Published on: Wednesday, November 3, 2021 News

New Electrification and Energy Efficiency Grants Available in Takoma Park!

Purpose

The new Takoma Park Electrification and Energy Efficiency Grants are now available and can assist you in making improvements to the environmental sustainability and energy efficiency of your space.

Who Can Apply

1. Multifamily building owners and property managers, with buildings of 4 or more units.

  • Buildings with fewer than 2-3 units should apply as a single-family home unless there are special circumstances you can describe in your application.

2. Small businesses with a storefront or office space in the city (such as restaurants, retail, professional services, offices, and daycare centers) and commercial property owners are eligible to apply.

  • Work-from-home offices and home-based businesses are eligible to apply for a homeowner grant only.

3. Homeowners, including condo owners and renters, with landlord permission.

Timeline

The first review of applications will take place on December 8, 2021. Any application received after this date will be considered as funding allows.

All funded projects must be completed by June 1, 2022.

Grant Awards

1. Multifamily buildings – up to $30,000 per project.
2. Small businesses – up to $30,000 per project.
3. Homeowners – $5,000 – $15,000 per home, depending on household income:

  • Tier 1 income homeowners may apply for up to a $15,000 grant. The grant may cover up to 100% of the total project cost.
  • Tier 2 income homeowners may apply for up to a $10,000 grant. The grant cannot exceed more than 50% of the total project cost.
  • Anyone earning more than the area median income or who wishes not to verify income may apply for up to a $5,000 grant. The grant may not exceed more than 25% of the total project cost.

Household

Size

Tier 1 income limits

(up to 85% area median)

Tier 2 income limits

(up to 100% area median)

1$59,234$69,688
2$67,681$79,625
3$76,128$89,563
4$84,575$99,500
5$91,375$107,500
6$98,122$115,438
7$104,922$123,438
8$111,669$131,375