Fannie Mae® (OTCQB: FNMA) is proud to announce that it received the 2019 ENERGY STAR® Partner of the Year – Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA). An ENERGY STAR partner since 2011, Fannie Mae Multifamily received the ENERGY STAR Award for its outstanding contributions to increasing the adoption of energy-efficiency improvements in multifamily housing.
The Sustained Excellence Award is presented to partners that have already received the ENERGY STAR Partner of the Year recognition for a minimum of two consecutive years and have gone above and beyond the criteria needed to qualify for recognition. This is Fannie Mae Multifamily’s third year receiving the Sustained Excellence Award.
“We are proud of our leadership position in creating change in communities across the U.S. by improving the energy and water efficiency of multifamily properties through mortgage financing,” said Jeffery Hayward, Executive Vice President and Head of Multifamily, Fannie Mae. “We are pleased to again receive this honor and are extremely proud of our partnership with ENERGY STAR.”
“We’re excited to be named an ENERGY STAR Partner of the Year for 2019, and grateful to the U.S. EPA for their long-term partnership,” said Karyn Sper, Director, Multifamily Green Financing Business, Fannie Mae. “Today, thousands of multifamily property owners across the U.S. use the ENERGY STAR Score and Water Score to track the energy and water performance of their properties and to understand how to better reduce costs and consumption.”
The 2019 ENERGY STAR Award winners were chosen from a vast network of 16,000 ENERGY STAR partners. Each winner leads their industry in the development and adoption of strategies and products that provide substantial energy and money savings in commercial and residential properties.
Fannie Mae Multifamily is the leading provider of financing for multifamily properties in the United States. The company impacts millions of people by supporting quality, affordable residential housing. As stated in the Multifamily Green Bond Impact Report, from 2012 through 2018, Fannie Mae issued $51.7 billion in Green mortgage backed securities and $6.1 billion in Green structured securities, it was the largest green bond issuer in the world in 2017 and 2018. The properties that back Fannie Mae Green Bonds are projected to reduce annual water use by 5.9 billion gallons (equivalent to the amount of water consumed annually by nearly 54,000 American families) and annual greenhouse gas emissions by 287,000 metric tons annually (equivalent to nearly 61,000 passenger vehicles driven for one year).
For additional information on Fannie Mae’s Green Financing Business, please visit www.fanniemaegreenfinancing.com.
To learn more about Fannie Mae’s most recent awards and achievements, please visit http://www.fanniemae.com/portal/about-fm/awards-achievements.html.
About Fannie Mae
Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of Americans. We partner with lenders to create housing opportunities for families across the country. We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk. To learn more, visit fanniemae.com and follow us on twitter.com/fanniemae.
About ENERGY STAR
ENERGY STAR® is the government-backed symbol for energy efficiency, providing simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations—including more than 40 percent of the Fortune 500®—rely on their partnership with the U.S. Environmental Protection Agency (EPA) to deliver cost-saving energy efficiency solutions. Since 1992, ENERGY STAR and its partners helped save American families and businesses nearly 4 trillion kilowatt-hours of electricity and achieve over 3 billion metric tons of greenhouse gas reductions. In 2017 alone, ENERGY STAR and its partners helped Americans avoid $30 billion in energy costs. More background information about ENERGY STAR can be found at: energystar.gov/about and energystar.gov/numbers.
SOURCE Fannie Mae