An Act establishing a zero carbon renovation fund

This bill creates the Zero Carbon Renovation Fund in Massachusetts to support the energy-efficient upgrades of existing buildings. The fund, managed by the Massachusetts Clean Energy Technology Center, provides financial assistance for projects that make buildings highly energy efficient, switch to all-electric systems, install renewable energy sources, and use low-carbon materials. Priority funding is directed toward affordable housing, public schools, and small businesses, with a specific focus on communities in environmental justice areas, gateway cities, and those disproportionately affected by the pandemic. Additionally, the legislation allows money to cover necessary remediation costs, such as mold removal or lead paint mitigation, that must be addressed before renovations can begin.