$250 million in funding from the Environmental Protection Agency’s $7 billion Solar For All program
$65 million of the total is earmarked for affordable housing communities
EPA is expected to announce award decisions in March 2024
Massachusetts Solar Technical Assistance Retrofit (STAR) program provides technical and financial assistance for affordable housing organizations to adopt solar
analyzed the portfolios of 44 affordable housing providers, encompassing more than 1,700 buildings
affordable housing providers have installed or committed to a cumulative 7.9 MW of solar across nearly 200 rooftops
projects represent more than $30 million in lifetime savings for the housing owners and reduce carbon emissions
STAR program supports housing providers in filing for tax credits created by the Inflation Reduction Act. Last fall, Resonant Energy helped clients submit 102 applications to the Department of Energy, representing $7.4 million in tax credit support if all are approved. Resonant Energy report that thus far, 68 of the 102 applications have been approved