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RAD Success in Nashville

The power of public-private partnerships and RAD can be highlighted by Nashville’s dedication, efforts, and outcomes in affordable housing. D3G is proud to have been a part of the MDHA RAD story. This is a truly transformative project for a formerly depressed part of the city. It's so exciting to see the continued success of RAD projects!

 

https://spark.adobe.com/page/gXnmNtGtALo6i/

RAD PBRA & PBV Funding During Shutdown?

Check out the latest news from the RAD Collaborative and be sure to save the date for Northwest Regional RAD+ Convening February 27th-March 1st. Hope to see you there!

 

http://d3g.com/images/other_media/white_papers/RAD_Collaborative_News.pdf 

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A change to the Rental Assistance Demonstration (RAD) regarding conversions to project-based rental assistance under RAD’s Second Component.

You can read more here but the good news is that they (HUD) clarified the understanding. 

https://www.federalregister.gov/documents/2018/12/11/2018-26709/rental-assistance-demonstration-amendment-to-final-notice 

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RAD Celebrates 100,000 Units Preserved

What an awesome milestone in housing preservation! D3G is proud to have been at the forefront of the RAD process and to see so many of our projects through to successful completion.

http://d3g.com/images/other_media/RAD/RAD_100000_Homes_2018.pdf

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D3G'S Stephen Evanko Recognized as Home Innovation NGBS Green Partner of Excellence

Midlothian, VA, February 25th –Stephen Evanko, Managing Director of Energy & Sustainability for Dominion Due Diligence Group (D3G) has been named a Home Innovation NGBS Green Partner of Excellence for 2017. NGBS Green, which is based on the National Green Building Standard™ (NGBS), has certified more homes than any other national green home certification program thanks in large part to its knowledgeable in-field verifiers. Being one of an elite group of Home Innovation’s green certification program partners to be recognized validates the commitment Stephen has made to providing customers with increased value, professionalism, and relevance in the marketplace through third-party verification to the NGBS.

“What a year!” said Home Innovation Vice President Innovation Services Michelle Foster. “NGBS Green celebrated its 100,000th NGBS Green Certified home in March 2017, and less than a year later we have certified an additional 28,000+ homes. In 2017 we also marked the first 2015 NGBS Green Certified home; started development of the 2018 NGBS, which will now cover mixed-use multifamily buildings; and Home Innovation was selected as ENERGY STAR MRO for high-rise multifamily buildings. We could not have attained all these milestones – while at the same time continuing to provide an affordable, rigorous certification program that provides value to the entire residential construction industry – without dedicated partners like Stephen.”

Stephen’s firm, Dominion Due Diligence Group, supports multifamily projects pursuing HUD financing.  In 2016, HUD launched the Green Mortgage Insurance Premium Reduction that offered Multifamily projects up to 40 basis point for pursuing energy-efficient design and green building certifications. 

As an accredited NGBS Green Verifier, Stephen and his team have provided NGBS green building consulting verification and energy modeling services for ~100 projects that have pursued this incentive.  NGBS Green Verifiers are trained, tested, and accredited by Home Innovation to ensure consistency and rigor across the country for NGBS Green Certifications across the country.

“HUD’s Green Mortgage Insurance Premium Reduction Program is a phenomenal program with a great return on investment for developers but there are a lot of steps and requirements. NGBS is a great solution and we enjoy helping developers through the process to secure the rate reduction and deliver a quality building, said Evanko.”

To earn certification to the National Green Building Standard, a home must meet rigorous criteria in six categories – Lot & Site Development; Resource Efficiency; Energy Efficiency; Water Efficiency; Indoor Environmental Quality; and Homeowner Education. There are mandatory practices in each category that every NGBS Green Certified home must meet, and there are a wide range of additional optional practices in each category that a builder can select based on the applicability to buyers or renters in their market. There are also mandatory point minimums in every category in order for a home to attain the next level of certification, which is a more stringent requirement than in any other national certification program.

Since January 2009, when the National Green Building Standard (NGBS) became the first residential green building rating system to be approved by the American National Standards Institute (ANSI), Home Innovation Research Labs has certified nearly 130,000 green single-family and apartment homes, and more than 1,650 lots within green residential land developments. (For more details on current certification numbers, visit www.homeinnovation.com/ngbsgreenstats.) For more information on NGBS Green Certified homes and Home Innovation’s NGBS Green Partner home builders and remodelers, visit www.NGBS.com.

 

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ABOUT D3G: Since 1994, Dominion Due Diligence Group (D3G) has been navigating the nation’s most complex housing and healthcare projects. D3G was the original third party due diligence consultant to concentrate on the HUD-FHA-MAP mortgage insurance industry and has since grown into a full-service Environmental and Engineering real estate due diligence company. Our third-party reporting is used for HUD-FHA, SFHA, Fannie Mae, Freddie Mac and conventional financial transactions. D3G has helped shape the affordable housing preservation industry by presenting environmental, property and sustainability solutions to our Lenders, Borrowers, General Contractors, Design Professionals and Equity Partners. D3G has a full energy and sustainability team offering an extensive suite of services including; energy benchmarking, energy audit, energy modeling and green building consulting and verification.

ABOUT HOME INNOVATION RESEARCH LABS: Home Innovation Research Labs, located in Upper Marlboro, Md., is a full-service research, testing, and consulting firm determined to improve the quality, durability, affordability, and environmental performance of single- and multifamily homes and home building products – in short, we aim to perfect the home. Founded in 1964 as a subsidiary of the National Association of Home Builders (NAHB), our team has been integral in solving many of our client’s most difficult product and technology issues, and helping to introduce some of the most groundbreaking innovations in residential construction. Through an interdisciplinary research approach – including market research, building science analysis, laboratory testing, and standards development – we help to find a home for innovation in the residential construction industry.

 

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