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ESG & Impact

Housing is the impact.

Every unit Gr3ySpace builds or preserves is affordable by contract. The mission is embedded in the asset class — not layered on top.

E

Environmental

New construction targets ENERGY STAR Multifamily New Construction certification at minimum, with rehabilitations achieving a 25% energy use reduction relative to baseline. All-electric where grids and codes permit.

  • ENERGY STAR appliances and LED lighting fund-wide
  • Low-flow plumbing and drought-tolerant landscaping in water-stressed markets
  • Solar-ready roofs on all new construction
  • EV charging infrastructure at properties with 100+ units
S

Social

Affordability is contractual and durable. Restrictions run 30 to 55 years depending on program; every fund extends affordability wherever tax credit or bond structures allow.

  • No income-based displacement during renovations
  • Resident services programming at every stabilized property
  • Section 3 hiring commitments on HUD-funded work
  • MBE/WBE participation goals on every construction budget
G

Governance

Investment discipline, conflict management, and reporting integrity are enforced by an independent LP Advisory Committee and a valuation committee walled off from deal teams.

  • Independent LPAC on every fund
  • Written valuation, allocation, and conflicts policies
  • Annual audit by PricewaterhouseCoopers LLP
  • Whistleblower channel with retaliation protection
Impact measurement

Numbers the platform reports.

UnitsAffordable units delivered and preserved, tracked by fund and by AMI band (30, 50, 60, 80)
DurationWeighted-average years of remaining affordability restriction across the platform
EnergykWh and therms saved versus code baseline on new construction and rehab
JobsConstruction jobs created, Section 3 hires, and MBE/WBE contract dollars

Impact metrics are reported annually in the Gr3ySpace Impact Report and are ILPA- and UN PRI-aligned. Gr3ySpace is a signatory to the UN Principles for Responsible Investment.

Alignment frameworks

How the platform maps to global standards.

Gr3ySpace strategy and reporting align with the UN Sustainable Development Goals — principally SDG 1 (No Poverty), SDG 10 (Reduced Inequalities), and SDG 11 (Sustainable Cities and Communities). Fund-level disclosures follow ILPA reporting templates and the SASB Real Estate standard where applicable.