New York offers $10m to deliver carbon-neutral multifamily buildings

New York Governor Kathy Hochul has announced $10 million (£7.7m) in funding under a competition that aims to deliver carbon-neutral multifamily buildings for the state.

It is the third round of the $40 million (£30.8m) Buildings of Excellence Design Competition, which is providing early-stage support for design teams and developers to ensure the most cost-effective solutions integrated into projects from the beginning.

According to the New York State Energy Research and Development Authority (NYSERDA), which is administering the competition, buildings are the largest source of greenhouse gas emissions in the state, responsible for 43% of annual emissions.

Integrating energy efficiency and electrification measures in new and existing buildings will reduce carbon emissions and help achieve the state’s goal to have two million climate-friendly homes by 2030.

The competition also supports New York’s ambition to reduce 85% of greenhouse gas emissions by 2050 towards a carbon-neutral building stock.

Governor Hochul said: “New York is leading the way to deliver clean, safe and affordable housing for future generations.

“Supporting climate friendly new construction is transforming how the building industry identifies and implements climate solutions and helping us deliver tangible results as we transition to a clean energy economy and address the growing impacts of our changing climate.”

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