30 Aug '16, 4pm

New York Earmarks Millions for Efficient Building

New York Earmarks Millions for Efficient Building

New York State has set aside $16 million to promote the design and construction of energy-efficient housing. The funds will advance Governor Andrew Cuomo's campaign to require 50% of the state's electricity come from renewable sources by 2030. The money will be made available through the New York State Energy Research and Development Authority (NYSERDA), according to a statement published earlier this month. Half the money will be offered to developers and builders of low-rise housing, which includes both single-family and multi-family units less than three stories in height. The rest of the money will go to mid- and high-rise projects. Roughly 75% of the funds will be earmarked for housing serving people with low to moderate incomes, those most vulnerable to high energy costs and extreme weather, the statement said. The money is likely to be used for increased insulation,...

Full article: http://www.greenbuildingadvisor.com/blogs/dept/green-buil...

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