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There is no question that investing in energy efficiency upgrades has the potential to deliver substantial financial, environmental, and health benefits to building owners and residents.

Commercial PACE for Affordable Multifamily Housing

C-PACE is a financing structure that enables owners of commercial, industrial and multifamily residential properties to obtain affordable, long-term funds for 100% of the cost of energy and water efficiency retrofits (as well as for distributed generation investments). 

 

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The need for owners to navigate a complex landscape of clean energy and water programs greatly inhibits participation in multifamily efficiency programs nationwide.

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EEFA commissioned this study to estimate the potential energy savings from the implementation of efficiency measures in affordable multifamily housing in nine states — Georgia, Illinois, Maryland, Michigan, Missouri, New York, North Carolina,

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