HDF helps families who already own their homes to make sustainable choices for their future. Our programs are created with the help of both public and private investors, to offer the best possible solutions for sustainable homeownership.
If you want to learn more about HDF’s other programs for commercial multifamily developers, then call our Commercial Lending Department at 203.969.1830 x2016.
Energy Efficiency Multifamily Lending
In 2016, HDF began a partnership with CT Green Bank and the John D. & Catherine T. MacArthur Foundation. The goal of this partnership is to support energy efficiency in the multifamily housing sector, specifically in affordable housing developments. The $5 million program-related investment by the MacArthur Foundation allows HDF and CT Green bank to support the following:
- a revolving pre-development energy loan fund covering the costs of energy opportunity assessments, audits, and project scope definitions.
- a loan pool to finance the remediation of health and safety measures
- term financing to bridge gaps and provide a lower weighted average cost of capital for viable projects.