Fiscal Note
The proposed resolution approves a grant application to the Wisconsin Public Service Commission’s (PSC) Energy Innovation Grant Program authorizes the associated grant agreement. Expenditures will be made from the 2021 Sustainability Improvements capital project and the grant will reimburse the project in 2022. The grant funding will be included in the 2022 Executive Capital Budget subject to the Council’s approval. No appropriation is required at this time.
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SUBSTITUTE - Approving the City of Madison’s application to the Wisconsin Public Service Commission’s (PSC) Energy Innovation Grant Program for the project “Energy Efficiency in Naturally Occurring Affordable Housing: Implementing Efficient Building Technologies and Preserving Affordable Housing”; authorizing the Mayor and City Clerk to execute the associated grant agreement with the PSC; and, accepting the grant award of $246,595 in state funding.
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WHEREAS, in 2020 the City of Madison identified a grant opportunity through the Wisconsin Public Service Commission (PSC) through their Office of Energy Innovation (OEI) program; and,
WHEREAS, Sustain Dane and Elevate have been partnering since 2020 on energy efficiency work in the naturally occurring affordable housing stock in the Madison region (EE-NOAH); and,
WHEREAS, the EE-NOAH work aligns with the City’s goals around affordable housing and energy efficiency; and,
WHEREAS, in partnership with Sustain Dane, Elevate and the Northside Planning Council, the City applied for the PSC-OEI grant for EE-NOAH work in January 2021; and,
WHEREAS the Wisconsin Public Service Commission awarded the City of Madison a grant in the amount of $246,595 for the project “Energy Efficiency in Naturally Occurring Affordable Housing: Implementing Efficient Building Technologies and Preserving Affordable Housing”; and,
WHEREAS, the project work will consist of the completion energy efficiency assessments and installations on an estimated 103 units including estimated 23 units (in three buildings) on the Southwest side of Madison and 70 units (in ten buildings) on the Northside; and,
WHEREAS, the funding from the grant award will be reimbursed to the City of Madison from the PSC at the end of the grant period in 2022;
NOW, THEREFORE, BE IT RESOLVED that the Sustainability Program Coordinator is authorized to execute and file the application already filed for capital assistance from the PSC’s Energy Innovation Grant program on behalf of the City of Madison; that the Mayor will include this funding in the 2022 Executive capital budget and subject to Common Council approval the City is authorized to accept $246,595 in 2022; and
BE IT FINALLY RESOLVED that the that Mayor and City Clerk are authorized to execute a grant agreement with the Public Service Commission of Wisconsin, Office of Energy Innovation, representing the State of Wisconsin, for receipt and use of these funds.