Pacific Crest Affordable Housing’s Little Deschutes Lodge II in La Pine was named the winner of the inaugural Novogradac Journal of Tax Credits Renewable Energy Power Awards. Owned by Little Deschutes Lodge 2 LLC, the south Deschutes County project was honored in the small community project category.
The award presentation was made in April in front of renewable energy industry practitioners attending the Financing Renewable Energy Conference in San Francisco, California.
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Little Deschutes Lodge II is a 26-unit, low-income housing tax credit development in La Pine, Oregon. The lodge-style apartment complex offers energy-efficient lighting and ENERGY STAR-rated appliances, as well as a 32.2 kilowatt solar photovoltaic system.
In addition, a solar thermal system with 12 panels and four 120-gallon water tanks, a geothermal cooling and heating system with four miles of underground piping, five heat pumps and an energy recovery ventilation system provide the heating and cooling.
R&W Engineering estimates that the energy-efficient measures will save 298,992 kW and more than $20,000 annually. The energy project received federal investment tax credits of over $50,000 for the complete system.