The Many Ways Sustainability Can Improve Your Multifamily Community’s Bottom Line Results

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As the world begins to emerge from mandated lockdowns, many of us have developed a different perspective concerning humankind’s impact on the environment. Even though Harvard University has asserted that there isn’t direct evidence to link climate change to the spread of COVID-19, the Ivy League college did suggest that climate change affects human health in general. Whether it’s deforestation, the emission …

WORLD’S BIGGEST SOLAR PLANT TO DELIVER POWER AT RECORD-LOW 1.35¢ PER KILOWATT-HOUR

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The two-gigawatt Al Dhafra project in Abu Dhabi, the world’s biggest single-site solar installation, is expected to deliver electricity at a record-low US1.35¢ per kilowatt-hour when it goes into service in 2022. The bid to the Abu Dhabi Power Corporation came from a consortium consisting of Électricité de France (EDF) and the projects division of Chinese manufacturer Jinko Solar, Greentech …

Freddie Mac defers multifamily loan payments amid pandemic

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Multifamily landlords whose properties are financed with a Freddie Mac fully performing multifamily loan can now defer their loan payments for 90 days by showing hardship as a consequence of COVID-19. In addition, Freddie Mac is requiring landlords not to evict any tenant based solely on non-payment of rent during the forbearance period, according to a company statement. Freddie Mac …

This is what energy resilience could look like

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Christopher Hohn’s activist hedge fund TCI has outlined plans to punish administrators of corporations that fail to reveal their carbon dioxide emissions in a transfer that underlines rising investor issues over local weather change and the strain on boardrooms to reply. Right now, four homes in the rural …