MCCB Launches First Consumer Loan Product 

Governor Maura Healey has announced the launch of the Energy Saver Home Loan Program by the Massachusetts Community Climate Bank (MCCB), a $20 million initiative aimed at assisting low- and moderate-income homeowners in making clean energy improvements. The program is the first consumer product by the MCCB. 

The MCCB, focused on decarbonizing affordable housing, aims to address climate change and housing affordability challenges. The Energy Saver Home Loan Program will finance a variety of clean energy projects, including health and safety improvements, weatherization, electrical system upgrades, and installation of solar panels and EV charging stations. Financing terms are designed to be affordable and include options to utilize rebates and incentives to offset costs. 

This program is part of Massachusetts’s efforts to reduce greenhouse gas emissions and achieve net-zero carbon emissions by 2050. It is expected to support up to 1,000 loans over the next two years and is available to income-qualified homeowners across the state.