Newswire • Management

New Efficient Homes New York Program Launches

In an effort to deliver more affordable, high-performance and healthier energy-efficient housing for New Yorkers, New York Governor Kathy Hochul announced the launch of the New Efficient Homes New York Program. Administered by the New York State Energy Research and Development Authority (NYSERDA), the program is a suite of offerings intended to strengthen New York’s support for the full life cycle of residential new construction projects by helping owners, developers and design teams incorporate energy-efficient design and offset the cost of construction.

The program includes support for new heat pumps and other enhanced design support and is part of Governor Hochul’s “Let Them Build” agenda.

“New York is committed to building the housing we need while ensuring future homes are energy-efficient, comfortable and affordable,” Hochul said. “Today’s announcement is another example of how we are advancing the ‘Let them Build’ agenda by implementing programs that lower upfront costs and provide the necessary tools and resources to construct modern homes in communities across New York State.”

The $135 million investment includes $100 million now available to support residential new construction at every stage of development through the State’s New Efficient Homes New York program. In addition, more than $12 million has been awarded to 10 demonstration projects that are advancing best-in-class, climate-friendly multifamily buildings across the state through the Buildings of Excellence Competition, which is also making $20 million in new funding available through the competition.

NYSERDA President and CEO Doreen M. Harris said, “New construction projects represent an opportunity to integrate the latest high-performance technologies and building solutions into our homes,” . With strong support from Governor Hochul, NYSERDA’s new suite of residential programs support projects from start to finish — from design and construction, through to delivery, and demonstrate how homes across New York State can be built to use energy more efficiently, improve comfort and protect against extreme weather.”

The support includes $75 Million  available in the New Efficient Homes New York: Heat Pump Incentive program, which supports the adoption of cold climate air source heat pumps (ASHP) and ground source heat pumps (GSHP) throughout new single-family and small homes, as well as new multifamily buildings under 50,000 square feet across New York State.

Also available is $25 Million for New Efficient Homes New York: Enhanced Design Support program, which provides funding for flexible design support and planning activities, including training and resources, for residential new construction, gut rehabilitation, or adaptive reuse projects across the state.