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The NYC Energy Efficiency Corporation has just announced the availability of $37,500,000.00 in very low interest loans for the affordable housing/low income multifamily population of NYC. There are 8,900 boilers in this category that are burning #6 oil that in the absence of this program might not be able to afford the switch to #2 or to replace the entire heating plant. This is now a very real possibility and it is in everyones best interest that this be looked at as the catalyst for conversion. Please contact me or check online to review this program. There is no way that this money will be available for very long as the largest management/ownership groups in the city are already processing projects.
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