Home Innovation Insights

Insider insights on what's going on in the home building industry.

Michelle Foster
September 24, 2021

How HUD Transformed the Multifamily Market Via Green Incentives & Policy

Without question, the single most impactful catalyst for green, high-performance multifamily buildings has been the HUD Green Mortgage Insurance Premium (MIP) Reduction. The Green MIP reduction was the game changer the residential construction industry needed. It was a big enough financial incentive that even the most stalwart anti-green developer or owner couldn’t resist. As news of the HUD MIP reduction spread through the industry, developers and owners that previously never considered a green certification, or even openly scoffed at the suggestion, changed their minds. Find out how federal incentives have worked, and can continue to work, to help us reach a greener future faster.

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