Freddie Mac Eyes "Green Securities" for MF

MCLEAN, VA-Freddie Mac is considering either introducing some kind of green or sustainable multifamily security this year, or more likely, scoring its K-deals for their “greenness.” The GSE and the US Environmental Protection Agency’s Energy Star program have signed an agreement under which multifamily properties will cut carbon pollution by making it easier to secure financing for energy-efficient investments and Freddie Mac is hoping the program will deliver enough data to support its aspirations for green multifamily securitization.

Once the partnership with EPA is off the ground the GSE will consider greening its K-deals or even marketing a stand-alone green security, David Brickman, SVP of Multifamily tells GlobeSt.com. “Whether we would do a green security or give a security a green score is something we are talking about. We are very much looking at providing some green indicator or label to our securities.”