BuildForward Launches Operations
BuildForward announces the launch of its operations, financing high performance construction projects for deep energy efficiency. Initially focusing on the small loan market in and around New York City, the company offers a lending platform providing streamlined construction loan financing for architects, developers and building owners. Through its unit BuildForward Capital LLC, the company operates a high value peer-to-peer network of lenders who fund the loans, and through its division BuildForward Design LLC, the company sources, vets and monitors the construction and delivery of highly energy efficient buildings.
BuildForward Announces Partnership with Green City Force
BuildForward is proud to announce its partnership with Green City Force as a significant step towards developing the community outreach and jobs aspect of its business. Green City Force (named NYC’s Most Innovative Non-Profit for 2013 by the NYC Mayor’s Office) is a Brooklyn-based organization that runs a Clean Energy Corps program, recruiting young people from low-income backgrounds to perform green service projects throughout the city. The GCF venture with BuildForward will integrate Passive House and other energy efficiency techniques into the six-month program for all GCF graduates, increasing the expertise of a pool of potential recruits into the construction industry workforce whose projects BuildForward will fund.
"The financing of energy efficiency is the key to unlocking a pipeline of construction projects, consequently increasing the number and quality of jobs available to GCF graduates. BuildForward’s partnership with GCF will ensure that our graduates are well trained and equipped for the energy efficient construction jobs of tomorrow,” says Lisbeth Sheperd, Executive Director of GCF and a White House Champion of Change in 2013.
BuildForward at the National Passive House Conference
BuildForward is very pleased to announce its establishment of a relationship with PHIUS (Passive House Institute US) with a sponsorship of the 8th Annual North American Passive House Conference, the premier Passive House related event of the year in North America to be held at Pittsburgh from October 15th–19th, 2013. The fundamental core of BuildForward’s architectural philosophy and its energy efficiency standards are drawn from Passive House techniques which are the gold standard in energy efficiency in buildings. BuildForward’s senior management will be at the conference discussing the new lending network’ ability to increase the availability of affordable and streamlined loan products for construction that is truly energy efficient.
BuildForward to announce further partnerships
As BuildForward launches its lending network for energy efficient construction, it will intensify discussions to expand its initial list of partners and team members. Over the next few weeks BuildForward Capital expects to announce a larger group of individual lenders joining the crowdfunded network as well as several institutional partnerships which will allow us to more effectively fund loans above the $5 million level. BuildForward Design LLC is discussing architectural and environmental partnerships which will help us better analyze and monitor the architectural and construction component of the business. We are also in deep discussions with governmental and academic entities to put in place effective systems for post construction measurement and verification, which we believe will be critical to the success of our ultimate mission.