Green Bond Fact Sheet

Freddie Mac issued a USD 435 million green CMBS on June 28, 2019, to support the Multifamily Green Advantage suite of loan offerings. The proceeds target building improvements such as LED lighting, insulation upgrades, and water-efficient fixtures. Loans from 2019 onwards must meet a 30% savings reduction threshold and a 15% energy efficiency requirement. Reporting on the proceeds is conducted monthly via the master servicer and trustee, with annual public performance reports provided by Freddie Mac.

• Freddie Mac issued a green bond in the form of a Commercial Mortgage-Backed Security (CMBS) totaling USD 435 million on June 28, 2019.
• The bond proceeds are dedicated to the Multifamily Green Advantage suite of offerings, specifically the Green Up and Green Up Plus loans, which fund projects such as LED lighting, insulation upgrades, low-flow toilets, and energy efficient appliances.
• Eligibility for loans under the green bond framework depends on the year of origin: 2018 loans required a 25% savings reduction for energy and water, while loans from 2019 onwards must meet a 30% savings reduction threshold and a 15% energy efficiency requirement.
• Reporting on the green bond proceeds is handled monthly by the master servicer and trustee through the Investor Reporting Package via Bloomberg, while Freddie Mac provides annual public reports on asset- and portfolio-level performance.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-06%20US%20Freddie%20Mac.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-06%20US%20Freddie%20Mac.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=10 July 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-06%20US%20Freddie%20Mac.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2019-06%20US%20Freddie%20Mac.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }