Climate Ready Housing

Program Overview

The Climate Ready Housing Program was created with 2021 Economic Development Bond Bill funding earmarked for sustainable and climate resilient affordable housing. 2024 funding ($16 million) will be leveraged competitively to support 10-15 highly rated projects that represent achievable and replicable approaches to very low carbon emissions focused on existing building renovations (as outlined below). MassHousing and the Massachusetts Housing Partnership (MHP) administer the program on behalf of the Executive Office of Housing and Livable Communities (EOHLC). MassHousing and MHP have engaged with LISC to further assist in program administration.

Areas of Focus for 2024

Deep Energy Retrofit (DER)

This approach assumes a comprehensive scope of work that includes extensive improvements to the building envelope that significantly reduce heating energy load (by at least 50%) and carbon emissions. The building envelope work is leveraged to allow for cost-effective electrification of the building's HVAC system. Improvements in ventilation to achieve appropriate indoor air quality are required.

Zero Carbon Emissions Over Time (ZOT)

This approach assumes a less significant intervention in the upcoming rehabilitation project than is represented in the DER approach outlined above but reflects thoughtful planning on the part of the project team to capture the pending rehabilitation project as an important piece of a long-term plan to achieve zero carbon emissions by 2050.

The DER design solution or the ZOT implementation plan must include the following:

• Substantial envelope improvements to minimize heating and cooling demands;
• Heat pump-based technology for space heating and cooling;
• Energy or heat recovery ventilation technology;
• Plan for electrification of domestic hot water systems (strongly encouraged);
• Plan for electrification of cooking appliances;
• Maximization of renewable energy systems and integration into project's capital approach; and
• Serious consideration of material decisions related to embodied carbon.

Eligibility Guidelines

The Climate Ready Housing Program is available for public, nonprofit, and for-profit multifamily affordable housing sponsors. At least 25% of housing occupants must have incomes not exceeding 60% of the area median income (AMI).

Schedule

• Monday, March 18, 2024: Pre-application opens
• Friday, April 12, 2024: Pre-application deadline
• Monday, May 6, 2024: Application opens (for pre-approved applicants only)
• Friday, May 31, 2024: Application deadline
• Summer 2024: Funding decision

More information and application materials may be found at lisc.org/climatereadyhousing.