State has over $7 million available for low carbon solutions for multifamily buildings

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Gov. Andrew Cuomo has announced that $7.8 million is available through the Low Carbon Pathways for Multifamily Buildings program for owners or managers of multifamily buildings to implement low carbon solutions as part of planned upgrades.

“This funding will support building owners by allowing them to decarbonize buildings and improve energy performance, helping to advance large-scale transformation of the State’s building stock and significantly reduce emissions and combat climate change,” Governor Cuomo said in a statement. “Along with planning support and resources for a variety of buildings, including multi-family and affordable housing, this effort will lead to more energy efficient and cleaner buildings for communities across New York State and help to achieve our aggressive climate goals for a cleaner and greener future.”

The Low Carbon Pathways for Multifamily Buildings program is available on an open enrolment basis through the New York State Energy Research and Development Authority (NYSERDA). It provides support for owners or managers of market-rate or affordable multifamily buildings implementing proven solutions that can be integrated into common types of upgrades in a building lifecycle to significantly improve the building’s energy performance. Solutions fostered by this program will have the potential to be replicated in many of the 1.7 million of affordable housing households across the state.

Owners may choose to implement one or more of four low-carbon improvement packages in their building, including: Building envelope improvements; Ventilation upgrades; Full electrification of the heating and cooling systems with efficient heat pump systems; and partial or full electrification of the domestic hot water generation with efficient heat pumps.

Incentives range from $700 to $5,000 per dwelling unit, depending on the package. NYSERDA will evaluate projects on criteria such as energy savings and cost as well as ease of implementation, solution performance and maintenance needs, tenant receptivity, and avoided penalties/fees. Data collected will be used to inform the wider market.

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