Iowa Finance Authority

Multifamily GREEN Program

The Multifamily GREEN Program was created to encourage the adoption of energy efficient equipment and upgrades by affordable multifamily properties in Iowa. If your facility is eligible, you will receive a free energy review by The Energy Group, a comprehensive report with energy savings recommendations. If your facility has immediate energy savings potential, you may receive upgrades, such as no-cost compact fluorescent bulbs, faucet aerators and efficient shower heads for installation throughout the property.


  • Annual long-term cash savings following energy saving rehabilitation
  • Heating and cooling savings
  • Increased comfort for tenants
  • Reduction in utility and maintenance costs
  • Maintained or reduced rent for tenants
  • Improved marketable property resulting in reduced vacancy

The program is a partnership between the Iowa Finance Authority, Alliant Energy, Black Hills Energy, MidAmerican Energy and the Iowa Utility Association.

Notice Contact

Carolann Jensen | Chief Programs Officer