Single Family Green Building:

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• Single Family Green Building
• Challenges and Solutions
• October 2, 2008

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• HOME, Inc. is a 501(c)(3)
• non-profit, housing corporation

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HOME, Inc.s Missioncreate opportunities for
quality, affordable housing
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HOME, Inc. Programs-Community Housing
Services Program-Property Program
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COMMUNITY HOUSING SERVICES PROGRAM

• -Counseling
• -Supportive Services
• -Education
• -Advocacy
• for affordable rental homeownership

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PROPERTY PROGRAM

• Develops affordable, single family
• housing used for homeownership

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PROPERTY PROGRAM

• Development Activities
• -Planning
• -Financing
• -Initial Ownership
• -Marketing

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PROPERTY PROGRAM

• General Contractor Activities
• -Oversee all aspects of construction
• -Solicit bids and hire sub-contractors
• -Bid, select and order materials
• -Perform certain construction

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PROPERTY PROGRAM

• HOME, Inc.s Green Build
• Project Partners
• -Center on Sustainable Communities
• -City of West Des Moines
• -Polk County Housing Trust Fund
• -Gilcrest Jewett Lumber Company
• -Windsor Windows
• -Bloodgood, Sharp, Buster Architects

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PROPERTY PROGRAM

• Purpose of Demonstration Green Project
• -Learn more about green building
• -Determine most effective technologies
• for our client base
• -Additional cost to client sale price
• -Determine items that repay investment
• -Long term maintenance
• -Ease of usage

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PROPERTY PROGRAM

• 931 Maple, West Des Moines
• -Adapted most recent plan1618 11th
• -Easy to estimate usual vs. green costs
• -Real Estate Market
• WDM small appraisal gap
• -Client Market
• WDM large affordability gap

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PROPERTY PROGRAM

• Financial Analysis
• -Estimated project cost
• (non-green, no land cost) 150,000
• -Green Costs Add-on (10) 15,000
• -Affordable Sale Price 110,000
• -Gap financing needed 55,000

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PROPERTY PROGRAM

• 55,000 Gap Financing Options
• -Find more grant funds
• -Reduce costs

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PROPERTY PROGRAM

• Find More Grant Funds
• -PCHTF affordability/green grant 25,000
• -WDM site prep grant 7,500
• -WDM down payment aid grant 10,000

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PROPERTY PROGRAM

• Reduce Costs
• -WDM reduced lot cost/waived fees 7,500
• -Supplier/Contractor Donations
  7,000
• -HOME, Inc.
• -self-financing interest savings 5,000
• -reduced development fee 5,000

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PROPERTY PROGRAM

• Process
• -Charettes to determine specs of
• ideal green project
• -Core development team
• WDM, HOME, Inc., COSC
• -Prioritized
• 1) Changes that result in very little cost
• 2) Energy Efficiency
• 3) Healthy Living Environment

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PROPERTY PROGRAM

• Priority One Low/No Cost
• -Adapting design resulted in
• -Added 44 square feet
• decreased material waste
• -Roof pitch lowered to widen overhang
• winter heat gain/summer shading
• -Increased truss system heel 12
• more insulation
• -Total Additional Cost 620

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PROPERTY PROGRAM

• Priority Two Energy Efficiency
• -Attic insulation from R-38 to R-50
• (cellulose instead of fiberglass)
• -Side wall foam instead of fiberglass batts
• -1 foam board between studs and out-
• side walls replaced OSB sheathing
• -Hardi plank instead of vinyl siding

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PROPERTY PROGRAM

• Priority Two Energy Efficiency
• -Basement insulation2 R-10 blue board,
• nailers, drywall, foam under floor
• -Eliminate 1 window
• -92 to 95 efficient furnace
• -Maintained 14 SEER AC
• -Total additional cost 7,093

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PROPERTY PROGRAM

• Priority Three Healthy Environment
• -Most items occur in final building phase
• 10,000 funds/donations still needed
• -Low VOC paints/sealants/adhesives
• -Cabinets and countertops
• (formaldehyde free)
• -Floor coverings

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PROPERTY PROGRAM

• What we have learned
• -Already building energy efficient units
• -Funding for green very difficult to find
• -Need incentives to encourage for-profit
• to build green
• -Some green items need additional owner
• training on maintenance and usage
• -Are people willing to invest time and money
• needed to go green?

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• HOME, Inc.
• 1111 Ninth Street, Suite 210
• Des Moines, Iowa 50314
• 515-243-1277
• www.homeincdsm.org