MTC - Massachusetts Green Communities Loan (Massachusetts)
Last modified on May 23, 2011.
Financial Incentive Program
|Name||MTC - Massachusetts Green Communities Loan|
|Incentive Type||State Loan Program|
|Applicable Sector||Low-Income Residential, Builders/Developers|
|Eligible Technologies||Photovoltaics, Wind|
|Energy Category||Renewable Energy Incentive Programs|
|Amount||Varies per project|
|Maximum Incentive||500,000 per project|
|Program Budget||$8.5 million total for grants and loans|
|Program Administrator||Massachusetts Housing Finance Agency|
|Date added to DSIRE||2007-05-23|
|Last DSIRE Review||2008-05-28|
In a cooperative effort with Enterprise Community Partners, Inc., MassHousing and The Massachusetts Technology Collaborative (MTC) have established the Massachusetts Green Communities™ partnership. Within this cooperative effort, MassHousing’s Green Affordable Housing Development Program seeks to promote the construction of renewable energy generation systems in affordable housing developments financed by MassHousing or the Affordable Housing Trust Fund.
MassHousing, through an $8.5 million Renewable Energy Trust (RET) funding award, offers feasibility grants, design grants and construction grants or loans for installing renewable energy systems. Larger multifamily affordable rental housing developments that meet ENERGY STAR standards may qualify for funding for a renewable energy system greater than or equal to 10 kW (100 kW for wind power projects). For more information contact Ray Johnson at firstname.lastname@example.org or visit www.masshousing.com.
|Contact Name||Decia Goodwin|
|Department||Massachusetts Housing Finance Agency|
|Address||One Beacon Street|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.