DHA Portfolio Strategies and Solutions Ismael Guerrero Denver - - PowerPoint PPT Presentation

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May 23, 2023 299 likes •458 views

DHA Portfolio Strategies and Solutions Ismael Guerrero Denver Housing Authority Denver, CO Denver Housing Authority Housing Portfolio : 5,116 housing units in 30 properties 3,706 Traditional Public Housing 628 Subsidized Units

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DHA Portfolio Strategies and Solutions

Ismael Guerrero Denver Housing Authority Denver, CO

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5,116 housing units in 30 properties
3,706 Traditional Public Housing
628 Subsidized Units
782 Mixed Income
Administer over 6,700 tenant based voucher
7+ LEED Certified Buildings
2,500 Energy Efficient Unit Upgrades

Denver Housing Authority

Housing Portfolio:

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$16 Million in solar panels installed on 750 units.

HUD Energy Performance Contracts

$18 Million in new energy conservation measures in public housing units.

DHA PPA Power Purchase Agreement LEED Certified New Multi-Family Properties

Approximately $150 Million invested in 7 LEED certified properties.

DHA Energy Efficiency and Sustainability Strategies

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What is a Solar PPA?

Power Purchase Agreement – means of structuring
n site solar projects.
3rd Party Solar Developer Owns System – sells

power at 20 year contracted rate

Site Host – buys power and may enter into roof

lease.

Why?

– Allows 3rd Party Developer to monetize Tax Credits – Sites hosts that are public or 501c3 cannot take advantage of these – Tax Credits (ITC, MACRS) are 55%- 60% of the total return

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Solar PPA Benefits

$16 Million in solar panels installed on 750 units

at no cost to DHA.

Option to purchase panels at 75% discount once 6

years have past, or to maintain lease at no cost

Long-term, predictable energy costs for DHA
Reduces CO2 output associated with DHA systems

by 5 million pounds annually

Supports HUD’s interest in sustainability and

DHA’s reputation as a green builder

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DHA LEED Certified New Construction

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Since 1998, HUD’s EPC program has generated millions
f dollars in Capital Improvements for PHAs.
With interest rates at historic lows, in some instances,

this program has generated more than $8,000 per Public Housing unit.

DHA leveraged utility savings to raise over $18 million

for Energy Conservation Measures.

Phase I with Honeywell as ESCO
Phase II with DHA managed Self-Implementation

HUD Energy Performance Contracting

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$11.5 Million in ECM’s
2,500 Units at 12 Properties
14+ Months to full implementation
ECM’s Included:

– 850 Refrigerators – 1,300 Furnaces – 4 Smart Irrigation Sys – 1,300 Attics – 4 Central Plant Upgrades – Unit Lighting – Ceiling Fans – Window Replacements 8

DHA’s Energy Conservation Measures: Phase II Scope of Work

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2013 Measurement & Verification Report by Group 14

Denver Housing Authority – April 2014

Water & Sewer Savings $1.4 million

46% reduction from baseline year

Natural Gas Savings $816,000

34% reduction from baseline year

Electric Savings $309,000

10% reduction from baseline year

Total Savings - $2,526,000

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ECM’s Environmental Impact

Water Savings

294 Olympic size swimming pools

27 million kegs of beer

Green house gas emission reductions

1,469 Passenger vehicles

2,502 tons of waste sent to the landfill

CO2 omission reductions

960 homes of electricity

785,417 gallons of gasoline consumed

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Next: Resident Education Program

RFQ issued in February 2014
Cost: under $100,000
Funded through EPC II Xcel Energy rebates
Includes 2 properties (row type and mid rise)
Efforts include:

– Education campaigns – Resident engagement strategies – Prompts to action – Pledges – Feedback devices

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DHA joined the DOE’s Better Buildings

Challenge Multifamily Sector in 2013

Committed to a 20% reduction in energy

intensity portfolio wide in 10 years

Committed to benchmarking utility data on the

EPA’s Portfolio Manager

Committed to share success stories with other

peer groups

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DHA plans to reach a 20% reduction in energy intensity in 10 years by initiating the following strategies across our existing portfolio and new developments.

– Energy and water conservation measures: – Renewables – Operations and Maintenance best practices – Resident engagement programs

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