High Performance Building Report
Fannie Mae's High Performance Building Report
Fannie Mae has created a protocol for conducting energy and water audits, the results of which are detailed in an HPB Report. The protocol, contained in Section 5.09 of Fannie Mae's Form 4099 — Instructions for Performing a Multifamily PCA, provides guidance on the scope of the energy and water audit, and how to calculate and document the projected energy and water cost and consumption savings identified at the Property. The energy audit follows ASHRAE Level II Energy Audit standards and requires the calculation of the Property's ENERGY STAR® Score for Multifamily.
The HPB Report is designed to be an integrated section within the PCA Report, which assesses the overall condition of the property.
Access the Forms 4099 and Form 4099.H to review the scope of the HPB assessment.
Conducting a High Performance Building Assessment
Certain Fannie Mae Green Financing Solutions require that a High Performance Building assessment be conducted. Review the requirements of each Green Financing loan product to confirm if the HPB Report is required. The HPB Report must be ordered by the Lender who, in Fannie Mae's delegated financing model, selects the consultant to conduct the HPB assessment. The Lender must ensure that the vendor selected meet the qualifications stipulated in the PCA and HPB protocols, as published in Form 4099 and Form 4099.H. For assistance on reading an HPB Report, see our Job Aid.
Pre-Qualified HPB Consultants
The following HPB Consultants have been designated as Pre-Qualified by Fannie Mae to produce HPB Reports. Please reach out to the contacts listed for more information, or to order an HPB Report.
Additional consultants are also able to create HPB Reports, but have not yet been designated as Pre-Qualified. Fannie Mae Multifamily is distributing this list to help Lenders identify additional consultants who may be able to complete a Fannie Mae High Performance Building Report according to the requirements of Form 4099. Lenders are responsible for confirming that the consultants selected to complete HPB Reports meet the qualifications listed in Form 4099.
List of HPB Report Consultants