Combating Climate Change with Resilient Energy Solutions
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- A new Enterprise blog post looks at how housing stakeholders can combat climate change with resilient energy solutions. The blog post points out that knowing the full effects of climate change, including how it impacts energy supply, makes it possible to create effective strategies to withstand them. The post notes that “we are exploring the inclusion of a Net Zero Energy (NZE) target — one in which the total amount of energy used in a building is equal to the amount of renewable energy the building produces generally through solar or geothermal — in the Enterprise Green Communities Criteria for buildings certified under the Criteria starting in 2020.” To learn more about Net Zero Energy homes, our 2015 Green Communities Criteria, or if you would like to be involved in creating the next generation of the Green Communities Criteria, email us at firstname.lastname@example.org.
- The Brookings Metropolitan Policy Program and Gallup have released a new report, The devaluation of assets in black neighborhoods: The case of residential property, that examines how much money majority-black communities -- where the share of the population is at least 50 percent black -- are losing in the housing market stemming from racial bias. It finds that owner-occupied homes in majority-black neighborhoods are undervalued by $48,000 per home on average, amounting to $156 billion in cumulative losses. The report’s findings show that differences in home and neighborhood quality do not fully explain the devaluation of homes in majority-black neighborhoods, and metropolitan areas with greater devaluation of black neighborhoods are more segregated and produce less upward mobility for the black children who grow up in those communities. (Brooking Institute, November 2018)
- A report co-authored by the Insurance Institute for Business & Home Safety reports that in wildfire-prone areas, homes better designed to withstand wildfires do not necessarily increase construction costs. These findings were released days after a major federal report concluded that climate change will cause more deadlier and costlier wildfires and that communities in wildfire-prone areas are not well prepared to address this challenge. Insurers have urged local governments to implement more resilient building codes, a move that is generally opposed by home builders who have concerns over additional construction costs. This new report indicates that wildfire resistant construction methods on the whole cost the same as or less than non-resistant methods. (Bloomberg, November 27)
- On Tuesday, the December 4, Strong, Prosperous, And Resilient Communities Challenge (SPARCC) is hosting Investment without Displacement, a day-long convening that will explore the strategies that can help cities and regions around the country achieve equitable, inclusive growth informed by the voices, needs, and interests of those communities most threatened by growing displacement pressures. This event will feature representatives from SPARCC's six sites – Atlanta, Chicago, Denver, Los Angeles, Memphis and San Francisco/Bay Area – along with national experts and community leaders. Join the live streaming of the morning plenary sessions from 9 a.m. to 12:30 p.m. PST.
- On Wednesday, December 5, Freddie Mac Multifamily will host a conference call to discuss its recently released reports that examine: Mixed-Income Housing in Areas of Concentrated Poverty, Affordable Housing in High Opportunity Areas, and Opportunity Incentives in LIHTC Qualified Allocation Plans – those reports are part of the Spotlight on Underserved Markets series. This call, which will be held at 1 p.m. ET, will discuss trends, opportunities and challenges that face future multifamily development in areas of current and potential opportunity, and the discussion will be followed by an interactive Q&A session. (Dial in: 1-800-369-2091 - Participant passcode: 5996105)