$50.0M
per applicant
Loan
Below-market financing
Rolling
No fixed cutoff
Rolling
Apply when you're ready
Moderate
Underwriting required
NY Green Bank provides low-cost debt financing for commercial, industrial, and multifamily clean energy projects in New York State that have difficulty accessing conventional capital markets. Eligible projects include solar, energy storage, efficiency retrofits, and EV charging infrastructure.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Project must be located in New York State
2.Applicant must be a developer, owner, or operator of a clean energy project
3.Minimum transaction size: $1 million; no stated maximum
4.Project must demonstrate a financing gap — i.e., conventional lenders have declined or offered unworkable terms
5.Eligible sectors: commercial/industrial, multifamily residential, community distributed generation
6.Projects must meet NYSERDA's environmental justice and climate criteria
7.Repayment terms up to 20 years; interest rates negotiated based on project risk profile
IRS · United States
Allows businesses to deduct up to $5.65/sq ft for commercial buildings achieving significant energy savings through improvements to HVAC, lighting, and building envelope systems. IRA expanded the deduction and allowed non-profits and government to allocate it.
NYSDEC · New York
Provides transferable tax credits for remediating contaminated brownfield sites and redeveloping them for residential, commercial, or industrial use, with enhanced credits for affordable housing and green buildings.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.