Catalyst Construction to Term Loan

Finance implementation of clean energy & resiliency improvements for your existing nonprofit or multifamily property.

Catalyst Provides Flexible Financing That Works

The Catalyst Construction to Term Loan (“Catalyst”) finances sustainable building solutions for mid-cycle properties*, including nonprofit-owned buildings and affordable and market-rate multifamily housing. Catalyst provides flexible financing and alternative security options and is designed to work efficiently for properties with senior mortgages or lien restrictions.

A limited portion of the Catalyst-funded work may include energy-related resiliency and health & safety remediation that must be addressed before energy improvements can be implemented.

Maximize Savings with Catalyst Loans: Seamlessly Integrate Financing and Leverage Incentives

Catalyst Loans are alternatively secured and designed to work seamlessly with existing mortgages and other restrictions on adding new debt.

Experience the benefits of partially, or even fully, repaying your loan through energy and operating cost savings generated by your improvements. Projected clean energy savings typically include decreased electric, heating, cooling, water use, operations, maintenance, and insurance costs.

Eligible Borrowers

Nonprofit entities
For-profit entities
Condo associations
Housing cooperatives
Public housing authorities

Loan Minimum / Maximum

$100,000 / $2,000,000

Loan Term

7-20 years**

Eligible Building Types

Nonprofit-owned buildings
Affordable or market-rate multifamily housing (5+ units)
Cooperatives (5+ units)
Condominiums (5+ units)


May include:
UCC-1s on installed equipment
Assignment of PPA/ZREC income streams
Collateral assignment of HOA fee income
Reserve accounts
Mortgage and subordinate mortgage


May include:
Joint and several corporate/parent guarantees

Eligible Measures

Heat pumps or other high-efficiency HVAC equipment
Heat pump water heaters or other high-efficiency water heating equipment
Building management systems and equipment controls

Electrical system upgrades or other repairs needed for building electrification or solar
Building envelope improvements such as insulation and air sealing

Solar PV (and associated roof upgrades)
Energy storage solutions
Other renewable energy systems
Energy-related health & safety remediation
Work required to achieve certification of high-performance building standards
Other ancillary, energy-related work, as qualified by IPC and subject to underwriting

*New construction may also be eligible.
**Limitations may apply. Not to exceed the estimated useful life of the underlying measures.
All information contained herein is for informational purposes only, and while every effort has been made to ensure accuracy, no guarantee is expressed or implied. Programs shown do not demonstrate all options or pricing structures. All terms, including but not limited to rates, fees, programs, and underwriting policies, are subject to change without notice. Loans are subject to underwriting and credit approval. Additional requirements will apply. This is not an offer to extend credit or a commitment to lend or enter into a loan agreement. Products and services may not be available in all geographies and restrictions may apply. If approved, your offered terms may also vary based upon your specific situation.

Start Your Journey to a Better Building with Catalyst

Take the first step toward a sustainable future and invest in energy and resiliency improvements for your property with Catalyst. Discover the benefits of modern, cost-effective, efficient, and resilient solutions today.


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