ron rukenstein pp aicp usda green day presentation july 1 2010 ron@rukenstein com n.
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Ron Rukenstein, PP, AICP USDA Green Day Presentation July 1, 2010 ron@rukenstein PowerPoint Presentation
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Ron Rukenstein, PP, AICP USDA Green Day Presentation July 1, 2010 ron@rukenstein - PowerPoint PPT Presentation


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Ron Rukenstein, PP, AICP USDA Green Day Presentation July 1, 2010 ron@rukenstein.com. Kent Avenue Apartments – 101 unit residential apartment building for seniors (55 and over) and people with disabilities. Financial assistance was provided from the following sources:

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slide2

Kent Avenue Apartments – 101 unit residential apartment building for seniors (55 and over) and people with disabilities.

slide3

Financial assistance was provided from the following sources:

Jersey Housing and Mortgage Finance Agency (NJHMFA) – Low Income Housing Tax Credits, Home Express, Special Needs Housing Trust Fund

New Jersey Department of Community Affairs (NJDCA) – New Jersey Affordable Green funds, Small Cities Community Development Block Grant, Deep Subsidy

PNC Multifamily Capital – Tax Credit Equity and Construction Loan

Harvest Community Bank – FHLB NY Member and Letter of Credit for construction contract

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The set-up and crane to drive pilings and the cinched pilings. The pilings were weight tested and then cut off at a set level. The remaining steel was recycled.

high efficiency heat hot water
High Efficiency Heat/Hot Water
  • Hot water via gas-fired instantaneous hot water heater
  • Hot water is used to heat the coil in the Air Handler
  • Circuit Board within Air Handler controls the delivery of hot air to meet individual temperature controls
other green features
Other Green Features
  • Low VOC Paints and Sealants
  • Concrete with fly ash used for the foundation
  • Carpet With Recycled Content
  • Recycling Centers in Common Areas
  • Recycling Areas in Kitchens
  • Rooftop Solar System
rooftop solar system
Rooftop Solar System
  • In 2008 installed a 100 kilowatt solar rooftop system
  • 462 solar panels, Sharp 216 Watt Modules, Installed on a Ballast Frame, Zantrex GT 100 Inverter, Weight 61,000 pounds
  • The system is sized to meet the common area electric load
  • Significantly reduces both consumption of non-renewable energy and operating costs.
  • In its life span, the system will produce 2,764,375 kWh of electricity.
  • The environmental benefit is equal to 1,450 tons of avoided CO2 emissions, 19,725 trees planted, or 2,193,950 miles not driven in a car.
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Solar Financing SREC’s are a tremendous project benefit but still a new source of revenue and difficult to underwrite to support new debt