The Provincial Government of Ontario will allocate more than $42 million for energy retrofits of old community buildings in Toronto, according to CP24.
The money will come from the $325 million Green Investment Fund and will finance work on between 35 and 50 buildings, the story says. Targeted areas will be insulation and installation of new windows and energy efficient boilers. The buildings will be chosen by a competitive process.
The funding is part of an eventual investment of $82.2 million in housing upgrades the providence. The story says that Toronto Community Housing buildings are 25 percent less efficient per square meter than other homes.
Last year, The Steve O’Neil Apartments in Duluth was the first multifamily housing project to receive The U.S. Environmental Protection Agency’s Energy Star certification. It is 15 percent more energy efficient than typical new construction.
