NYSERDA Multifamily Financing

New York — state programup to $50,000 per project charging the Wall Street Journal Prime Rate of Interest + 2%, fixed at closing, on its share of the loan

NYSERDA offers building owners, managers, and developers the opportunity to obtain financing on energy-saving building and renovation projects through private commercial lenders. Eligible projects include renewable energy installations (solar, air source heat pumps, ground source heat pumps) and energy efficient improvements.

Program details

Type: loan
Amount: up to $50,000 per project charging the Wall Street Journal Prime Rate of Interest + 2%, fixed at closing, on its share of the loan
Eligibility: Building owners, managers, and developers of multifamily buildings
Status: open
Administrator: NYSERDA
More Info: https://www.nyserda.ny.gov/All-Programs/Multifamily-Financing-Programs

Source: New York — state program. Confirm current terms with the administering agency before applying.

Where it applies

New York

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