Learn more. Contact NYC Accelerator.
www.accelerator.nyc | 212.656.9202
info@accelerator.nyc | linkedin.com/company/nycaccelerator
NYC Accelerator is a program of the NYC Mayor’s Office of Climate & Environmental Justice.
Building Eligibility
Requirements
• NYC HPD-subsidized housing
• Buildings between 25,000 and
75,000 sq. ft.
• Buildings with 5+ units
• Con Edison gas customer
• Buildings subject to Article 321 of LL97,
which includes:
} Greater than 35% rent regulated units
} HDFC co-op
} Buildings with HUD project-based
assistance (Section 8, 202, etc.),
including buildings on New York
City Housing Authority land that
participate in the PACT/RAD program
} Does not already comply with LL97
2030 limits
• Buildings that meet Con Edison’s
eligibility requirements
How It Works
• Contact NYC Accelerator to confirm
eligibility
• Complete survey to identify which of
the Prescriptive Energy Conservation
Measures are applicable to your building
• Select a Participating Contractor to bid
and install your package
• Submit your application to Con Edison
and schedule a pre-inspection
• Install the package within two years
of the preliminary offer letter from
Con Edison and schedule a
post-inspection
• Receive your incentive payment
Limited-Time Offer:
NYC HPD Multifamily Buildings
Get help installing the measures required by Local
Law 97 (LL97) today.
NYC Accelerator is partnering with Con Edison and the NYC Department of
Housing Preservation & Development (HPD) to help HPD-financed buildings
navigate LL97.
This is a limited-time offer.
1
Eligible buildings will receive incentives per
dwelling unit and per measure installed. The incentives will be paid on a
first-come, first-served basis. If you do not qualify for this offering, other
multifamily incentives may still be available.
Building Heating System Type
(Incentive Per Residential Unit)
Measures 1-Pipe
Steam
2-Pipe
Steam
Hydronic
Boiler Clean & Tune: Maintaining the heating system, including but
not limited to ensuring that system component parts are clean and in
good operating condition
$34
$45 $30
Thermostatic Radiator Enclosure (TRE): Insulating radiator enclosures
with temperature controls
$800 $800
Pipe Insulation: Insulating all pipes for heating and/or hot water $100 $100 $100
Tank Insulation: Insulating all steam system condensate tanks
and/or water tanks
$100 $200
Energy Management Systems (EMS): Installing indoor and outdoor
heating system sensors and boiler controls to allow for proper
set-points
$280 $300 $350
Steam Traps: Replacing or repairing all steam traps so all are in
working order
$500 $750
Master Venting: Installing or upgrading steam system master venting
at the ends of mains, large horizontal pipes, and tops of risers, vertical
pipes branching off a main
$70 $40
Common Area Lighting: Upgrading lighting to comply with the
standards for new systems set forth in section 805 of the New
York City Energy Conservation Code and/or applicable standards
referenced in such energy code on or prior to December 31, 2024
$6 $6 $6
Air Sealing: Weatherizing and air sealing where appropriate, including
windows and ductwork, with focus on whole-building insulation
Free Free Free
Insulation – Roof & Wall: Weatherizing and air sealing where
appropriate, including windows and ductwork, with focus on
whole-building insulation
$350 $350 $350
Unitary Controls: Installing timers on exhaust fans $100 $100 $100
Additional guidance on LL97 can be
found on the Department of Buildings
website: https://www1.nyc.gov/site/
sustainablebuildings/requirements/
affordable-housing.page
1
Limited to three buildings per owner. If interested in submitting more than three buildings, all buildings must be under 100 units and
are subject to review by Con Edison for acceptance on a case-by-case basis.
