|Green Construction Loan
|Alternative Energy Generation/ Renewables; Energy Efficiency/ Demand Response
|Borrower must be a building owner
|Loan principal plus interest; cost varies by project and technology
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.
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.
Call 646.797.4630 or email firstname.lastname@example.org for further information.