New Hampshire Housing Approves Financing for Three Major Projects Through Greener Homes Program

New Hampshire Housing Finance Authority’s Board of Directors committed to financing major energy-efficiency improvement projects in three New Hampshire communities at their recent board meeting. The projects will be financed through New Hampshire Housing’s Greener Homes Program.

The Greener Homes Program is supported by a $2 million grant, funded by the New Hampshire Public Utilities Commission’s Regional Greenhouse Gas Initiative (RGGI), along with $2 million in matching funds from New Hampshire Housing and $3 million in weatherization funds that were committed by the state’s Office of Energy and Planning.

New Hampshire Housing’s Greener Homes Program focuses on energy innovations and energy retrofits for affordable multi-family rental housing; much of the work will be completed by New Hampshire-based contractors. To qualify for funding through the Greener Homes Program, housing developments must achieve a minimum of a 15% reduction in energy costs, based on findings from an independent energy audit.

The projects are:

•Cedar House, a 30-unit, three-story brick structure in Manchester that originally belonged to the Catholic Archdiocese, but was converted to affordable senior housing in 1983. In addition to boiler replacement and insulation upgrades, a significant portion of the energy efficiency retrofit will focus on indoor air quality and heat recovery provided by a newly-engineered ventilation system – the total retrofit is projected to reduce energy consumption at Cedar House by 36 percent.

•Lakeport Village, a 75-unit senior housing project in Laconia comprising a seven-story, 70-unit high-rise and a smaller wood-frame building with five units. The energy-efficiency upgrades at Lakeport Village will include replacement of the existing boilers and domestic hot water systems in both buildings as well as aggressive air-sealing measures and replacement of inefficient light fixtures and ventilating fans. Total energy savings for this project are estimated to be 20 percent, after retrofit.

•Pine Manor, in Bethlehem, comprises two nearly-identical Queen Anne-style Victorian homes, each with three large family units. Originally constructed in the 1890s, the buildings were converted to multi-family rentals in 1996. Energy-efficiency upgrades through the Greener Homes Program will include air sealing and insulation in crawl spaces, on basement walls, and on heating pipes and in basements of both buildings. Energy saving from these measures is estimated to be 37 percent.

Under the Greener Homes Program, New Hampshire Housing has partnered with several agencies statewide to conduct comprehensive energy audits and to complete energy efficiency improvements on nearly 800 low-income rental units during the grant’s two-year period.

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