An Act establishing a zero carbon renovation fund
This bill creates a $300 million Zero Carbon Renovation Fund to support energy upgrades in existing buildings across Massachusetts. It directly affects affordable housing, low/moderate income homes, public schools, municipal buildings, and certified small businesses by funding renovations that must include all-electric systems, on-site renewable energy, and low-carbon materials. The fund covers costs for energy efficiency improvements and necessary pre-renovation repairs like lead paint removal or electrical upgrades. Administered by multiple state agencies, the fund prioritizes environmental justice communities and gateway cities while ensuring unspent funds carry over annually.
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