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No longer accepting applications
NJ Cool Program
New Jersey — state programGrant awards will cover 50% of eligible project costs up to a maximum award of $1,000,000 per project (with a minimum award amount of $50,000 per project)
A $30 million pilot program launched by the NJEDA to provide financial assistance to commercial, industrial, and institutional building owners and tenants undertaking retrofit construction projects that reduce operating greenhouse gas emissions from existing buildings in State-designated Overburdened Community and Adjacent Community census blocks. Grant awards reimburse applicants for eligible hard construction costs from projects that upgrade building heating and cooling systems to less polluting alternatives, as well as implement other energy efficiency measures or on-site renewables. Funded by Regional Greenhouse Gas Initiative (RGGI) proceeds.
Program details
- Type
- grant
- Amount
- Grant awards will cover 50% of eligible project costs up to a maximum award of $1,000,000 per project (with a minimum award amount of $50,000 per project)
- Eligibility
- Commercial, industrial, or institutional building owner OR a commercial, industrial, or institutional tenant with landlord/building owner approval; must have a valid NJ tax clearance certificate no older than 180 days at time of application approval; must be in good standing with NJ DOL and NJ DEP; must demonstrate proof of funding/financing for estimated project costs plus 15% contingency. Building must be an existing structure located in an NJ Environmental Justice Law designated Overburdened Community or Adjacent Community census block, or in Newark, Edison, or Atlantic City, and meet speci
- Status
- closed
- Administrator
- New Jersey Economic Development Authority (NJEDA)
- More Info
- https://www.njeda.gov/njcool/
Source: New Jersey — state program. Confirm current terms with the administering agency before applying.