New York State’s GAP Fund: Quantifying Unmet Need

New York State’s Green Affordable Pre-Electrification (GAP) Fund would provide funding and technical assistance for homes and buildings in need of a wide-range of currently unfunded retrofits that are necessary for healthy buildings and the achievement of New York’s climate mandates.

To demonstrate the need for GAP Fund (S.3315/A.2101), WE ACT 4 Change commissioned the Fiscal Policy Institute to develop a brief that estimates:

• The number of New Yorkers considered to be low- or moderate-income (LMI) that are eligible for existing energy efficiency and weatherization programs offered by New York State
• The number of LMI New Yorkers who need housing remediation before doing energy efficiency upgrades
• The impact of $200 million for a GAP Fund in the FY2026 budget.