Harbor Group International has invested in the Freddie Mac FREMF 2021-KG05 bond pool, part of Freddie Mac's KG-Deal offerings. The bonds are part of the environmental and social impact series of the Freddie Mac Multifamily Loan, or K-Deal, program, and wholly comprises workforce housing loans.

By purchasing the bonds, Harbor is investing in underlying mortgage loans on housing that is affordable to the majority of low- to middle-income households. Firms that borrow from the KG05 pool must commit to substantially reducing energy or water and sewer consumption. Also, they must report water and energy efficiency performance data through a third-party benchmarking consultant.

The properties in KG05 conform to guidelines for Freddie Mac's Green Advantage Loan Program, which aims to lower the carbon footprint of older workforce housing communities and reduce the utility expenses of low-income residents through increased efficiencies. With the program, borrowers who improve their workforce housing communities' water and energy efficiency can earn adjusted rates.