Using Solar Tax Credits & Green Financing to Produce Real Returns from Sustainability

7/19/17

QUEBEC CITY, July 19, 2017 (GLOBE NEWSWIRE) -- This week, real estate professionals are converging at Le Chateau Frontenac, Quebec City for the National Housing and Rehabilitation Association’s (NH&RA) Summer Institute to share knowledge, ideas, and techniques for underwriting and assessing housing tax credit market transactions. On July 19th at 1:45pm, Daniel Teague, Vice President of Business Development at WegoWise will lead a discussion on how to identify and deliver opportunities in green and sustainable housing. Teague’s panel will explore how operators of affordable and public housing use benchmarking to make the right building improvements, and take advantage of green financing and renewable energy tax credits to achieve additional savings.

While sustainability is often viewed as a cost with uncertain economic value, sustainability initiatives are now moving into the mainstream by lowering costs through PACE Financing, renewable tax credits, and green retrofits, as well as energy and water savings through benchmarking. Teague will share real examples from affordable housing, showcase best practices and help demonstrate innovative ways to fund retrofits and improvements.

Daniel Teague is Vice President of Business Development for WegoWise. He has overseen project development and management for WegoWise’s clients and partners since 2010, growing the size of WegoWise’s database to nearly 50,000 buildings. He has been quoted on the subject of water management in Multifamily Executive, the New York Real Estate Journal, and National Real Estate Investor.

About NH&RA

NH&RA is a professional association of affordable housing and multifamily owners, developers and professionals. The 2017 Summer Institute will enable attendees to demonstrate a better understanding of current housing tax credit legislative and regulatory settings, and engage in discussions about various legislation and regulations and how they impact housing development and finance. The Summer Institute fosters the sharing of knowledge, ideas and techniques for underwriting and assessing housing tax credit market transactions, as well as provides networking opportunities and access to NH&RA’s collection of educational products and resources.

About WegoWise

WegoWise is the real estate industry’s leading energy and water benchmarking, building analytics, and sustainability reporting company. The company transforms the way multifamily housing and commercial buildings are increasing operating income and asset value through benchmarking and building analytics. WegoWise’s software-as-a-service platform helps real estate managers achieve environmental, economic, and social sustainability with a payback in months. For additional information, visit www.wegowise.com.

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