1. We put the HOME in housing

2. Introduction Since 1976, Peabody Properties has demonstrated a commitment to quality residential housing that is second to none. 2016 marks our 40 th Anniversary - a reputation that is built upon a legacy of excellence in all that we do. We are a trusted partner specializing in residential and condominium management, marketing, leasing, construction management, capital improvement, relocation, assisted and supportive living services and real estate brokerage. Joined The Department of Energy’s Better Buildings Challenge in June 2014 Commitment to 20% reduction in energy use by 2022  Over 10,000,000 sq ft in housing participating  281 utility property accounts  Baseline year of 2012

3. Participation in Utility and State-funded energy conservation programs: Funding exceeds $10.5 million dollars Estimated energy savings throughout portfolio of over $3 million annually 7,000 units of Affordable Residential Housing improved through energy retrofits at a glance…

4. Blue Elm United Estates 168 Seaver Street, Dorchester MA 285 Units ELECTRIC Electric Retrofit February 2013  $413,679 in no cost funding through LEAN program  Initial Savings: $16,751 in first year  Site energy reduction: 8%

5. GAS Gas Upgrade January 2014  $164,730 in no cost funding through Citizen for Energy  Initial Savings: $36,045 in 2014  Site energy reduction: 37% Borden Place West 181 South Main Street, Fall River MA 110 Units

6. WATER Toilet upgrades at Congregational Retirement Homes in Melrose, MA. 3.5 gpf to Niagara Stealth.8gf in September 2014 Jonathan Cochrane Fuller HouseLevi Gould Investment from RR: $45,198 Anticipated ROI: 1.8 years Savings: $24,259 or 29% Investment from RR: $44,750 Anticipated ROI: 1.6 years Savings: $19,583 or 25% Investment from RR: $51,015 Anticipated ROI: 1.6 years Savings: $19,662 or 24%

7. RECENT UPGRADES Boiler & DHW Upgrades @ Pynchon Apartments, Springfield, Ma. in December of 2015. Partnership with Center of Eco Technology. Columbia Gas incentive for 50% of total project cost. Anticipated savings of 120 tons of CO2 annually, equivalent of powering almost 10 homes every year.

8. Better Buildings Challenge Showcase Project: Powdermill Village Westfield, Ma Energy Efficiency Upgrades:  Oil to Gas conversion  Interior Lighting Control upgrade/Occupancy Sensors  Domestic Hot Water Upgrade  Envelope Upgrades (Building 1)  Water Fixture Upgrades  Project completed in Jan 2015  Measurement & Verification ongoing by New Ecology

9. Thank you! Elizabeth Merzigian Peabody Properties, Inc. Facilities Manager/Sustainability Initiatives Scott Ployer Peabody Properties, Inc. Vice President of Facilities & Capital Planning