/golf.

What's your guilty pleasure TV show?
The Simpsons. I quote that show way too much.

Weirdest food you like to eat?
Poutine, like a true French Canadian!

Random fact you like to share at parties?
Ryan Gosling is from my hometown.

Why do you love working with MES at SEM?
We have a great team that communicates well and we're making a difference on the carbon footprint of many tenants.

Most miles you've driven in a week?
1681 miles

Weirdest food you like to eat?

Random fact you like to share at parties?
My family moved to Anchorage, Alaska for 3 years when I was 2.

What do you like to do on weekends?
Gardening and hiking

What's your guilty pleasure TV show?
Planet Earth

Jordan Reitmeier​
Multifamily Remote Field Technician

"I am responsible for most of the testing and inspections, as well as scheduling further inspections." -Jordan

"Unless someone like you cares a whole awful lot, nothing is going to get better. It's not."
-The Lorax
We're Here to Help
Are you able to market your multifamily property above the competition?  Give me a call to discuss a program that meets your vision and goals.

Laurie Colwander
As a Certified B Corp, we believe companies should make more than just money; they should make a difference. That’s why we’re passionate about helping multifamily project teams market and sell high quality, sustainable communities, and buildings. With over 17 years of experience, we have the expertise and proven process to make green building consulting and verification easy.
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Southern Energy Management
5908 Triangle Drive
Raleigh, NC 27617

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