Multifamily Energy Efficiency Improvement Programs - Maryland

Through their multifamily energy efficiency improvement programs, Maryland Department of Housing and Community Development will provide low cost loans and grants with flexible terms for the purchase and installation of energy efficiency improvements in affordable multifamily rental housing developments. 

The purpose of the Maryland Department of Housing and Community Development’s multifamily energy efficiency improvement programs is to promote energy efficiency and affordability in the State’s multifamily rental housing developments for low and moderate income households. These improvements are intended to reduce a building’s energy use and lower utility bills for occupants and owners.

Under these programs, the department will provide low cost loans and grants with flexible terms for the purchase and installation of energy efficiency improvements in affordable multifamily rental housing developments. The program is being undertaken as part of the State’s efforts to: 1) promote energy efficiency and renewable energy sources; and 2) create and preserve affordable rental housing opportunities.

Eligible Types of Housing:

The Maryland Department of Housing and Community Development’s multifamily energy funds are restricted to affordable multifamily rental properties. “Affordable” means rental housing with existing income or rent restrictions, or housing with units that serve tenants with low to moderate incomes, as determined by the department. Multifamily rental housing may include apartment buildings, townhouses, single-family homes, single room occupancy and shared housing facilities with five (5) or more units. Eligible applicants include non-profit organizations, for-profit organizations and governmental entities.

Eligible Activities:

Multifamily energy funds are used to make loans and grants for the purchase and installation of cost effective energy conservation measures identified by an Energy Audit. The department will target (but not be limited solely to) a package of energy conservation measures that collectively demonstrate a minimum Savings to Investment Ratio of 1.1. Selected energy conservation measures are expected to result collectively in a 15 percent or greater reduction in the electric consumption of eligible properties.

Contributed By: 
National Housing Trust

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