Getting the right advice pays for itself.

Triple Bottom Line Foundation (TBL Fund) knows the multifamily housing market inside and out. No one is better positioned to advise property owners and managers on off-balance-sheet financing, tax incentives, utility rebates, and other options available in project planning.

One Stop Shop Services

Portfolio & Property Analysis

Manage total energy use, target inefficiencies in your portfolio, and identify priorities for cost-effective property rehabilitation.

Energy & Water Audits

Conduct ASHRAE Level 1, 2 or 3 energy audits that meet program requirements for HUD, USDA, or state Housing Finance Agencies.

Energy Modeling

Understand your property’s energy consumption, potential returns on capital investment, and lifecycle costs with projections from modeling software.

Green Certification

Get your ENERGY STAR rating and assistance developing a comprehensive green improvement plan to meet any green certification requirements.

Off-Balance-Sheet Financing

Access financing for your retrofit using Power Purchase Agreements, Energy Performance Contracts, Property Assessed Clean Energy, and Pay For Success programs.

Project Implementation

Utilize full design-build services in Colorado and New Mexico; get assistance procuring a local general contractor for installation nationally.

Lending Incentives for Green Certification

Reduce your MIP and loan costs by as much as 40 basis points!

With the release of HUD's Mortgage Insurance Premium (MIP) reduction notice, as well as release of HUD's 2016 Multifamily Accelerated Process (MAP) Guide, there has never been a better time to obtain an ENERGY STAR rating and green certification.

  • Fannie Mae

    Attain lower "all-in interest rate" and disclose loan as a "Green MBS" to the bond market with recognized green certifications.

  • Freddie Mac

    Earn discounted loan pricing for properties that have affordable rental units and green building certifications. Receive $5,000 for submitting an ENERGY STAR Score.

  • Federal Housing Administration

    Finance energy efficiency improvements for your property with their FHA insured mortgage, and get a reduced MIP with green certification.

Contact us today to learn more on these programs.


Off-Balance-Sheet Financing

Energy Performance Contracts, Property Assessed Clean Energy, and Pay For Success are alternative financing methods used to fund building improvements that reduce resource waste and increase operational efficiency.
TBL Fund can help you arrange the techniques below to use utility savings from reduced energy & water consumption to repay the cost of building upgrades.


Property owners can use an Energy Performance Contract to pay for today's facility upgrades with tomorrow's energy savings—without tapping into capital budgets.

HUD Guidelines
  • Results-oriented solution
  • Upfront cost covered by contractor
  • One contract with one service provider


Property Assessed Clean Energy is a simple and effective way to finance energy efficiency, renewable energy, and water conservation upgrades to buildings.

DOE Guidelines
  • 100% of financing paid back through annual utility savings
  • Spreads cost of improvements over project lifetime
  • Can be used to finance solar energy projects
  • PACE properties have lower foreclosure rates
  • Debt is tied to property so repayment obligation can transfer with new ownership


Pay For Success is an innovative financing mechanism that shifts financial risk from a traditional funder—usually government—to a new investor, who provides up-front capital to scale a program.

More Info
  • Focused on evidence-based social programs
  • Independent evaluators determine if program results meet its targets
  • Programs bypass typical bureaucratic challenges

Power Purchase Agreements

A power purchase agreement (PPA) is a financial agreement where a developer arranges for the design, permitting, financing, and installation of a solar energy system on a customer’s property at little to no cost.
The developer sells the power generated to the host customer at a fixed rate that is typically lower than the local utility’s retail rate.
This lower electricity price serves to offset the customer’s purchase of electricity from the grid while the developer receives the income from these sales of electricity as well as any tax credits and other incentives generated from the system.