$10 million in funding is available ALBANY, N.Y. — The fourth round of the $58 million Buildings of Excellence competition has $10 million in funding available. The competition aims to advance zero-carbon emission multifamily buildings in New York, the office of Gov. Kathy Hochul announced July 17. This round provides financial awards […]
$10 million in funding is available
ALBANY, N.Y. — The fourth round of the $58 million Buildings of Excellence competition has $10 million in funding available.
The competition aims to advance zero-carbon emission multifamily buildings in New York, the office of Gov. Kathy Hochul announced July 17.
This round provides financial awards and recognition for the design and construction of what the state contends are “resilient, climate-friendly buildings that are healthier for residents.” Funding for this program is provided through the state’s Regional Greenhouse Gas Initiative and $6 billion Clean Energy Fund.
The competition is a big step toward Hochul’s goal to have 2 million “climate-friendly” homes in the state by 2030 and supports the state’s Climate Leadership and Community Protection Act goal to reduce greenhouse-gas emissions by 85 percent by 2050, per a state government news release.
New York State Energy Research and Development Authority (NYSERDA) is administering the competition and accepting proposals for early-stage design projects from developers and their design teams that integrate carbon neutral features into pre-schematic and schematic design phases, and lead to the cost-effective construction and completion of multi-family buildings.
In an expansion from previous years, the competition’s fourth round is open to applicants across New York state, Hochul’s office said.
Proposals to the competition’s solicitation for demonstration projects will be accepted through Sept. 21 at 3 p.m. Applications to secure early design support will be accepted continuously through June 28, 2024, at 3 p.m. For more information on this funding opportunity, those interested can visit NYSERDA’s website (https://www.nyserda.ny.gov).
Launched in 2019, the competition provides financial awards and recognition for the design, construction, and operation of resilient, climate friendly buildings that “offer predictable revenue and costs.” With the support of industry experts, the competition “revolutionizes the new construction and adaptive reuse” of multifamily housing and mixed-use buildings by “demonstrating that they can be built cost-competitively as compared to traditional fossil-fuel dependent dwellings,” Hochul’s office stipulated.