Real Estate Firm Invests in Freddie Mac’s Green Mortgage Bond

Harbor Group International (HGI) has invested in one of Freddie Mac’s green mortgage bonds that were part of the GSE’s environmental and social impact KG-Deal offerings. The investment includes underlying mortgage loans on workforce housing with low to middle-income households where borrowers are required to reduce energy, water, and or sewer consumption. They must also report energy performance data through a third-party benchmarking consultant and conform to Freddie Mac’s Green Advantage Loan Program guidelines to take advantage of adjusted rates.