Program | Multifamily Navigator Pre-Development Energy Loan Program |
---|---|
Category | Financial Incentive |
Implementing sector | State |
Last Update | |
State | Connecticut |
Administrator | CT Green Bank |
Website | http://ctgreenbank.com/programs/multifamily/navigator/ |
Technologies | Solar Photovoltaics |
Connecticut Green Bank’s Navigator Pre-Development Energy Loan is a simple, unsecured pre-development loan that funds customized analysis and design of energy improvements for multifamily properties using owner-selected and managed technical service providers.
Eligibility
The program is open to multifamily housing properties with 5 units or more. Income eligible and market rate properties can participate (Private and non-profit owners, public housing authorities, senior/assisted living communities, condominium/co-op associations, etc.)
Program Description
The Navigator loan program allows property owners to select and manage their own service professionals. Owners cover 25% of pre-development costs; Connecticut Green Bank loans 75% of costs. Eligible costs include: