Limited Incentive Offer to Comply With Local Law 97
Local Law 97, enacted in 2019 as part of New York City’s Climate Mobilization Act, sets caps on greenhouse gas emissions for most buildings over 25,000 square feet. To help affordable housing buildings comply with Local Law 97, we provide incentives to multifamily buildings that work with approved participating contractors to make energy efficiency upgrades.
Certain affordable multifamily buildings can meet requirements by making upgrades from a list of Prescriptive Energy Conservation Measures, under Article 321.
|
Upgrades |
Incentives |
|---|---|
|
Upgrades Air Sealing |
Incentives $5 / Therm |
|
Upgrades Boiler Clean and Tune |
Incentives $500 / Boiler |
|
Upgrades Common Area Lighting |
Incentives $65 / Dwelling Unit |
|
Upgrades Energy Management Systems |
Incentives $150 / Dwelling Unit |
|
Upgrades Master Venting |
Incentives $50 / Dwelling Unit |
|
Upgrades Pipe Insulation |
Incentives - less than 2" / $5 a foot |
|
Upgrades Steam Traps |
Incentives $400 / Dwelling Unit |
|
Upgrades Tank Insulation |
Incentives $1,000 / Building |
|
Upgrades Thermostatic Radiator Enclosure |
Incentives $400 / Dwelling Unit |
|
Upgrades TRVs & Orifice Plates* |
Incentives $100 / Dwelling Unit |
*TRVs and Orifice Plates must be installed together. Even if one already exists, it should be replaced as part of the project.
This is a limited offer. Buildings will receive incentives on a first-come, first-served basis. Funding is limited to three buildings per owner. To submit more than three buildings, all buildings must be under 100 units and are subject to review on a case-by-case basis.
To qualify, buildings must install at least three measures from the list.
Eligibility
- Affordable multifamily housing buildings, 25,000–75,000 sq. ft. with 5+ units
- Con Edison gas customers
- Buildings not already in compliance with LL97 2030 limits
- Buildings subject to LL97’s Article 321, including:
- Greater than 35% rent-regulated units
- HDFC co-ops
- HUD project-based assistance, including buildings on NYC Housing Authority land that participate in PACT/RAD
How to Apply
To apply, contact Con Edison or NYC Accelerator. We will confirm your eligibility, identify qualifying upgrades, provide a list of participating contractors, and help you submit your application.