| dc.description.abstract |
This study offers a qualitative appraisal of the interaction between affordable housing
policies and energy efficiency in New York City. We summarize key affordable housing
policies and energy efficiency programs at the federal, state and local levels, profile
relevant government organizations, and assess the current efficiency potential in
New York City's affordable housing stock. We identify confounding informational, financial,
and policy barriers that prevent the full realization of this technical potential.
These major barriers include: a lack of affordable housing energy performance data,
a lack of information about existing funding resources, misalignment between housing
subsidies and energy conservation, substantial upfront investment and transaction
costs, underfunding of existing efficiency programs, and the tenant-landlord split
incentive.
Lastly, we recommend strategies to enhance the energy performance of affordable housing
in New York City through policy interventions that benefit both tenants and building
owners. This research will be utilized by BetterBuildingsNY to inform their building
advocacy efforts.
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