CPC Climate Capital Construction or Rehab Loan Term Sheet
Current as of: 10/21/2024
PURPOSE
To fund construction or rehab that is designed to meet CPC Climate Capital’s Multifamily Performance Standards, prioritizing investments in Low-Income and Disadvantaged Communities (LIDAC).
ELIGIBLE USES
- Existing Buildings:
- Must meet either Save a Ton, Clean Air, or Clean Air Boost performance standard to qualify. (Click here for the performance standards.)
- New Construction
- Must meet Clean Air Boost performance standard.
TERMS
CPC Climate Capital, in its sole discretion, may, at any time and without prior notice, update or adjust the terms stated above, terminate the loan program, amend, or waive compliance with any terms (subject to applicable statutes and regulatory requirements). CPC Climate Capital also retains the right to not award funds or reject any or all proposals for funding under this program. All proposals must comply with all federal, state and local laws.