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Financing to support energy upgrades for multi-family homes
The Connecticut Green Bank is the nation’s first green bank.* Established by the Connecticut General Assembly on July 1, 2011 as a part of Public Act 11-80, Connecticut Green Bank supports the Governor’s and Legislature’s energy strategy to achieve cleaner, less expensive, and more reliable sources of energy while creating jobs and supporting local economic development. The Connecticut Green Bank evolved from the Connecticut Clean Energy Fund (CCEF) and the Clean Energy Finance and Investment Authority (CEFIA), which was given a broader mandate in 2011 to become the Connecticut Green Bank.
Eligible upgrades include:
- HVAC and gas conversion
- Hot water and efficiency
- Renewable energy generation (solar PV, solar thermal, etc.)
- Building envelope
- Qualified health and safety measures
- Multifamily properties (5+ units, market rate and affordable)
- Private and non-profit owners, public housing authorities, assisted living communities, and condominium/co-op associations