Energize NY Finances Large Energy Efficiency Project at Independent Living Facility

Dec 21st 2016

Drum Hill Senior Living, which provides affordable, independent living for seniors, completed $429,000 in energy efficiency and lighting upgrades, using 20-year Energize NY PACE financing at a 3.14% interest rate. 

This affordable interest rate was made possible using Qualified Energy Conservation Bonds (QECBs) from Westchester County as part of the County’s $4 million QECB allocation to Energize NY to fund clean energy upgrades to affordable housing facilities and buildings owned by not-for-profits.  Drum Hill is the fourth project to receive QECB-enhanced PACE financing. 

Project details and photos here >>