This report describes the multiple benefits of energy efficiency in multifamily retrofit programs and discusses particular ways of establishing their value so administrators can include them in cost-effectiveness testing. Multiple benefits are the impacts of energy efficiency improvements beyond energy savings. Most tests used by regulators do not include the value of benefits beyond the cost of energy saved, even though the tests are designed to include them. Such benefits are particularly relevant to multifamily efficiency programs where outcomes like reduced maintenance, health, and comfort are salient results of energy efficiency work.