Funding opportunities for energy upgrades to multifamily units

 Do you qualify?

  •  Multifamily properties (5+ units, income eligible and market rate)
  • Private and non-profit owners, public housing authorities, senior/assisted living communities, condominium/co-op associations, etc.

Eligible Upgrades:

  • Heating and cooling systems
  • Hot water systems
  • Building envelope
  • Lighting and appliances
  • Water efficiency
  • Renewable energy systems (solar PV, solar thermal, etc.)
  • Conversion from oil or electric to gas
  • Qualified health and safety measures

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Green energy upgrades improve properties and reduce operating costs. These upgrades are also beneficial for the environment. Advantages of energy efficient buildings are obvious, including saving money on energy, an increase in property value, a reduction in tenant utility costs, and improved comfort.

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C-PACE (Commercial Property Assessed Clean Energy) is an innovative financing solution that makes green energy upgrades accessible and affordable for building owners across Connecticut. C-PACE, administered by Connecticut Green Bank, offers 100% financing for a wide range of energy improvements, so building owners can modernize their buildings, lower their energy costs, and increase their bottom line.

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 Nearly any type of commercial property is eligible. Privately owned, non-residential buildings (such as industrial, office, retail, agricultural, nonprofit, multifamily, etc.) can all benefit from C-PACE.


 Contractors develop projects that reduce energy usage, including: lighting, heating and cooling, insulation, motors, pumps, solar panels and other green energy upgrades.