New York S01335 amends the municipal sustainable energy loan program to include qualifying water improvements, resiliency improvements, and low.
New York S01335 amends the general municipal law to expand the municipal sustainable energy loan program. This program now includes loans for qualifying water improvements, qualifying resiliency improvements, and low carbon intensity building components in cities with a population of one million or more. The bill defines these terms and specifies criteria for energy audits and feasibility studies. It also sets limits on the amount of loans based on property value and cost of improvements. The municipal corporation must verify the installation and performance of these improvements.
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