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Fannie Mae Approves BREEAM for Its Green Financing Program

There are now seven organizations with green building certifications that meet the GSE’s requirements for Group 1 rates.

By Erik Sherman | May 13, 2021 at 06:00 AM

BRE Global announced that Fannie Mae approved the institution’s BREEAM Residential Plus assessment approach for its Green Financing program, with products for multifamilies “that benefit borrowers who invest in energy and water efficiencies, including preferential pricing and additional loan proceeds for energy and water efficiency retrofits.”

According to Fannie Mae, BREEAM USA is now one of seven organizations that have green building certifications acceptable to join the Group 1 certifications, which was the top level until the introduction of Towards Zero.

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