| Program Name: | Green Construction Loan |
| Program Sponsor: | NYCEEC |
| Program Type: | Financing |
| Technology: | Energy Efficiency/Demand Response; Renewables |
| Eligibility: | Owners of multifamily, commercial, industrial, and institutional properties |
| Cost: | None |
Description
The Green Construction Loan offers a minimum of $300,000 in loans for building owners looking to finance up to 90% of their eligible energy efficiency and clean energy technology projects (up to 100% for affordable multifamily properties). This loan offers construction financing and multiple draws.
Eligibility
Borrower must be a building owner.
Eligible buildings include Multifamily, Commercial, Industrial, and Institutional.
Eligible energy efficiency and clean energy technologies include building enclosures, HVAC and controls, lighting, domestic hot water, demand response, energy storage, solar photovoltaic, combined heat and power, fuel conversion, deep energy retrofits, high-performance buildings, and other technologies and applications evaluated on a case-by-case basis.
How to Apply
Send a message to NYCEEC Building Financial Solutions through their Get Started Portal.
Contact Information
Call 646.797.4630 or email greenloans@nyceec.com for further information.