Fannie Mae to offer lower interest rates to green-certified multifamily properties

Multifamily projects that pass a green certification will be granted a 10-basis-point reduction 

By Peter Fabris, Contributor | March 23, 2015

Mortgage issuer Fannie Mae says it will offer lower interest rates to green-certified multifamily properties. Fannie Mae, the top provider of multifamily financing in U.S., will grant a 10-basis-point reduction in the interest rate of the refinance, acquisition, or supplemental loans of multifamily properties that are LEED certified or obtain another green certification. These loans will be securitized as a Green MBS and will increase the amount of Green Bonds for socially responsible investors to include in their portfolios.

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PB-Codes + Standards,PB-Green Projects,PB-Multi-Family,PB-Housing Zone
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