1325 East 16th Ave, Denver, CO 80218

Group14 assists clients with various energy and green building financing programs.

FHA Green Mortgage Insurance Premium

New Construction
Existing Buildings

A HUD-insured multifamily rental property can secure a Mortgage Insurance Premium reduction of 25 bps (0.25%) for properties that commit to industry-recognized green building standards. Group14 provides the energy consulting and green certification services required by the program.

Things to know:

  • Many green certification systems will qualify your project for the program. The most cost effective of these is often the National Green Building Standard, but check with Group14 to see which system is right for you.
  • The project must achieve and maintain an ENERGY STAR® benchmarking score of 75 or higher as evidenced by a report from ENERGY STAR Portfolio Manager.

Learn about the FHA Green Mortgage Insurance Premium Program.

Colorado Commercial Property Assessed Clean Energy (C-PACE)

New Construction
Existing Buildings

C-PACE provides 100% financing of hard and soft costs for energy and water efficiency projects.  Group14 has provided technical assistance on over $5 million of existing and new construction C-PACE deals, including the first approved C-PACE transaction in the state. Key benefits include:

  • Cash flow positive projects from day one
  • No out-of-pocket costs or personal guarantees
  • Lower utility bills
  • Open-market financing
  • Financing obligation can be transferred upon sale of building asset and does not accelerate
  • Owner retains all tax incentives 

Learn about the Colorado Commercial Property Assessed Clean Energy (C-PACE) Program.

HUD Approved Self-performed Energy Performance Contracts (EPCs) and Subsidies

Existing Buildings

Group14 can assist portfolio owners with a self-implemented Energy Performance Contract (EPC).  An EPC is a flexible tool for financing large scale energy and water efficiency retrofits. With no ESCo involvement, transaction fees are typically less while owners retain more control over project design. This means more project dollars for capital needs, equipment replacement reserve, and resourced energy management.

HUD has a formal Self-Performance EPC program for Public Housing Authorities. Group14 is a national thought leader in this area, with more than $50 million in HUD approved self-performed EPCs.

Learn about the HUD Approved Self-performed Energy Performance Contracts (EPCs) and Subsidies Program.

Questions about Financing Programs?

Contact us to get the conversation started.

Contact Us

©2021 Group14 Engineering. All rights reserved.