Housing Affordability Institute’s Post

New homes in the United States are 47% more efficent than in 2006. Our aging housing stock? As a whole, 82% of all housing in the U.S. is 30% less effiecent than homes built in 2006. You can read more in the lastest white paper form Housing Affordability Institute. #housing #housingpolicy #homebuilding

New paper published with John Curtis and Muireann Lynch on residential renovation! Take a look at how perceptions about home disruption might influence the decision to undertake renovation and internal energy efficiency works https://lnkd.in/dcSH4Z2F

The new 7-star minimum for energy efficiency is coming into effect soon! While this change does require extra initial up-front costs to building a new home, there are long-term benefits and savings to be made - especially with increasing living costs. Read our blog on The Chalk 👉 https://buff.ly/3MDR7dS to find out more about how these changes will bring a positive effect into new-build homes.

The latest energy efficient statistics for new homes have been published by Home Builders Federation inline with the Government's latest Energy Performance Certificate (EPC) figures. To support reaching net-zero targets, delivering energy-efficient homes and adapting the way new homes are built is crucial 🏡 Swipe to take a look at the most up to date figures 👉 #CameronHomes #EnergyEfficient #NewBuild #NewHomes #EnergySaving 

The Future Homes Standard, which requires a 75% reduction in UK home carbon emissions by 2025, is just around the corner 🍃🏡 With the net zero by 2050 goals on the horizon, the industry must continue to accelerate its efforts to meet these ambitious targets... However, almost half (49%) of housebuilders we surveyed late last year said their business is unprepared for the Future Homes Standard and won't be ready within the next 18 months. To learn more about what the Future Homes Standard means for housebuilders, you can check out this blog over on our Future Homes Hub 👇 #FutureHomesStandard

Did you know that real estate developers and building owners in US can access federal infrastructure funding for #decarbonization efforts? 🧐 📈 Here’s how: ➡ The #IRA: According to McKinsey & Company, the Inflation Reduction Act (IRA) has earmarked around $394 billion over a decade for the clean energy transition. More than 50% of the funds are either directly or indirectly allocated for building decarbonization. Combined with state and local support, IRA funding for building decarbonization investments, including rebates, grants, and tax incentives, will significantly improve developers' and owners’ ability to achieve profitable results. ➡ The EPA's Greenhouse Gas Reduction Fund (GHGR), with $27 billion in trickle-down funding from the IRA, provides low-cost loans for carbon reduction projects in affordable multifamily housing, along with community grants for green upgrades. ➡ US Department of Energy's IRA-funded Home Energy Rebate Programs provide rebates to multifamily developers for installing high-efficiency HVACs and appliances, with special incentives for affordable housing. According to EPA, and Urban Land Institute's Net Zero for All report, developers and owners who seize this opportunity to decarbonize also reap the following benefits: 💲Decarbonization efforts yield 20-40% reductions in energy consumption and 6-9% cost savings. 💲Energy-efficient buildings, attract and retain more tenants, boosting occupancy rates by up to 7%. 💲Highly efficient buildings command rental premiums of 3.5% and sale premiums of around 13%. Are you a real estate developer or building owner interested in qualifying for federal incentives or better understanding the benefits of building decarbonization? We can help! Share your questions in the comments below. #BuildCircular #SustainableConstruction #RealEstateDevelopment #FederalFunding

Shaping Scotland's path to net zero: With significant regulatory changes on the horizon, landowners looking to develop residential projects face a new set of challenges. From April 2024, new homes in Scotland will no longer be fitted with gas or oil boilers, making heat networks an increasingly important solution for low-carbon heating. In this insightful thought leadership piece, Cameron Mathieson, from our Land & Rural Team, explores the opportunities and complexities of implementing heat networks. Whether you're planning to build-to-let or sell, understanding the legal and practical considerations of heat networks—from energy centre locations to infrastructure management—is crucial for forward-thinking development. You can read the full article to learn how early planning can help future-proof your projects here: https://lnkd.in/eG9xCqyv   And you can find out more about the work of Scottish Land & Estates and how they support the rural sector here: https://lnkd.in/d3QhsAqm #NetZeroScotland #HeatNetworks #LandDevelopment #Sustainability #ThorntonsLaw #ThoughtLeadership #Landowners #ResidentialDevelopment #SLE #ScottishLandandEstates #HelpingRuralScotlandThrive

Building Performance Standards require some existing large and midsized commercial and residential buildings—including multifamily housing—to lower their energy use intensity, GHG emissions intensity, or both. A new report released by The American Council for an Energy-Efficient Economy (ACEEE) outlines the unique challenges affordable housing faces with BPS compliance, such as the lack of upfront capital for energy efficiency improvements, technical expertise to complete upgrades, and the need to sometimes complete health and safety upgrades to properties before energy efficiency upgrades can take place. There's a clear need for building owners and operators to take action to reduce their energy use and emissions, but these challenges can be major roadblocks to efficiency. https://lnkd.in/gqtBgqks #buildingefficiency #buildingperformancestandards #GHGemissions

Take a look at our #energyready tool to see how you can #decarbonise homes as Rachel Eggington (née Gill) explains below #energyefficiency #netzero

💷 Now that’s something to dance around the kitchen about – saving money on your monthly bills! 💷 New build homes are typically recognised for their enhanced energy efficiency and superior insulation, leading to a reduced carbon footprint and a more significant positive impact on the environment 🌳 But what’s more, as a benefit to you, according to a recent report from the House Builders Federation (HBF), energy expenses for new home are, on average, 55% less than those for older properties. (saving households on average £135 on monthly running costs) 💷 Source: https://buff.ly/3uzPnfz