Bay Area Multifamily Building Enhancements Program
Energy Upgrade California’s Bay Area Multifamily Building Enhancements offers cash rebates and no-cost energy consulting for multifamily properties that undertake energy and water upgrades. The program assists in planning energy saving improvements designed to save 15% or more of a building's energy and water usage and provides $750 per unit in rebates to help pay for the upgrade.
The program is open to multifamily buildings with five or more attached dwelling units in the nine county Bay Area (Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, Sonoma).
Work with the program consultant to customize a package of improvements that are expected to save 15% or more of your whole building's energy and water use.
Whole building rebates at $750 per unit
In-unit & common area improvements eligible
Choose your own contractors
No-Cost Energy Consulting
The consultant will discuss your priorities and help you plan the best combination of upgrades for your property. Improvements can include:
Heating & cooling systems
Water heating systems
Lighting & appliances
Building sealing & insulation
Windows & more...
Low Interest Financing
Property owners can access assistance to bring down the interest rate from their lender to finance an energy upgrade. The Bay Area Multifamily Capital Advance Program (BAMCAP) provides loan capital at 0% interest to the lender, which means the property owner only pays interest on the loan capital supplied by the lender.
The program’s share of the financing is limited to no more than 50% of the cost of the approved scope of work minus any program incentives. In addition, the share of the financing is up to $5,000 per unit or $500,000 per project, whichever is less.
In order to benefit from BAMCAP, your lender must agree to participate in the program. The program consultants will work with you to develop a qualifying scope. Scopes that qualify for the BAMBE cash rebate or for PG&E's Multifamily Upgrade Program will qualify for this financing offer.
Fremont Multifamily Building Enhancements Case Study:
Attend an upcoming workshop to learn more about potential building enhancements, benefits of energy and water upgrades, examples of completed projects, and how to participate. The presentation will be followed by a Q&A session where you can ask experts about your particular situation.
Bay Area Multifamily Building Enhancements Info Session
Thu, Nov 17th, 2016 - 12:00pm to 1:30pm
City of Fremont Development Services Center
Niles Conference Room
39550 Liberty Street, Fremont, CA 94538 Register Here
You can also complete the program Interest Form to get started with your free energy consulting and begin reserving your rebates.