health and safety loan

Keep your properties safe and healthy

The Green Bank has obtained funding from the State of Connecticut Department of Energy and Environmental Protection (DEEP) for the EnergizeCT Health and Safety Revolving Loan Fund. This Fund provides loans that enable owners of multifamily housing, serving primarily low-income residents, to remediate health and safety issues that must be completed in conjunction with or that will enable follow-on energy upgrades and improvements.


Financing up to $300,000	Supporting primarily low-income multifamily properties	Improve tenant comfort and safety

Health and Safety Loan

Keep your properties safe and healthy


Financing up to $300,000	Supporting primarily low-income multifamily properties	Improve tenant comfort and safety

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Financing terms at a glance

Rate	2.99% per annum
Standard APR	Up to 20 years (plus construction period)
Security	Security on loans greater than $50,000 will be determined by the Green Bank
Origination fee	0.5% of funding amount, may be funded out of loan proceeds

Eligible measures

Energy improvements and energy related health and safety measures. Examples include, but are not limited to:

Measures to contain, address, remove, or remediate mold, sources of mold, asbestos, lead paint, or other hazards.
Amelioration or replacement of leaking pipes, failed roofs, defective combustion equipment, carbon monoxide sources, radon gas, knob and tube wiring, etc.
Costs of relevant health and safety audits and assessments, and necessary professional services.

Need financing for something else? If you need help designing a project, learn more about Navigator. If you need financing for a project that is already designed, learn more about our Solar Programs, LIME, or C-PACE.

Eligibility requirements

The program is restricted to multifamily properties (5+ units) where at least sixty percent (60%) of the units serve low-income residents, whereby low-income households are defined as households with incomes at 80% of area median income (AMI) or less.
Eligible ownership structures include private or non-profit owned properties, housing authorities, condos, or co-ops. Assisted living and supportive housing communities are eligible.