HousingWirenews

NYC expands finance pool for office-to-residential makeovers

Thursday, August 6, 2026Richard LawsonView original
New York City administration officials took a stride toward spurring more office-to-residential conversions by expanding a long-term financing option used in clean energy construction. In late June, the city made embodied carbon eligible for financing under its Commercial Property Assessed Clean Energy program, known as C-PACE. Embodied carbon refers to emissions locked into a building’s […]