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    <loc>https://www.thehedgerowgroup.com/contact-1</loc>
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      <image:title>Contact</image:title>
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    <loc>https://www.thehedgerowgroup.com/about</loc>
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    <lastmod>2022-04-13</lastmod>
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      <image:title>What We Do</image:title>
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    <loc>https://www.thehedgerowgroup.com/contact</loc>
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      <image:title>Contact</image:title>
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    <loc>https://www.thehedgerowgroup.com/our-team</loc>
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    <lastmod>2023-01-12</lastmod>
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      <image:title>Who We Are - Walter Mendoza - Managing Partner wrmendoza@thehedgerowgroup.com</image:title>
      <image:caption>Tobias Keene, D.D.S. Hailing from Richmond, Virginia, Dr. Tobias Keene brings a bit of unabashed Southern hospitality to all his patients. He moved to Washington, D.C. over thirty years ago as a freshman at Ivy College. Right after graduation, he attended World University’s School of Dentistry. Before opening Keene Dental in 1994, he worked for free clinics and some of the finest practices in the District. He is part of the 123 Dental Association and stays up-to-date on the latest dental discoveries. When not striving to keep his patients happy and healthy, he’s enjoys hiking with his family in Rock Creek Park.</image:caption>
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    <loc>https://www.thehedgerowgroup.com/press</loc>
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    <lastmod>2021-09-03</lastmod>
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      <image:title>Testimonials</image:title>
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    <loc>https://www.thehedgerowgroup.com/newsletter</loc>
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    <lastmod>2026-03-25</lastmod>
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      <image:title>Resource Center</image:title>
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    <lastmod>2026-03-23</lastmod>
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    <loc>https://www.thehedgerowgroup.com/store</loc>
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    <lastmod>2023-09-27</lastmod>
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    <loc>https://www.thehedgerowgroup.com/work-1</loc>
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    <priority>1.0</priority>
    <lastmod>2026-03-25</lastmod>
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      <image:title>Work - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/5fc65abf16f6d44b07e3d609/29ab0f07-331e-4d13-a051-a3dc63230565/Harvard+Study+Icon.png</image:loc>
      <image:title>Work - March 23, 2026: Residential Aid Discounts Revisited</image:title>
      <image:caption>The latest findings from Harvard Joint Center for Housing Studies, as summarized by Novogradac, point to a rental market that is stabilizing on the surface, but becoming structurally less affordable. Even as rent growth moderates and vacancies tick up, a growing share of renters are cost-burdened. This widening affordability gap leaves less room in household budgets for essential utilities like electricity, effectively increasing the share of income spent on energy. As a result, energy burden is rising not because utility rates alone are spiking, but because housing costs have already consumed a disproportionate share of income. Continue reading here.</image:caption>
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      <image:title>Work</image:title>
      <image:caption>March 6, 2026: How Global Energy Events Could Affect Utility Costs in the U.S. Over the past several weeks, rising tensions and conflict involving Iran have pushed global oil prices higher. Not even a month, ago Brent Crude was trading in the $60/barrel range while now it is above $100. While most people immediately think about gasoline prices when oil rises, the effects often extend further particularly into electricity and natural gas markets that ultimately influence residential utility costs across the United States. Continue reading here.</image:caption>
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    <image:image>
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      <image:title>Work - January 27, 2026: Unlocking $3.9 Million in Hidden Revenue Through Utility Allowance Optimization</image:title>
      <image:caption>I wanted to share an audit we recently completed for a national client of ours. Hedgerow’s Energy Consumption Modeling (ECM) based utility allowance analyses generated potentially an estimated $3,921,112 in additional net revenue across their Low Income Housing Tax Credit (LIHTC) portfolio for CY 2025. This analysis assumes properties were near maximum allowable rents and able to realize rent increases enabled by ECM-derived allowances in lieu of Public Housing Authority (PHA) schedules. The results demonstrate a material, repeatable financial benefit that compounds as this company continues to acquire new assets. Continue reading here.</image:caption>
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      <image:title>Work - December 2, 2025: Momentum in Delaware for LIHTC Development Continues to Grow</image:title>
      <image:caption>Delaware’s affordable housing landscape continues to gain momentum, supported by expanding activity through the Low Income Housing Tax Credit (LIHTC) program and by sustained population growth driven by the state’s favorable tax climate. With more individuals and families relocating to Delaware for its lower tax burden, no sales tax, low property taxes, and proximity to major East Coast job markets, demand for high quality, affordable housing continues to rise across all counties. Continue reading here.</image:caption>
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    <image:image>
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      <image:title>Work - October 22, 2025: Utility Allowances: The Quiet Force Shaping Affordable Housing Rents</image:title>
      <image:caption>In the complex world of affordable housing finance, few details have a more subtle yet powerful effect on project economics than utility allowances. The recent Tax Credit Tuesday discussion between Michael Novogradac and Thomas Stagg, CPAs at Novogradac &amp; Company, highlighted this often-overlooked dynamic, showing how changes in utility costs can erode net rental income even when rent floors appear to provide stability. Continue Reading here.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/5fc65abf16f6d44b07e3d609/bebb6473-be07-47ef-9c19-099273a9f341/Energy+Futures+and+Utility+Allowances.png</image:loc>
      <image:title>Work - August 20, 2025: Energy Futures: Your Guide to Smarter Utility Allowances</image:title>
      <image:caption>What Are Energy Futures? They are contracts that indicate where wholesale electricity and natural gas prices are expected to be in the months ahead. By monitoring these trends, you can forecast whether rates are likely to rise or fall and plan your utility allowances accordingly. Continue reading here.</image:caption>
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    <loc>https://www.thehedgerowgroup.com/work-1/project-one-znx8s</loc>
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    <lastmod>2020-12-01</lastmod>
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