WHEDco Wins National Green Housing Award
July 6, 2009
The Women's Housing and Economic Development Corporation (WHEDco) has received the 15th Annual Charles L. Edson Tax Credit Excellence Award in Green Housing at a national awards ceremony on Capitol Hill.
The award recognizes WHEDco's new Intervale Green, the largest affordable multi-family housing community," said Nancy Biberman, WHEDco founder and president. "We are proud that Intervale Green has emerged as a replicable model of green affordable housing that incorporates the highest aesthetic and design standards."
"When the opportunity arose to nominate one of our projects for this prestigious award, I confess that WHEDco's Intervale Green was at the top of the list of candidates," said Marc Jahr, President of HDC. "We at HDC are very proud of our partnership with WHEDco and honored to bring this award home."
Intervale Green was built on an abandoned lot in the South Bronx. Today, the complex brings over 1/2 an acre of vegetation to the community, including three green roofs for vegetable and flowering gardens. Offering 128 family apartments for low-income and formerly homeless families, the complex was built with environmentally friendly, healthy materials and boasts energy-efficient appliances to help keep utility bills low for the new residents. Green technology throughout the building will help improve the environment and help keep money in the hands of the residents. Residents already struggling to make ends meet are expected to save 30% on utility bills.
