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Energy-efficiency retrofits overview

Some cities, counties, and local housing finance agencies offer financial support to help homeowners and owners of multifamily rental properties serving low- and moderate-income households cover the cost of energy-efficient retrofits.

These upgrades and modifications are intended to lower utility bills, reduce greenhouse gas emissions, and improve building performance. Support may come in the form of grants or rebates, low-interest rate loans, or interest rate buy-downs, where the jurisdiction provides a subsidy to reduce rates on loans originated by private lenders. Local jurisdictions can also offer low cost or free energy audits. Some localities work with utility companies to offer energy audits or retrofits and also partner with these companies to provide “on bill” repayment options that facilitate repayment.

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