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Utilities and community developers partner to improve the energy efficiency of affordable rental housing nationwide

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  • Michael Bodaken
  • Todd Nedwick

Abstract

Improving the energy efficiency in homes is an important strategy for reducing poverty?s impact on low-income families. Low-income individuals and families spend a disproportionate share of their income on utility bills, and energy costs are one of the highest operating expenses in residential housing. Correspondingly, the benefits of efficiency investments in low-income housing include higher net discretionary income for poor households, a more stable affordable housing stock, and healthier living environments. These outcomes directly affect the quality of life of disadvantaged families as well as the physical and economic resilience of low-income communities.

Suggested Citation

  • Michael Bodaken & Todd Nedwick, 2014. "Utilities and community developers partner to improve the energy efficiency of affordable rental housing nationwide," Community Development Innovation Review, Federal Reserve Bank of San Francisco, issue 01, pages 043-052.
    • Handle: RePEc:fip:fedfcr:00032
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