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Program will help owners comply with the Climate Mobilization Act.
By Paula Chin, Contributing Editor
Help is on the way for NYC apartment building owners worried about the high cost of retrofits that will help them reduce their buildings’ carbon emissions and avoid fines under the city’s ambitious Climate Mobilization Act. In June, the first Property Assessed Clean Energy (PACE) loan closed in New York City, opening the way for building owners to get low-cost financing for clean-energy retrofits.