The product will make $20 million in loans available over the next two years to help homeowners cover the costs of things like heat pumps, electric vehicle charging stations, weatherization, and more.
A new, $50 million statewide climate bank will offset costs to upgrade affordable housing properties by replacing fossil fuel-burning building systems.
Real estate analysts have started to warn building owners that their property values will fall if they don’t wean themselves off fossil fuels. Now, Gov. Maura Healey is proposing a ‘green bank’ to do just that.
