A Case For Sustainable Affordable Housing in California
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"Developing Affordable Multifamily Housing in Monterey, California: An Economic Case for Building Electrification and Water Reclamation" is a recently released study produced by three International Environmental Policy graduate students at Middlebury Institute of International Studies in Monterey, California and is supported by the Monterey Student Housing Coalition. Lawrence Garber, Corbin Panturad, and Trang Trinh set out to analyze the financial feasibility and outcomes of a proposed net-zero, 100% affordable apartment complex in Monterey, California that uses a highly efficient reclaimed water system. Our podcast today discusses the multiple scenarios their study plays out... And it turns out that the high water efficiency, all-electric case makes the most financial sense with a NPV of $10, 106, 470 and IRR 15.97%. And if you don't know what that means, you should probably listen to this podcast - as we explain the gritty details and definitions as our environmental policy experts make the financial case for clean, renewable, and affordable housing solutions for Monterey and set the new standard for California's green economy. For more information on the study, please contact one of our guest speakers @ Lawrence Garber / lgarber@middlebury.edu Corbin Panturad / cpanturad@middlebury.edu Trang Trinh / ttrinh@middlebury.edu --- Support this podcast: https://podcasters.spotify.com/pod/show/miis-radio/support
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