| Program | Multifamily Navigator Pre-Development Energy Loan Program |
|---|---|
| Category | Financial Incentive |
| Implementing sector | State |
| Last Update | |
| State | Connecticut |
| Administrator | Inclusive Prosperity Capital |
| Website | https://inclusiveprosperitycapital.org/products/navigator/ |
| Technologies | Solar Photovoltaics |
Inclusive Prosperity Capital’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
For projects being designed to achieve high-performance building standards like Passive House, 80% of all pre-development costs are eligible, including permitting, legal, and environmental fees. For other projects, 80% of pre-development costs related to clean energy, health and safety, and resiliency improvements are eligible.
- Energy benchmarking, opportunity assessments, audits
- Green charrettes and physical needs assessments
- Assessments of energy-related health and safety and resiliency issues
- Energy-related health and safety assessments
- Design, engineering and bidding work
- Costs to secure energy upgrade project financing
- Other reasonable expenses needed to get your energy project designed and funded
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