New York A01266 establishes a loan fund for hospitals and multiple dwellings to reduce energy costs.
New York A01266 creates the hospital and multiple dwelling energy loan program. The program establishes a loan fund to provide zero or low interest loans and interest rate reductions to hospitals and multiple dwellings in economically distressed and non-distressed areas. Eligible projects include energy efficiency improvements and advanced energy technologies. Hospitals and multiple dwellings must identify an eligible improvement project and receive a loan commitment from a participating lender.
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