EDD Advisors

Case Study: 
Green CNA--Double the Value
The Value of Green Capital Needs Assessments for Multifamily Developments

What is a Green CNA?

EnerSpective collaborates with EDD Advisors to provide “Green” Capital Needs Assessments (CNA).  Owners or managers of multifamily developments get a complete picture of how and when to upgrade, including ways to save energy and money in the short- and long-term.

Is a Green CNA worth the investment?

A Green CNA identifies the necessary capital upgrades and provides additional information for energy cost saving recommendations. Like any other service, green-washing has occured with CNAs, where the energy analysis component has left clients wanting more. EnerSpective ensures your investment by providing an ASHRAE level I Plus audit, which is a comprehensive assessment covering reasonable upgrades. (See Energy Audit Tips: How to Get Your Money’s Worth) The fact is that the most cost-effective time to implement energy efficiency measures is when an upgrade is planned or needed; this is an opportunity that you can't afford to miss.

How is a CNA and an energy assessment combined?

EnerSpective and EDD Advisors provide separate, but correlating reports.  MassHousing understands the value of quality CNA, so much so that they require it for all refinancing. Through MassHousing's program, EnerSpective and EDD Advisors have provided Green CNAs to the following clients: Home Owners Rehab, Preservation for Affordable Housing, Peabody Properties Inc., Cornerstone Corporation, HallKeen Real Estate and Management.

“EnerSpective's assessments are one of the more informative and substantive, energy-related reports we receive at MassHousing.”

Ray Johnson, Design and Construction Manager of MassHousing.