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Find similar grantsPCEF Strategic Program 1 (Affordable Housing Energy Efficiency) is sponsored by Portland Housing Bureau (funded by PCEF). This program provides grant funding for energy efficiency and renewable energy upgrades in new regulated affordable multifamily housing.
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PCEF Program: Clean energy in multifamily affordable housing | Portland. gov Portland and the federal government Learn about our sanctuary city status, efforts to block federal overreach: Portland. gov/Federal PCEF Program: Clean energy in multifamily affordable housing Learn about eligibility requirements for PCEF grant programs administered through PHB.
Strategic Program 1 supports clean energy in regulated multifamily affordable housing. What is PCEF Strategic Program 1? Strategic Program 1 (SP1) of the Portland Clean Energy Fund (PCEF) is a grant program administered through PHB to provide up to $60 million over 5 years to regulated multifamily affordable housing projects located in the city of Portland.
The goal of this Strategic Program is to raise the bar on efficiency and renewable energy upgrades in new and redeveloped affordable housing projects serving low-income and other frontline communities. PDF file PCEF Funding Roadmap presentation 983.
46 KB More about the Portland Clean Energy Fund To be eligible, a project must be all of the following: Be directly funded by PHB or Oregon Housing and Community Services (“OHCS”); Restrict the leasing of housing units to tenants who meet 60% Area Median Income (AMI) income requirements for a period of at least 30 years; Shall have been awarded monies for capital costs through a competitive solicitation process or private activity bonds; and PCEF Funds may compose up to 10% of the total hard construction costs of an Eligible Project.
Funding is prioritized for the energy efficiency and renewable energy measures as described below. PCEF-Funded Hard Construction Costs Hard construction costs include the reasonable costs of labor and materials for proper design and installation of certain measures; and the difference in costs between estimated baseline or lower efficiency alternative option and the proposed higher efficiency alternative.
For the measure(s) identified below, PCEF will fund the difference in cost between the estimated baseline or lower efficiency option and the proposed higher efficiency alternative: High efficiency electric water heating with preference for heat pumps; High efficiency electric heating and air conditioning with preference for heat pumps; High efficiency ventilation systems; Above code, high value insulation; Air sealing, which improves on code (e.g. 0.
40CFM75) or equivalent (0. 30CFM50) by at least 10% over the ELR (Envelope Leakage Ratio). For the measures listed below, PCEF will fund the full Hard Construction Costs not already covered by another funding source: Solar storage (new or existing renewable generation); Electric vehicle charging stations above electric vehicle readiness required by code; and Tree planting above code plus five years of establishment care.
PCEF-Funded Soft Construction Costs PCEF fully covers the following soft costs: The costs of as-designed and as-built energy modelling associated with estimating energy savings from PCEF-funded measures; Clean energy feasibility studies if not funded by other sources; Tenant and building operations staff training on PCEF measures provided within one year following initial occupancy.
Portland Housing Bureau opens applications for PCEF funding for affordable housing energy efficiency M Carter Commons Has Opened See all news for this page Affordable Housing Preservation Request for Proposals (RFP) - Spring 2025 March 19, 2025 through – April 29, 2025 See something we could improve on this page? Give website feedback .
According to the current listing, eligibility includes: Qualified affordable housing developers in Portland. Confirm the full requirements in the official notice before applying.
PCEF Strategic Program 1 (Affordable Housing Energy Efficiency) is funded by Portland Housing Bureau (funded by PCEF). Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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