Because we have made it very easy and hassle-free for you to earn cash incentives when you make your MF property energy efficient. You'll have a single point of contact at ICAST to help you through the entire process.
And because it makes financial sense. By participating, your property becomes more attractive to your tenants and can:
- Improve your Revenues with higher occupancy and lower turn-over rates
- Reduce your operating costs with lower O&M costs
- Lower your energy bills
- Enhance property value with higher NOI and better equipment installed
And because it will create a better living environment. Dozens of studies have shown that Green upgrades increase comfort, health and safety for tenants that in turn creates lower turnover and higher occupancy.
And because ICAST can help you access other incentives and low-cost financing such as:
- Other utility incentives (ICAST is a Trade Ally to PNM, Xcel Energy, EPE and others)
- Grants from various sources, including Weatherization, HOME, CDBG, etc.
- Fannie, Freddie and FHA green lending incentives
- Energy efficiency tax credits and deductions
- Low-cost financing from various local sources