Affordable multifamily partners

Thank you for your interest in energy efficiency financing for affordable multifamily housing. Local government and community-based organizations have a key role to play in making sure the comfort and savings from energy efficiency upgrades are shared by Californians across all income levels. For more information and downloadable resources, please see the program features and resources below.

Program features

  • Administered by the State of California and supported by the state’s major investor-owned utilities
  • Designed for properties of 5 or more units where at least 50% of the units are income-restricted at Low to Moderate (80-120% area median income). Properties must maintain affordable designation for at least five years
  • Broad range of energy efficiency projects qualify, from HVAC replacements to window sealing
  • Up to 30% of the credit-enhanced amount can be used for nonenergy efficiency projects such as landscaping or remodeling
  • Capital provided by private finance companies
  • No minimum or maximum financing amount (participating finance companies may have limits)
  • “Off balance sheet” options for funding projects

Resources

multifamily partners

For more information

For more information on partnering with the Affordable Multifamily Financing program, please contact us