NEW YORK CITY, NY — The Community Preservation Corporation (CPC), a nonprofit multifamily housing finance company, in partnership with Bright Power Inc., has launched an interactive, online software application that calculates the potential cost savings of energy-efficient upgrades to multifamily buildings. With the free CPC VeriFi tool, building owners only need to enter basic information about their properties to generate an estimate of the economic benefits of incorporating energy and water efficiency features based on a sample scope of work. Along with the estimate, owners will also see a range of additional loan proceeds that could be used to finance the scope of work.
“CPC VeriFi gives multifamily owners a quick and easy calculation of potential cost savings from different sustainability upgrades based on real data from comparable buildings,” said Sadie McKeown, executive vice president & COO at CPC. “From savings for owners and better affordability for tenants, to greener and cleaner communities, the benefits of sustainable, high-performance buildings are well documented. Our goal is to put this information in the hands of building owners so they can see the benefits of energy-efficient upgrades and take part in creating more sustainable and affordable communities.”