Commercial PACE for Affordable Multifamily Housing
Since 2009, more than 30 states have enacted Commercial Property Assessed Clean Energy (C-PACE) legislation, an innovative tool that commercial, industrial and multifamily property owners can use to secure affordable, long-term financing for energy upgrades to their buildings.
Energy Efficiency for All is dedicated to linking the energy and housing sectors together in order to tap the benefits of energy efficiency for millions of low-income families. We work with electric and gas utilities and their regulators interested in innovative energy efficiency program designs. We advise housing finance agencies on best practices in building owner engagement and finance products. We collaborate with owners, managers, businesses and advocates in order to achieve energy savings in multifamily properties.
Affordable housing is often viewed by efficiency professionals as “hard to reach” sector. But studies have shown that existing multifamily affordable buildings are a vast source of energy efficiency potential for utilities, and can help maintain housing affordability, reduce pollution, and create healthier more comfortable living environments for residents.
EEFA’s new “Program Design Guide: Energy Efficiency Programs in Multifamily Affordable Housing” identifies 12 best practices for policymakers, regulators, and program administrators to effectively increase the energy efficiency of multifamily affordable housing.
Leading states and utilities are demonstrating best practices across the nation. See how apartment buildings can maximize their tremendous energy savings potential through successful program design