Become a Loan-offering Contractor

The New York State Energy Research and Development Authority (“NYSERDA”) administers the Green Jobs - Green New York (“GJGNY”) Loan Fund for Residential Financing (the “GJGNY Loan Fund”) which was authorized by Title 9-A of Article 8 of the Public Authorities Law of the State of New York, as amended (known as the Green Jobs-Green New York Act) to finance energy audits and energy efficiency retrofits or improvements, including solar energy and other renewable installations, for the owners of residential 1-4 family buildings (“GJGNY Loan”).

A participating GJGNY Loan Fund Residential Financing Contractor (“Participating Contractor”) can offer a GJGNY Loan to customers with a household income of greater than 80% of the Area Median Income to install eligible energy efficiency measures.

Follow this process to become a Participating Contractor.

Step 1: Become a Building Performance Institute (BPI) GoldStar Contractor

To become a Participating Contractor, your employees will need to pass BPI certification tests, and your business must be a BPI GoldStar Contractor. Training can help your employees get the preparation they need. Find a training program near you. For additional information, visit BPILink opens in new window - close new window to return to this page..

Step 2: Read the Participation Agreement and Sign Signature Form

Read the current GJGNY Loan Fund Residential Financing Contractor Participation Agreement and the GJGNY Financing Implementation Manual in its entirety. To apply for participation, you will need to complete the Participation Agreement Signature Form. NYSERDA will contact you within 2 weeks of your application to confirm if you have been accepted or not.

If you are an approved Participating Contractor in the Assisted Home Performance with Energy Star® (“AHPwES”) or EmPower New York (“EmPower”) programs or are a Participating Contractor with PSEG Long Island, then a Participation Agreement is required not, though you must complete Step 3 if you have not already done through these programs.

Step 3: Become an Energy Finance Solutions Participating Contractor

To become a Participating Contractor, you will need to also become a participating contractor with Energy Financing Solutions (EFS). EFS, a not-for-profit energy efficiency lending organization competitively selected by NYSERDA to provide residential financing services. EFS reviews applications and originates loans pursuant to underwriting criteria established by NYSERDA. EFS closes on the loan, disburses proceeds to the Participating Contractor from a cash advance pool provided by NYSERDA to EFS, and then submits the loan to NYSERDA’s loan servicer. The EFS participation agreement and other information can be found at opens in new window - close new window to return to this page..

Step 4: Market your services and do Home Performance Work

Once approved to participate, you may begin to offer your customers GJGNY Loans to finance the energy efficiency measures you install. Every project that is financed with a GJGNY Loan must have an energy audit completed prior to work commencing. To find out more about the Residential Energy Audit program visit the Become Participating Auditor page.

For projects that are financed with a GJGNY Loan you must submit the following documents directly to EFS in accordance with the Implementation Manual:

While it is the ultimate responsibility of the contractor to recruit customers, NYSERDA invests in marketing outreach throughout New York. This helps generate leads for Participating Contractors—which come through listings on NYSERDA’s website and hotline referral database.

If you have questions about GJGNY Loans or becoming a Participating Contractor, you can contact