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NYSERDA
FUNDING OPPORTUNITY DETAIL
Current Funding Opportunities
Closed Funding Opportunities
Loan Loss Reserve to Catalyze Clean Energy Financing in NYS Communities (PON 4378)
Due Date:
Continuous
Description
The New York State Energy Research and Development Authority (NYSERDA) requests applications from entities for Loan Loss Reserve/Credit Enhancement support for financing products which support clean energy improvements in residential (1-4 unit) dwellings, small commercial (100 employees or less), not-for-profit and multifamily (5+ unit) buildings (Eligible Properties) located in New York State Communities . The Loan Loss Reserve will provide reimbursement for defined losses on individual transactions. Initial awards to qualified Applicants will be based on the Targeted Building Sector proposed. Applicants need to apply separately for each proposed Sector. Maximum initial awards are as follows:
Residential (1-4 unit) Sector: Five hundred thousand dollars ($500,000)
Small Commercial Sector: Five hundred thousand dollars ($500,000)
Multifamily (5+ unit) Sector: One million dollars ($1,000,000)
Not-for-Profit Sector:
One million dollars ($1,000,000)
Application Submission
Apply Online
Associated Documents
PON 4378 - Loan Loss Reserve to Catalyze Clean Energy Financing in NYS Communities
[PDF]
Attachment A - Application - see above "Apply Online" for Application
Attachment B - Program Terms and Conditions
[PDF]
Attachment C - Claim Form
[PDF]
Attachment D - Monthly Report
[XLSX]
Attachment E - Loan Loss Reserve Illustrative Guidelines for Eligible Technologies
[DOCX]
Vendor Assurance of No Conflict of Interest or Detrimental Effect
[PDF]
Summary of Revisions
[PDF]
Contact
John Joshi
(212) 971-5342, Ext. 3636
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