Boston Community Capital - Energy Advantage Program

May 28, 2008


Boston Community Capital, in partnership with Massachusetts Housing Partnership, will investigate the overall effectiveness and cost-efficiency of green housing by funding several developments across the state over a two-year period. Boston Community Capital expects to finance 8-12 projects ranging in size from 50 to about 250 existing housing units. The target savings for projects taking advantage of the program include a 33% reduction of electrical usage through conservation and efficiency and a 20% reduction through on-site generation capacity, a 33% reduction in water usage, and a 25% heating reduction through conservation, high efficiency boilers, and building envelope improvements. In the process, Boston Community Capital seeks to create a model for financers to follow that will allow other developers to include greening of developments in their financing requests. It is anticipated that projects eligible for participation will be selected by early May, but necessary paperwork can be completed by July 1. Improvements on projects can be completed during 2007 and early 2008. For more information, contact Dick Jones at

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Massachusetts
Incentive Type: Loan Program
Web Site:
Administrator: Boston Community Capital
Start Date:
Eligible Renewable/Other Technologies:
  • Solar Photovoltaics
  • Wind (All)
  • Comprehensive Measures/Whole Building
Maximum Loan: Varies
Loan Term: Varies


Name: Dewitt Jones
Organization: Boston Community Capital
Address: 56 Warren Street
Boston MA 02116
Phone: (617) 427-3580

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.