KCDC invests in LED lighting for energy efficiency, cost savings

Scott BirdUncategorized

Knoxville’s Community Development Corporation (KCDC) has invested $150,000 to upgrade six affordable housing properties with LED lighting to save money on utility and maintenance costs and create safer environments. The light-emitting diode bulbs use less wattage than traditional incandescent bulbs, which allows them to consume less energy and last longer.

KCDC has converted exterior lights to the energy-efficient LED bulbs at Cagle Terrace, Guy B. Love Towers, Northgate Terrace and Isabella Towers, all of which serve the seniors and people with disabilities. In addition to energy savings, the improved lighting will better illuminate parking lots and help residents feel more secure.

“KCDC is always seeking ways to improve energy efficiency and save on utilities,” Sean Gilbert, senior vice president of housing for KCDC, said. “Converting to LED lighting is a key part of our goal to enhance KCDC properties to be better for the environment and our residents.”

Additionally, KCDC has begun replacing some interior lighting in residential units at Mechanicsville and Valley Oaks Apartments, and residents there should see lower utility bills. The lighting upgrades are part of the units’ conversion from public housing to the Rental Assistance Demonstration (RAD) program.

The U.S. Department of Housing and Urban Development (HUD) created the RAD program in 2012 to help public housing agencies leverage public and private debt and equity to reinvest in affordable housing stock without depending on federal funds. KCDC is in the process of converting much of its public housing stock to the RAD program.

KCDC expects to see a return on the $150,000 investment in approximately five years.

Since 1936, KCDC has been dedicated to enhancing the quality of life for the citizens of Knoxville. KCDC’s mission is to improve and transform neighborhoods and communities by providing high-quality affordable housing, advancing development initiatives and fostering self-sufficiency. For more information, call 865-403-1100 or visit https://www.kcdc.org.