Boston Mayor Announces Program to Decarbonize Building Stock
Boston Mayor Michelle Wu has introduced the Healthy and Green Retrofit Pilot Program, a new initiative aimed at supporting owners of two to four-unit owner-occupied buildings in decarbonizing and electrifying Boston’s smaller building stock while preserving affordability and preventing tenant displacement.
The program will provide building owners with energy assessments, construction management, and forgivable loan financing to accelerate Boston’s Green New Deal. It offers grants in the form of forgivable loans of up to $50,000 per unit, comprehensive energy assessment, and construction management services.
The pilot aims to serve as a model for other communities and supports Boston’s commitment to reducing carbon emissions and achieving carbon neutrality.
Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money.
With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.