Multifamily Performance Program: Existing Buildings

The way your building works is directly tied to your bottom line. And whether you’re looking to boost profitability or simply make necessary equipment repairs, you can make your building work better by increasing your energy performance. As a result, you’ll experience higher operational efficiency, higher net operating income, lower energy bills, and more satisfied tenants.

Find a Provider

The Multifamily Performance Program (MPP) lets you incorporate energy efficiency into your affordable building that makes sense for you. And with each upgrade you decide to make, your building gets more efficient, marketable, and profitable.

A Multifamily Building Solutions Provider will work with you to evaluate your building’s systems holistically, creating a customized plan aimed at giving you a minimum of 20% energy savings along with reduced energy bills. The Providers in NYSERDA’s Network are energy efficiency professionals experienced at handling challenges specific to multifamily building projects. As a result, you’ll experience higher operational efficiency, greater property value, lower energy bills, and more satisfied tenants.

High Performance Component

For building owners looking for deeper energy savings, our High Performance Component targets a minimum of 40% energy savings and a source Energy Use Intensity (EUI) score of 100. The EUI expresses a building’s energy use as a function of its size or other characteristics. To help reach the EUI score, building owners are encouraged to tap into additional incentives available to integrate renewable upgrades including solar, combined heat and power, and ground- and air- source heat pump systems into their upgrade plans. These renewable incentives can be combined with your MPP incentives. Work with one of our Providers to determine the best solution for your building.

Incentives and Financing Opportunities

MPP:
Projected Energy Savings Target
Total Incentive* 
(per unit)
Construction Incentive* 
(per unit)
Performance Incentive
(per unit)
20% ‐ 24% $700 $600 $100
25% ‐ 29% $800 $700 $100
30% - 35% $1,000 $800 $200
36%- 39% $1,500 $1,000 $500

*Construction incentive is typically paid out at 100% construction completion. Projects that use a construction manager to oversee the project, however, may qualify for a payment of one-half of the construction incentive at 50% completion.

Projects 50 units or less and not subject to Local Law 84 in New York City are eligible to receive a pre-payment of $100 per unit from the construction incentive payment once the building analysis is approved by NYSERDA.

Projected Energy Savings Target Total Incentive (per unit) Modeling Incentive (per unit) 50% Construction Completion Incentive (per unit) Construction Completion (per unit) Performance Incentive (per unit)
20-24% $700 - - $600 $100
25-30% $800 - - $700 $100
31-35% $1,000 - - $800 $200
36-39% $1,500 - - $1,000 $500
High-Performance Component
40% + and EUI ≤ 100
$3,500 $100 $1,400 $1,500 $500

Learn more about your financing options through NYSERDA and private commercial lenders.

How It Works

  • Work with a Multifamily Building Solutions Provider (Provider) who will submit an application to the Program on your behalf
  • Your Provider conducts a building assessment, calculates projected energy savings, and works with you to develop a set of final, recommended building improvements
  • Your Provider submits your building improvements for approval by NYSERDA
  • If you participate in the High-Performance Component, you will receive incentive payments after modeling, 50% construction completion, and construction completion.
  • For all other participants, if you hire a construction manager to oversee the project, your project will be eligible to receive one-half of the construction incentive when 50 percent of the work is complete. If you don’t hire a construction manager, you will receive your construction incentive payment when work is complete
  • For all, you will receive your performance incentive after you reach the projected energy savings target one-year following installation of your building improvements

Who Can Apply

 

How to Apply

Contact

For additional information on the Multifamily Comprehensive Option email us at MultifamilyPrograms@nyserda.ny.gov or call 1-866-NYSERDA.

Associated Documents

The following documents provide full details about the program and how to apply: