The Malden Housing Authority (MHA) and Siemens Building Technologies (Siemens) today announced the launch of a comprehensive $11.2 million energy-efficiency renovation project in MHA federally assisted public housing developments that will deliver significant savings to the authority while increasing the MHAs sustainability.
The work we now begin with Siemens Building Technologies to create more efficiency, cost savings, and sustainability, while improving the quality of our affordable housing for our residents, shows the power of public private partnerships,†said Steve Finn, the MHAs Executive Director.
This cutting-edge approach to energy efficiency was made possible through the innovative funding created by MassDevelopment and East Boston Savings Bank. Working together, we can improve the quality and energy efficiency of our assisted housing while protecting our environment.
Siemens Building Technologies Division under contract with the Malden Housing Authority will manage an array of energy conservation renovations on the Authoritys housing units and conduct annual measurement and verification of utility consumption and the resulting savings.