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 Energy Efficiency 

 Issue Summary Overview
NAA/NMHC Issue Fact Sheet: Energy Policy
Energy consumption and energy policy are priority issues for the apartment sector. Apartment owners have a significant business interest in reducing the energy costs of operating apartment communities and ensuring that housing remains affordable for residents. As such, many apartment firms have voluntarily established energy efficiency and green building programs throughout their portfolios.

 Recent Issue News
New Energy Codes Could Add Thousands to Apartment Construction Costs, NAA/NMHC Research Shows
New energy codes could add thousands of dollars to construction costs of each apartment residence, according to new research commissioned by NAA/NMHC.
Credits/Exemptions - Federal Energy Efficiency Tax Incentives Guidance
Since 2005, Congress has provided several energy tax incentives of interest to multifamily firms. This guidance document details the three main incentives of interest and offers additional resources for firms.
NAA/NMHC Question New DOE Method for Analyzing Code Costs
NAA/NMHC have submitted comments to the Department of Energy questioning a proposed methodology for calculating the costs of new residential energy codes that were published in the Federal Register. (November 18, 2011)
NAA/NMHC Question Need for New Duplicative Rating System
NAA/NMHC have written to the Department of Energy questioning its proposed National Asset Rating Program for Commercial Buildings. (September 22, 2011)
Timing Concerns Raised for Plans for Asset Rating Program
Housing coalition asks Department of Energy to ensure stakeholders have full, fair opportunity to comment on proposed voluntary commercial building asset rating program. (July 16, 2011)
Energy Policy - NAA/NMHC Commend the Obama Administration for Its Focus on Energy Efficiency in Commercial Properties
NAA and NMHC released the following statement concerning the Better Buildings Initiative announced by President Obama today.
Energy Policy - Energy Efficiency Tax Incentives
In 2008, Congress attached energy efficiency tax incentives to the Emergency Economic Stabilization Act of 2008. This document details incentives of interest to apartment firms and offers resources for firms interested in taking advantage of incentives.
Energy Policy - The Green Resources for Energy Efficient Neighborhoods (GREEN) Act
Statement of record for a House Committee on Financial Services Subcommittee on Housing and Community Opportunity Hearing regarding H.R. 2336, The Green Resources for Energy Efficient Neighborhoods (GREEN) Act.
Energy Policy - Apartment-Related Provisions of Federal Energy Legislation
View NAA/NMHC's analysis of the energy bill working its way through Congress, updated on September 30, 2009.
Energy Policy - Draft Energy and Climate Change Legislation Would Affect Apartments
House leaders released draft legislation restricting the spending of any revenues generated by cap-and-trade programs if climate change is considered as part of the budget bill. The bill includes several provisions of interest to apartment firms.