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03/19/2026

DEEP Announces RFI and Informational Meeting on Affordable Multifamily Revolving Loan Program

DEEP Requests Information to Inform New Program to Support Energy Efficiency, Electrification, and Resilience for Affordable Multifamily Housing

(HARTFORD)—The Connecticut Department of Energy and Environmental Protection (DEEP) recently announced that it has released a Request for Information (RFI) seeking public input on the design and implementation of the state’s new Multifamily Revolving Loan Program, a financing initiative supporting energy efficiency, electrification, and resiliency upgrades in existing affordable multifamily properties. An accompanying informational meeting will be held on Tuesday March 31st, 2026, from 11:00 am to 12:00 pm ET.

Connecticut’s affordable multifamily properties face persistent challenges that make it difficult to complete meaningful upgrades. Many buildings require upfront capital, health and safety work, or pre‑development assessments before deeper improvements can move forward. These barriers delay projects, increase long‑term costs, and leave residents in homes that are less efficient, less comfortable, and more vulnerable to climate impacts. The RFI invites stakeholders to help DEEP design a program that addresses these challenges, supports affordable housing owners, and lowers energy burdens for residents.

The program, authorized under Public Act 23-205, as amended by Public Act 24-151 and 25-125, and capitalized with $12 million in allocated state bond funds, will provide loans to help owners and developers undertake deeper energy improvements that are often difficult to fund through existing incentives alone. In addition, funding may also be used for energy-related pre-development activities, such as technical assistance, energy audits, and feasibility studies, as well as enabling upgrades and resilience measures.

“Our administration remains committed to lowering energy costs for families while improving energy efficiency and housing quality,” said Governor Ned Lamont. “Low-income families living in multifamily housing often face greater challenges making these upgrades than those in single-family homes. This program helps ensure these households can live in healthier, safer, and more efficient homes, while leveraging public funding responsibly and effectively.” 

“This new revolving loan program has the potential to significantly expand access to deeper energy efficiency and electrification upgrades that will make Connecticut’s affordable multifamily housing more affordable to heat and cool,” said DEEP Commissioner Katie Dykes. “By seeking input now, we can design a program that meets real‑world needs and delivers long‑term energy savings for residents and communities. DEEP thanks Governor Lamont and the State Bond Commission for their allocation of $12 million bond funding for this extremely important program.”

Responses to the RFI are due by Wednesday April 15th, 2026 at 5:00 pm ET and may be submitted to DEEP.EnergyBureau@ct.gov.
More information is available hereRegister for the informational meeting here.

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Contact

DEEP Communications  
DEEP.communications@ct.gov
860-424-3110