Two core and linked concepts—both which address barriers to comprehensive green renovations and construction or residential projects—underpin the SMARTER Finance for Families project. First, Promoting the "Total Cost of Monthly Ownership" model motivates homeowners to be more ambitious and in their renovation projects.
Second, Lowering Monthly Costs for homeowners reduces loan default risk for banks allowing them to offer a lower cost of financing which unlocks additional monies for design and construction. Logical interventions to facilitate participation in this systemic solution by companies providing solutions for residential buildings combined with a straightforward yet ambitious and credible building certification reduce the many potential complications for achieving the necessary energy efficiency and other green performance necessary performance from these projects.
More on the SMARTER Finance for Families.