CPC Climate Capital Permanent Loan Term Sheet

Current as of: 10/21/2024

PURPOSE
To eliminate the shortage of funding available for decarbonization projects in
multifamily buildings by originating loans subordinate to first mortgages, 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.
• Loan must be used to fund the already completed building improvements that were previously put in place to achieve the required emissions reductions and decarbonization standards.

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.