Multifamily Building Programs

Futureproof Your Multifamily Property While Boosting Comfort and Energy Savings

There are multiple paths to optimizing your building’s performance, no matter your budget. Integrating energy-saving solutions into your multifamily property can lead to long-term savings and year-round comfort for residents.

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By making energy-efficient upgrades and managing energy at your properties, you can:

Lower operating and maintenance costs and extend the lifespan of your equipment
Increase resident satisfaction by improving the aesthetics and comfort of spaces
Mitigate risk and resident complaints by avoiding unexpected building maintenance issues
Improve the value and marketability of your properties

Opportunities for Multifamily Building Owners

NYSERDA has incentives and technical assistance available to support owners and managers of multifamily buildings, depending on your property’s needs or where you’re at in your energy management journey. Explore the accordions below for available programs, how they work, and available incentives or download NYSERDA's Multifamily Program Menu [PDF].

NYSERDA is a resource for information and guidance on multifamily building programs and energy-related investments. Get in touch at [email protected].

Understand Your Building & Plan Improvements by Identifying Upgrades

Flexible Technical Assistance (FlexTech) Program
How it works. Completing an energy study of your building can help you identify and evaluate opportunities to reduce energy costs and incorporate clean energy into your capital planning. An energy consultant can conduct an energy study of your building or portfolio to help you identify low carbon, energy saving upgrades, resulting in a report that includes a detailed cost-benefit analysis, a holistic look at expected benefits.

Available incentives. NYSERDA offers a 50 percent cost-share for market rate projects and a 75 percent cost-share for affordable projects to produce an objective, site-specific, and targeted study on how best to implement clean energy and/or energy efficiency technologies in your property.

Multifamily Building Solutions Network
Get started. When you enhance the energy performance of your multifamily building, take advantage of guidance and support from our network who will work hand in hand with multifamily building owners to find ways to use energy more efficiently in your building.

Access Support for Energy Improvement Projects

New York State Affordable Multifamily Energy Efficiency (AMEEP)

How it works. Utilities offer incentives for the installation of energy efficient equipment and technology that can reduce overall energy use and maintenance costs, while increasing operating efficiencies and improving tenant comfort.

Available incentives. Affordable multifamily buildings with five or more residential units may qualify for energy efficiency incentives through the comprehensive or non-comprehensive pathways.

Low Carbon Pathways

How it works. Put your low carbon capital improvement plan in motion when you implement a low carbon energy-saving retrofit over time by accessing incentive packages focused on four major building energy systems: Envelope, Heating and Cooling, Domestic Hot Water, and Appliances. Each package is designed to put you on a path toward achieving low carbon performance and to help you work toward compliance mandates.

Available incentives. Receive incentives depending on the package, for installing required upgrades not to exceed 50 percent of total costs of eligible measures for market rate projects and not to exceed 75 percent of total costs of eligible measures for affordable projects. Unlock additional incentives when you install supplemental upgrades.

Multifamily Financing Opportunities

Get started. Explore affordable and flexible financing opportunities through NYSERDA and partner organizations to help you make cost-effective energy improvements to your multifamily building.

NYS Clean Heat - Installation of Heat Pumps for Heating or Hot Water

How it works. Installing a heat pump offers a better way to heat and cool your property making it possible for you to keep your residents comfortable year-round, save energy, and reduce your maintenance expenses. Heat pumps work by drawing heat from the environment and moving it indoors to heat or moving it outdoors to cool your building.

Available incentives. NYSERDA offers free screenings to assess the potential of ground and air source heat pump and variable refrigerant flow technologies to provide heating and cooling solutions in large multifamily buildings. For rebate and financing information, please work with your electric utility. Through the NYS Clean Heat program, electric utility companies offer rebates on both air and ground source heat pumps. Utility listings can be found online at NYS Clean Heat.

Continuous Improvement and Energy Management

Building Operations and Maintenance Workforce Development Training Program
How it works. Building operations and maintenance employees are key to helping building managers and owners reduce energy costs. Improving the skills of these employees can significantly improve building efficiency and reduce operating costs.

Available incentives. NYSERDA will share up to 50 percent of the cost, up to $400,000, to help employers and building owners develop training projects that create the educational strategy, on-site training framework, and tools needed to advance the skills of building operations and maintenance workers.

Explore Renewables & Clean Technology Options

Clean Heating and Cooling (Heat Pumps)

How it works. Using fossil fuels (oil, propane, or natural gas) to heat and cool your business? There are cleaner, safer, and healthier energy efficient technologies, such as heat pumps, that are making it possible for businesses to keep employees comfortable year-round, save energy, and reduce their carbon footprint.

Available incentives. NYS Clean Heat offers rebates for the installation of heat pump technologies. This can be combined with Federal or New York State tax credits.

Charge Ready NY 2.0

How it works. Installing electric vehicle charging stations at your multifamily property can attract and retain residents and contribute to a cleaner environment by helping to reduce air pollution.

Available incentives. NYSERDA offers rebates for the installation of electric vehicle charging stations, up to $2,000 per charging port installed. This can be combined with a New York State tax credit.

Energy Storage

How it works. Energy storage creates a continuous, reliable supply of energy for your building by saving energy from the grid or on-site renewables and then using it as needed. This enables customers to have more control over their energy use during outages and periods of high demand.

Available incentives. NYSERDA offers technical assistance, access to financing and a single up-front payment at a fixed incentive amount per kilowatt (kWh).

NY-Sun

How it works. Incorporating solar power at your multifamily property can reduce your overall energy costs. Depending on your building, you can either go solar by installing panels on your roof or property, or by accessing community solar.

Available incentives. NYSERDA offers incentives and financing to offset the cost of purchasing and installing solar for your building. Also available, incentives when pairing solar and energy storage.

Packaged Terminal Heat Pump (PTHP) Program

How it works. Become a demonstration site for implementing new PTHP products that are intended to be scalable and replicable solutions for multifamily building decarbonization.

Available incentives. NYSERDA offers project funding to cover installation and project management costs of installing PTHP products at qualified demonstration sites.

Plan Ahead for NYC Local Law 97

NYC Local Law 97
Get started. Implementing energy management strategies for your multifamily properties doesn’t happen overnight, so the time to plan is now.

Available support. NYSERDA offers assistance for every step of your building upgrades, including planning improvements, installation, and monitoring performance. NYSERDA’s programs and services can help you unlock the many benefits of saving energy and help you start thinking about Local Law 97.