Climate Friendly Homes Fund
The Climate Friendly Homes Fund from Homes and Community Renewal supports electrification and energy upgrades in NY affordable multifamily housing to cut building-related greenhouse gas emissions.
Funder: Homes and Community Renewal
Due Dates: Rolling (applications accepted until funds are exhausted or program ends)
Funding Amounts: Up to $25,000 per unit for electrification | Up to $7,000 per unit for enabling upgrades | Up to $5,000 per unit for on-site solar PV
Summary: Supports electrification and energy upgrades in multifamily affordable housing in New York State to reduce greenhouse gas emissions.
Key Information: Mandatory pre-application meeting required before applying.
Description
The Climate Friendly Homes Fund, administered by New York State Homes and Community Renewal (HCR), provides financial support for the electrification and decarbonization of multifamily affordable housing. The fund is part of the state's broader strategy to reduce building emissions and advance climate and housing goals, including the electrification or weatherization of 50,000 homes. Funding is available for heating and hot water system electrification, building envelope improvements, ventilation, electrical upgrades, and optional on-site solar PV systems. The program aligns with the Climate Leadership and Community Protection Act and aims to achieve significant reductions in greenhouse gas emissions from buildings.
