Researchers at the UNC Center for Community Capital will assess whether mortgages obtained for energy-efficient homes perform better than those obtained for standard homes.
The study is being funded by the Institute for Market Transformation, a nonprofit founded in 1996 that promotes energy efficiency, green building and environmental protection in the United States and abroad.
Center researchers will examine building energy performance data of about 200,000 new homes rated by Residential Energy Services Network using the Home Energy Rating System index and compare it to loan performance data provided by CoreLogic. Results are expected by fall 2012.
The UNC Center for Community Capital is the leading center for research and policy analysis on the transformative power of capital on households and communities in the United States. Part of the College of Arts and Sciences at the University of North Carolina at Chapel Hill, the center offers data and analysis that helps policymakers, advocates and the private sector find sustainable ways to expand economic opportunity to more people more effectively. For more information, visit www.ccc.unc.edu or call (919) 843-2140.
Topics(s): Affordable Homeownership, Housing Policy, Impacts of Homeownership, Mortgage Finance