New Options for Financing Energy Efficiency
HUD is exploring or testing several options for financing energy efficiency in HUD-assisted properties.
- Pay for Success
In November 2015, Congress authorized an innovative "Pay for Success" energy efficiency demonstration in up to 20,000 HUD-assisted multifamily units.
- California Multifamily PACE
In January 2015, HUD joined with the State of California to develop h a Multifamily PACE pilot to include HUD-assisted properties. HUD guidance is provided here
- Briefing Slides are here