Bill > S2365

This bill establishes a Zero Carbon Renovation Fund to be administered by the Massachusetts Clean Energy Technology Center in consultation with the Department of Energy Resources. The fund will provide financing for the renovation of existing buildings, including affordable housing, public housing, low- and moderate-income households, municipal buildings, and small businesses, to make them highly energy-efficient, use all-electric heating and cooking, include on-site renewable energy, and use low-embodied carbon materials. The fund will also cover the costs of remediating existing building conditions, such as mold, asbestos, and lead paint, that must be addressed before the renovations can be completed. The bill prioritizes support for buildings in environmental justice communities, gateway cities, and communities disproportionately impacted by COVID-19, with a focus on ensuring geographic equity and a representative sample of building types.