CEFC backs Mirvac build-to-rent sustainable housing venture

The Australian Government is helping to create more energy-efficient rental homes to reduce energy bills and ease the burden on renters’ budgets.

A $7 million additional commitment by the Clean Energy Finance Corporation takes the government's investment in energy efficiency for Mirvac's 'build-to-rent' projects to $75 million, increasing the number of energy-efficient apartments in their portfolio to around 2,200.

The projects will aim for a minimum 7.5-star Nationwide House Energy Rating Scheme (NatHERS) rating, and operate with net zero carbon emissions. A 7.5 star home is on average 77% more efficient to heat and cool than a 2-star home.

[Photo: CEFC]

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