$24M fund for landlords to reduce fossil fuels in affordable housing

The city’s affordable housing landlords will soon have access to a $24 million fund they can use to reduce the carbon footprint of their buildings, Gov. Kathy Hochul announced Monday.

More than 1,200 below-market units will be eligible for retrofits that include replacing fossil fuel–based heating and cooling systems with more energy-efficient heat pumps.

The state Energy Research and Development Authority and the New York City Department of Housing Preservation and Development are partnering on the program to support New York’s goal to reduce greenhouse gas emissions 85% by 2050.

“This new partnership between NYSERDA and HPD will make it easier for affordable housing developments in New York City

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