The Costs and Benefits of Green Affordable Housing study, undertaken by New Ecology and the Tellus Institute, is comprised of 16 case studies of affordable housing projects from around the country. This 200 page report includes in-depth analysis of the long-run financial implications of greening each project and Net Present Value projections for each project. In addition to case findings, we have included sections on recommendations for advancing the green agenda in affordable housing as well as areas for further research. This is the first study of its kind looking at green affordable housing from a costs and benefits perspective. We hope that with this study, a robust, national conversation can begin about how to promote greening affordable housing while taking into account the various costs and benefits associated with the decisions to green developments.
The Costs and Benefits of Green Affordable Housing Study is a project of the Green CDCs Initiative, funded in part by James E. Gibbons Educational Development Trust Fund of The Counselors of Real Estate. The James E. Gibbons Educational Trust Fund features new Ecology's initiative as 'seminal work on green affordable housing' in their brochure, downloadable free here.