By: greenbank On: September 01, 2015 In: Comments: 0

The CEFC loaned AU$40 million to a subsidiary of St George Community Housing to build more than 200 new energy efficient homes and upgrade a portion of its 4,300 existing properties with energy efficient technologies, directly benefiting tenants through lower electricity bills. The new properties will be built to a minimum 4-star Green star rating or a 7-star rating under the Nationwide House Energy Rating Scheme (NatHERS). The loan to SGCH was the first of its kind for the CEFC, demonstrating the potential for a community housing sustainability program.

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