Climate Friendly Homes Fund (CFHF)
Funding Amount
$250 million total fund
Deadline
Rolling / Open
Grant Type
foundation
Overview
Climate Friendly Homes Fund (CFHF)
Funder: The Community Preservation Corporation (CPC) in partnership with New York State Homes and Community Renewal (HCR)
Status: Application portal is currently closed to new applications
Geographic Scope: New York State
Focus Areas:
Funding Amount: $250 million in New York State funding
Target Impact: Finance electrification retrofits in at least 10,000 units of multifamily housing
- Buildings must have 5-150 residential units located in New York State
- Owners of both regulated affordable and unregulated multifamily rental buildings may apply
- Buildings must meet location requirements: - Subject to regulatory agreement with public agency, OR - Located in Low-Moderate Income Qualified Census Tract (HUD), OR - Located in Disadvantaged Communities (NY State Climate Leadership and Community Protection Act)
Eligibility
- Electrical service upgrades
- HVAC systems replacement with high-efficiency heat pumps
- Domestic Hot Water replacement with high-efficiency heat pumps
- Additional energy conservation measures to optimize new system performance
- Systems commissioning
- Certain soft costs
Eligible Uses
Partners
Lending Partners: Enterprise Community Partners, Inclusive Prosperity CapitalCommunity Partners: Better Community Neighborhoods Inc. (Albany), CDC of Long Island, Home Headquarters (Syracuse), Hudson River Housing (Hudson Valley), Kinetic Communities/KC3 (NYC), Housing Sustainability Advisors, NYCHP (NYC), PUSH Buffalo (Buffalo), RUPCO (Hudson Valley)
Background
Program announced by New York State and CPC in September 2022. CPC was selected through a Notice of Funding Availability to administer CFHF. Program aims to empower small building owners in the transition to a green economy and deliver climate-friendly homes to residents of low- and moderate-income neighborhoods.Contact:
Corporate Headquarters: 220 East 42nd Street, 16th Floor, New York, NY 10017
Phone: 212-869-5300
Email: [email protected]
How to Apply
Application Process
The application portal for the Climate Friendly Homes Fund is currently closed to new applications.
- Income and Expense Template
- Rent Roll Template
- Letter of Authorization
- CFHF Waiver Conditions documentation
Required Documentation
Applicants will need to provide:- CFHF Program Guide
- CFHF Terms Overview
- Info Session for Potential Applicants (webinar slides and recording available)
- FAQ resources
- Technical Assistance Providers list
Program Resources Available
For Current Opportunities
For information on current CPC financial offerings and products to support electrification projects, visit: https://communityp.com/products-services/For HCR sustainability platform and initiatives, visit: https://hcr.ny.gov/sustainability
Focus Areas & Funding Uses
Fields of Work
Categories
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