From: Madeline Fraser
Cook [mailto:fra...@newecology.org]
Sent: Wednesday, September 28,
2005 10:50 AM
To: bm...@frontierassoc.com
Subject: costs and benefits of
green affordable housing study
Hello everyone,
This email is to announce that we have completed and have released a study entitled The Costs and Benefits of Green Affordable Housing. The 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.
I have attached an executive summary of the study and a press release that went out. Copies of the full report are available on our website, www.newecology.org. Feel free to contact me should you have any questions.
Best,
Madeline Fraser Cook
_______________________________________________
Madeline Fraser Cook
Vice President
New Ecology, Inc.
130 Bishop Allen Drive
Cambridge, MA 02139
(P) 617.354.4099 x25
(F) 617.354.4098