Why Bet on Green? Unpacking Fannie Mae’s Success in Multifamily Green Financing

The impact of Fannie Mae’s Green MBS program is substantial. By 2023, over 792,000 housing units had been retrofitted or certified as green buildings under the program. The projected environmental benefits include saving 12.5 billion gallons of water annually and avoiding 1.2 million metric tons of CO2e emissions yearly.

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