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reaventures

Under Construction | Rehabilitations of USDA Multifamily Homes

Efficient Solutions for Existing Homes Case Study (April 2016).

Rea Ventures Group, LLC, partnered with Southface Energy Institute (Southface), a member of the U.S. Department of Energy’s Partnership for Home Innovation Building America research team, to develop a prescriptive approach for rehabilitating a portfolio of rural multifamily rental properties in Georgia, which was funded by the U.S. Department of Agriculture (USDA). Scopes of work for these projects were initially developed and funded based on capital needs assessments performed by a third party to satisfy Low-Income Housing Tax Credit protocol, which did not specifically include considering energy efficiency. Rea Ventures rehabilitated 14 properties consisting of 418 units; they used a quick-turnaround process that allowed the residents to remain in their homes during the work.

Click here to read the full case study…