Several organizations provide a certification that a multifamily property met energy efficiency, water efficiency or other environmental sustainability criteria. Properties may be newly constructed or retrofitted to meet the criteria.
Properties with a current, recognized certifications are eligible for an interest rate reduction on their loans. These loans will also be disclosed as a Green MBS. The property must be awarded the certification at the time of loan close; properties with certifications "in progress" are not eligible. Certifications include those from the organizations listed below; certifications by other organizations may be recognized at the time of financing pending review by Fannie Mae.