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May

20

2024

MHP offers new slate of incentives for Green Retrofits

Improving energy efficiency and reducing the carbon emissions of the 37,000+ existing multifamily buildings across the state is a crucial component in achieving more resilient communities and meeting the Commonwealth’s climate goals. In recognition of this, MHP’s Green Retrofit Financing Program now incentivizes a broader spectrum of energy use reduction projects, with the highest level of incentive – a 35 basis point interest rate reduction – for projects that reduce their energy use intensity by at least 50% or pursue an eligible deep energy reduction retrofit certification.

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