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.

