Request for Information (RFI): Multi-Family Housing Pipeline

Purpose

(Open 9/3/26) Philadelphia Green Capital Corp. (PGCC) is seeking information on upcoming multi-family housing projects across Pennsylvania that may be eligible for PGCC financing. This RFI will help PGCC build a pipeline of qualified opportunities, connect projects to available capital, and inform future outreach and funding requests. Submitting a project does not guarantee financing.

PGCC has lending capital from the National Clean Investment Fund (NCIF) available for projects that can close in the next 4-12 months. Rates and terms in the applicable products below are contingent upon NCIF funding availability.

Eligible Projects

PGCC is seeking information on multi-family housing projects (single properties or scattered sites of more than 5 units) statewide in Pennsylvania that involve one or more of the following:

  • New construction or substantial rehabilitation pursuing an energy rating above current building code, particularly projects also pursuing electrification, green building certifications, and/or other sustainable design features. New construction that does not meet the Federal Definition of a Net Zero Building may be subject to additional funder approval.
  • Energy efficiency, water efficiency/conservation, or climate resilience retrofits to existing affordable multi-family properties.
  • Clean energy generation and/or storage (e.g. solar, storage, geothermal) or clean transportation infrastructure (e.g. EV charging) at new or existing multifamily properties.
  • Projects with a funding gap that could be bridged by interim financing ahead of grants, tax credits, rebates, or other committed sources.

Projects located in Low-Income and Disadvantaged Communities (LIDACs), Rural or Tribal communities, or that have 50% of units affordable at 80% AMI are preferred but not required.

Potentially Applicable PGCC Loan Products

A summary of product terms is below; more details are available on PGCC’s website.

Product

Use

Amount

Term

Rates

Affordable Sustainable Housing Predevelopment Loan

Predevelopment soft costs for new construction/rehab exceeding current building code; strong preference for all-electric and other sustainable features

$100K – $500K

Up to 24 months

6.00 – 7.00%

Efficiency Retrofit Loan

Efficiency, water conservation, and resilience retrofits to existing properties

$100K – $2M

12-mo. construction followed by 5–8 yr. permanent*

5.25 – 6.25%

Energize Construction-to-Perm Loan

Clean energy generation, storage, and/or clean transportation infrastructure at multifamily properties

$100K – $2M

12-mo. construction followed by 5–8 yr. permanent*

5.25 – 6.25%

Bridge Loan

Interim financing bridging committed grants, tax credits, or rebates

$50K – $2M

Up to 36 months

4.50 – 5.50%

Final product fit, terms, and eligibility are determined during underwriting. Full term sheets are available upon request. Note new construction projects that do not meet the qualification of net-zero buildings may be subject to additional approvals. PGCC loans may trigger federal requirements in certain circumstances, such as Build America, Buy America and Davis Bacon and Related Act provisions.

*Terms up to 15 years may be available with approval from PGCC’s funder.

Information Requested

For each project, please provide (a separate submission per project/site is requested):

  • Sponsor/developer name, organization type, and contact information.
  • Project location(s)
  • Scope of work (project description) and any target green building or energy standard intended to be met. 
  • Estimated total project cost, funding gap, and anticipated financing amount/use of PGCC funds.
  • Anticipated timeline to closing and current project stage (e.g., site control, design, permitting, financing).
  • Other committed or anticipated funding sources (grants, tax credits, rebates, other lenders).
  • Information on whether the project plans to meet Build America, Buy America and/or Davis Bacon and Related Act standards (projects are not automatically disqualified if they do not meet these conditions).
  • Supporting documents (optional)

How to Respond

Please submit each project using this form. Questions may be directed to PGCC at greenloans@phillygreencapital.org.

Timeline

Milestone

Target Date

RFI Released

September 3, 2026

RFI Response Deadline

October 30, 2026

PGCC Follow-Up with Respondents

Rolling as projects are submitted

Important Notes

  • Submitted projects are evaluated case-by-case and may be connected to grants, loans, or other subsidies; submission does not guarantee funding.
  • If accepted, project information will be anonymized before being shared with capital partners.
  • PGCC staff will follow up to request additional information or clarification.  PGCC staff may reach out to projects who submit before the deadline on a rolling basis.