Institute for Market Transformation

The Institute for Market Transformation addresses market failures that inhibit investment in the energy efficiency of buildings by strengthening linkages among energy performance and the financial value for building owners. The grant supports a seminal report that will examine impacts of existing multifamily energy benchmarking and transparency policies enacted by local governments, design of multifamily energy-efficiency programs, and opportunities for leveraging new and existing market information to secure financing for energy conservation improvements.

The Institute for Market Transformation promotes energy efficiency and green design in the building sector through technical research, educational outreach, and policy analysis. As a growing number of cities and states with major real estate markets are now crafting laws that require building owners to report on properties’ energy usage, the Institute will provide practical guidance to state and local officials on specific regulatory language that would minimize negative effects on multifamily housing, including affordable rental housing, and help state, local, and federal policymakers develop energy-related regulations that reflect an understanding of the challenges and needs of multifamily housing.