California Alternative Energy and Advanced Transportation Financing Authority

GoGreen Multifamily Energy Financing

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Contact Information

If you have any questions about the California Hub for Energy Efficiency Financing pilot programs, please contact cheef@treasurer.ca.gov or (916) 651-8157.

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Overview

CAEATFA's GoGreen Multifamily Energy Financing program (GoGreen Multifamily) is designed to leverage and complement existing efforts to finance multifamily energy efficiency retrofits and to encourage growth in private-market energy efficiency lending.

GoGreen Multifamily targets affordable and market-rate multifamily properties and features a credit enhancement to help financing entities mitigate risk. Products supported include loans, leases, equipment financing agreements, service agreements and savings-based payment agreements. The GoGreen Multifamily financing options chart lists up-to-date offerings from participating finance companies.

Partner Resources

Status

GoGreen Multifamily is open for property owners to finance energy efficiency upgrades and for additional finance companies to enroll in the program.

Regulations

The regulations for the GoGreen Affordable Multifamily Energy Financing program received approval from the Office of Administrative Law and became effective on June 17, 2020. This formalized the program rules initially authorized under emergency regulations (which can be implemented in a shorter time period) and completed the regular rulemaking process.

Additional information on the program can be found at GoGreenFinancing.com/multifamily.