Multifamily Navigator Pre-Development Energy Loan Program

Inclusive Prosperity Capital’s Navigator Pre-Development Energy Loan is a simple, unsecured pre-development loan that funds customized analysis and design of energy improvements for multifamily properties using owner-selected and managed technical service providers. Eligibility The program is open to multifamily housing properties with 5 units or more. Income eligible and market rate properties can participate (Private and non-profit owners, public housing authorities, senior/assisted living communities, condominium/co-op associations, etc.) Program Description For projects being designed to achieve high-performance building standards like Passive House, 80% of all pre-development costs are eligible, including permitting, legal, and environmental fees. For other projects, 80% of pre-development costs related to clean energy, health and safety, and resiliency improvements are eligible. Energy benchmarking, opportunity assessments, audits Green charrettes and physical needs assessments Assessments of energy-related health and safety and resiliency issues Energy-related health and safety assessments Design, engineering and bidding work Costs to secure energy upgrade project financing Other reasonable expenses needed to get your energy project designed and funded