Energy Performance Contracting and Public Housing Authorities
The attorneys in Ballard Spahr's Public Finance, Energy and Project Finance, and Housing practices are at the forefront of energy performance contract (EPC) financings by public housing authorities (PHA), closing the first EPC/PHA financing in the nation for the Housing Authority of the City and County of Denver.
Our attorneys have extensive experience in energy-related affordable housing financings, and we are able to counsel PHAs with respect to the legal complexities that are a part of utilizing an EPC. Our combined strengths in affordable housing, energy, and public finance, coupled with our experience representing several of these authorities in numerous affordable housing transactions, results in a unique depth of appreciation and understanding of the legal issues facing PHAs in energy performance contracting. Our close working relationships with HUD officials enhance our representation of PHAs in connection with EPC financings.
Ballard Spahr attorneys are devoted to providing a practical way for PHAs to obtain energy-saving upgrades for their facilities and public housing projects, and to finance them without upfront capital costs and the costly special appropriations otherwise necessary to pay for the energy-efficient improvements. We are experienced in combining EPC financings with many other innovative housing and energy financing programs.
We are committed to helping our PHA clients take advantage of all possible opportunities in their financings, and enthusiastic about assisting them in their mission of meeting the housing needs of their communities. Our PHA clients can provide safe, clean, affordable housing while simultaneously attaining worthwhile goals of energy conservation and sustainability.