Working closely with best-in-class partners to realize efficiencies for prolonged housing affordability.
Implementing energy efficiency and water conservation improvements for the long term.
Investing in critical property rehabilitations to ensure safe sanitary housing in good repair for all.
Joining 5,000 global institutional investors with a mission to create a more sustainable world.
We are proud to be a 2024 Freddie Mac Multifamily Impact Sponsor.
The Impact Sponsor cohort comprises sponsors who have shown significant results in providing affordable housing options, offering resident-centered services, and/or implementing sustainability practices at their properties.
The Freddie Mac Multifamily Impact Sponsor Program was started in 2021, and continues to recognize sponsors who go above and beyond advancing social impact across their portfolios.
Subscribing to positive impact programs: we are pleased to comply with programs such as the Freddie Mac Green Up and California TCAC Sustainable Building Method and Minimum Construction Standards among others.
Water conservation initiatives: upon taking ownership, our standard suite of capital improvements also result in notable water savings.
Reducing energy consumption: upon taking site control, our standard suite of capital improvements substantially decreases property-wide energy usage.
gallons post-rehab water savings per year across portfolio
kBTU post-rehab energy savings per year across portfolio
water savings for top-performing project in portfolio
post-rehab energy savings for top-performing project in portfolio
Decent housing for all: safe shelter in good repair for persons of all color, race, nationality, religious beliefs, sexual orientation, age, disability and family status.
Preservation of affordable housing: reinvesting in capital expenditures to improve the structures and grounds for vulnerable communities, and extending affordability when feasible.
Promoting stakeholder diversity: supporting minority-and women-owned business enterprises (“MWBEs”) through our operations. We are an equal opportunity firm believing that diversity leads to more perspectives, thoughtful discussions and ultimately better decisions.
committed hours of after-school programs and instructor-led educational, health and wellness, and skill-building classes, including:
dollars spent in renovations raising the standard of affordable housing
Principle 1: Incorporate ESG issues into investment analysis and decision-making processes.
Principle 2: Be active owners and incorporate ESG issues into our ownership policies and practices.
Principle 3: Seek appropriate disclosure on ESG issues by the entities in which we invest.
Principle 4: Promote acceptance and implementation of the Principles within the investment industry.
Principle 5: Work together to enhance our effectiveness in implementing the Principles.
Principle 6: Report on our activities and progress towards implementing the Principles.
Spira is a signatory of the United Nations Principles for Responsible Investment. The principles were developed by an international group of institutional investors reflecting the increasing importance of ESG issues as it relates to investment practices.