New Construction Electrification Grant Program

Developer Incentive

Electrifying the Central Coast through affordable and clean housing

The Developer Incentive program is a competitive grant for developers who are planning new all-electric housing construction developments. Any housing developer building a development within 3CE service area may apply. A minimum of 75% of funds will be awarded to affordable housing projects. A maximum of $240,000 will be awarded to a single housing development. Funding amounts depend on the type of development and the number of all-electric units being built.
 

$2,500 per affordable housing unit                          $1,750 per market-rate housing unit

Steps to Participate in the Developer Incentive Program

1. Apply Online

What you will need:

          • Housing Unit Details (# of units, affordable vs. market rate, etc)
          • Project Schedule
          • At least one document showing intent to build an all-electric project
                • Architect of Record’s plans with confirmation letter from the architect describing how the building meets the all electric requirement and citing relevant pages
                • Confirmation letter from the electrical engineer describing how the building design plans meets the all-electric requirement

2. If approved, your funds will be reserved and you will receive a Letter of Intent stating the total grant for your project. Funds may be reserved for up to 3.5 years*

 

3. Receive grant funds upon project completion.

You will need to provide:

          • Certificate of Occupancy – OR – notice of Completion
          • Inspection report showing all electrical work has been completed and no gas lines have been installed
 
*Applicants may submit one letter requesting an extension of reserved grant funds, for up to one year. The letter must provide a description of a good faith efforts towards completing the approved project. 
The 3CE New Construction Electrification Grant Program – Developer Incentive Program Application launched Friday, January 22nd, 2021 
Applications will be accepted through Monday, March 8th, 2021 at 11:59 pm