LOW INCOME WEATHERIZATION PROGRAM LOW INCOME WEATHERIZATION PROGRAM (LIWP) Updated April 19, 2016

LOW INCOME WEATHERIZATION PROGRAM Table of Contents Program overview Participation process Property eligibility Project examples PV incentives How to Participate 2

LOW INCOME WEATHERIZATION PROGRAM OVERVIEW Whole building energy efficiency & solar program Brings energy, solar thermal, and solar PV to multifamily properties under a single program All measures that result in GHG reductions are eligible The energy efficiency incentive will be based on a package Savings-to-Investment Ratio (SIR) of the scope of work Energy Efficiency Solar PhotovoltaicsSolar Thermal 3

LOW INCOME WEATHERIZATION PROGRAM FUNDING AND ADMINISTRATION Initial $24 million for efficiency upgrades and solar installations at large multifamily buildings Community Services & Development (CSD) Association for Energy Affordability (AEA) California Housing Partnership Corp (CHPC) TRC Companies (TRC) GRID Alternatives 4

LOW INCOME WEATHERIZATION PROGRAM PROGRAM MODEL Single point-of-contact No upfront cost to property owner other than staff time and small “good faith deposit” Free energy audit and technical assistance Leveraging of other financial resources encouraged Free WegoWise benchmarking account for first year 5

LOW INCOME WEATHERIZATION PROGRAM STEPS TO PARTICIPATE 1.Complete intake process 2.Receive FREE technical support a.Preliminary savings and financial analysis b.Work scope development 3.Reserve financial incentives a.Property energy audit b.Refine scope of work 4.Install property upgrades 5.Claim financial incentives 6

LOW INCOME WEATHERIZATION PROGRAM PROPERTY ELIGIBILITY CRITERIA Located in a CalEPA Disadvantaged Community (DAC) At least 20 units At least 66% of tenants with incomes < 80% AMI 20% owner co-investment required Able to achieve energy savings > 15% Maximum of 500 units or five (5) properties per ownership entity or subsidiaries of one entity Project completion by June 30,

LOW INCOME WEATHERIZATION PROGRAM DISADVANTAGED COMMUNITIES Map web link: com/apps/Viewer/index.h tml?appid=dae2fb1e4267 4c12a04a2b302a com/apps/Viewer/index.h tml?appid=dae2fb1e4267 4c12a04a2b302a

LOW INCOME WEATHERIZATION PROGRAM CO-INVESTMENT CATEGORIES 20% CO-INVESTMENT Cash Investment, In-Kind Measure Costs Leveraged Rebates Project Management Fees 9 Such as: roof repairs that are necessary to install insulation or solar, mold or asbestos remediation, or building durability repairs. Such as: utility energy efficiency or solar rebates (EUC, MUP, MASH, CSI) and tax credits (TCAC) Such as: staff time managing project, collecting bids, completing paperwork Co-investment amount depends on the cost- effectiveness of the package and if project is leveraging other funding sources.

LOW INCOME WEATHERIZATION PROGRAM PROJECT EXAMPLE #1: HIGH COST EFFECTIVENESS, NO LEVERAGING 10

LOW INCOME WEATHERIZATION PROGRAM PROJECT EXAMPLE #2: LOWER COST EFFECTIVENESS, LEVERAGED REBATE 11

LOW INCOME WEATHERIZATION PROGRAM CONTRACTOR SELECTION Owner hires contractors directly Pre-approved list of contractors upon owner request, or owner can select their own contractor Assistance in bid solicitations Solar component: Program team can provide free solar technical assistance Owner may request a proposal from GRID Alternatives and/or Owner may choose their own solar provider 12

LOW INCOME WEATHERIZATION PROGRAM INCENTIVE LEVELS FOR SOLAR PV SYSTEMS Energy Efficiency Requirement: scope of work to achieve 15% energy efficiency savings* PV Incentive is based on: Type of leveraged funds (LIHTC, ITC, MASH) - the more leveraged funds, the less LIWP funding is needed If PV system is offsetting owner meter or tenant meter consumption Size of PV system 13 * 15% energy efficiency savings requirement may be waived at the discretion of CSD if there are not sufficient efficiency upgrade opportunities available

LOW INCOME WEATHERIZATION PROGRAM SOLAR DIRECT OWNERSHIP OR PPA FINANCING MODELS Direct Ownership: Purchased by property owner Owner must enter into a 5-year operations & maintenance contract for the PV or thermal system PPA Financing Models: May be financed through a third party (i.e. Power Purchase Agreement pathway) 14

LOW INCOME WEATHERIZATION PROGRAM INTAKE PROCESS 1.Set up interest call with CHPC or TRC to review list of properties and go over intake process 2.Compile property information to complete intake process with CHPC or TRC 3.Eligible properties are transitioned to AEA for technical assistance 15

LOW INCOME WEATHERIZATION PROGRAM RESOURCES Program Website Interest Form eAllyRegistration?pctxt=LIWP eAllyRegistration?pctxt=LIWP 16