COMMUNITY INVESTMENT STRATEGIES IS RECOGNIZED WITH A 2011 ENERGY STAR® LEADERSHIP IN HOUSING AWARD
CIS Earns Award for Building 233 New Homes that Protect the Environment Through Energy Efficiency
LAWRENCEVILLE, N.J., July 6, 2011 – Community Investment Strategies (CIS), Inc.is pleased to announce that it has been recognized by the U.S. Environmental Protection Agency (EPA) with a 2011 ENERGY STAR Leadership in Housing Award. This award recognizes the important contribution CIS has made to energy-efficient construction and environmental protection by building 233 ENERGY STAR qualified homes last year. Collectively, these homes will save customers approximately $104,151 on utility bills each year.
CIS is an environmentally conscious developer committed to building energy-efficient multi-family projects that consume 25 to 30 percent less electricity than regular dwellings. The company’s broad spectrum of multi-family properties include more than 2,000 apartment-rental units. In addition to incorporating Energy Star-rated appliances, CIS regularly installs roof-mounted solar panels on the property management offices to harness energy for each community’s clubhouse and common areas.
“CIS’ energy efficient construction and partnership with Energy Star are an extension of our socially responsible approach to developing each of our communities while protecting the environment and reducing costs for our tenants,” said Christiana Foglio, founder/owner and chief executive officer of CIS.
The environmental benefits of these ENERGY STAR qualified homes are equal to the equivalent of:
- Eliminating the emissions from nearly 114 vehicles;
- Saving some 690,612 lbs of coal;
- Planting roughly 188 acres of trees; or
- Saving the environment 1,354,429 pounds of CO2 emissions per year.
To earn the ENERGY STAR, a home must meet strict guidelines for energy efficiency set by the U.S. Environmental Protection Agency. These homes are at least 20% more efficient than standard new homes built today.
ENERGY STAR qualified homes offer homebuyers all the features they want in a new home, plus energy-saving features like effective insulation systems, high performance windows, tight construction and ducts, properly-sized and installed efficient heating and cooling equipment, efficient products, and third-party verification of energy performance.
“The value you get from an ENERGY STAR Qualified Home goes far beyond energy efficiency,” said Sam Rashkin, National Director for EPA’s ENERGY STAR Homes Program. “ENERGY STAR Qualified homes provide more comfort, durability, and a healthier environment than homes built to code. On top of that, they’re tested and inspected to perform.”
Last year alone, with the help of ENERGY STAR and partners, Americans saved about $18 billion on their utility bills and avoided greenhouse gas emissions equivalent to those of 33 million vehicles. Nearly 1.2 million ENERGY STAR homes have been built in the United States since the program first began labeling homes in 1995.
Established by Christiana Foglio, founder/owner and chief executive officer, CIS is widely acknowledged for its dedication to developing the most appropriate low-to-moderate housing options. The company has been consistently recognized for its award-winning communities, business model, corporate citizenship and advocacy as well as people-first philosophy.
About ENERGY STAR
ENERGY STAR was introduced by the U.S. Environmental Protection Agency in 1992 as a voluntary market-based partnership to reduce greenhouse gas emissions through increased energy efficiency. Today, ENERGY STAR offers businesses and consumers energy-efficient solutions to save energy, money and help protect the environment for future generations. More than 126,000 new homes were constructed to meet ENERGY STAR guidelines in 2010, by partners committed to improving the energy efficiency of products, homes, buildings and businesses. For more information about ENERGY STAR, visit www.energystar.gov or call toll-free 1-888-STAR-YES (1-888-782-7937).