Affordable Multifamily Financing Program
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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Highlights
- Now available: Revised list of Energy Saving Measures for Small Business Financing program
Updated 7/1/2019 - Final regulations for Affordable Multifamily Financing program adopted
Updated 5/9/2019 - Small Business Financing program enrolling contractors and finance companies under limited launch
Updated 5/2/2018
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Overview
CAEATFA is launching the Affordable Multifamily Energy Efficiency Financing Program (Program), designed to leverage and complement existing efforts to finance affordable multifamily energy efficiency retrofits and to encourage growth in private-market energy efficiency lending.
The Program targets affordable multifamily properties where at least 50% of the units are restricted to income-eligible households 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.
An on-bill repayment option is scheduled to be added to the program in 2020.
Status
The Affordable Multifamily Energy Efficiency Financing program is open for enrollment to finance companies.
- Click here to access the Program Application
Regulations
Regulations for the Affordable Multifamily Financing program took effect on May 9, 2019. View the AMF regulations webpage for more information regarding the rulemaking process and to view the current regulations.
Additional information on the Affordable Multifamily Program can be found at GoGreenFinancing.com/multifamily.