AFFORDABLE HOUSING NEW CONSTRUCTION APPLICATION & GUIDELINES

Transcription

1 ComEd Energy Efficiency Program AFFORABLE HOUSING NEW CONSTRUCTION APPLICATION & GUIELINES IRECTIONS: Please save a copy of this form to your computer by selecting FILE/SAVE AS before entering text and numbers. Then fill in your information electronically and select SAVE. Note that this form requires the current Adobe Reader version to function properly. ownload the most recent version of Adobe Reader at TYPE OF SUBMISSION 0 PApplication 0 P TYPE OF APPLICATION Changed/Corrected Application P P P New Continuation (i.e. multiple year incentive) Revision (modification to initial application) ATE/TIME RECEIVE BY ComEd (Completed by ComEd upon receipt of application) ate: Time: SUBMITTING AN APPLICATION For more information, see Program Guidelines starting on page 10. Applications under this program will be accepted on an on-going basis through ecember 31, NOTE: If you are applying for IHA Tax Credits and require a program eligibility letter from ComEd indicating that you are pursuing incentives through the Affordable Housing New Construction ( AHNC ) program, you must complete and submit this application and all required documentation to ComEd no later than two weeks prior to the IHA deadline. FOR MORE INFORMATION BusinessEE@ComEd.com C ALL : MAIL : ComEd Energy Efficiency Program Attn. New Construction Program Team - AHNC 749 University Row, Suite 320 Madison, WI VISIT : ComEd.com/PSEE ComEd. I poweringlives An Exelon Company A NicorGas PE~PLES GAS" NATURAL GAS ELIVERY N~RTH SHORE GAS" NATURAL GAS ELIVERY This program is funded by ComEd, Nicor Gas, Peoples Gas, and North Shore Gas customers in compliance with Illinois law.

2 REQUIRE INFORMATION TO BE CONSIERE COMPLETE, YOUR APPLICATION MUST INCLUE ALL OF THE FOLLOWING 4 SECTIONS. SECTION 1: PROJECT INFORMATION Check type of project: New Single Family Low Rise / 3 stories and under (Appendix A) Single & Multi-Family Rehab (Appendix B) New Multi-Family Construction / 4 stories and above (Appendix C) Project name: Project s electric utility: ComEd 0 0 P 0 0 P 0 I Project s natural gas utility (select one): PNicor Gas PPeoples Gas PNorth Shore Gas Project s heating fuel type (select one): Natural gas Electricity 0 P Other Other funding involved in project: IHA HU Certification being sought: ENERGY STAR LEE Other None Tax status: Non-profit/Tax exempt For-profit Corp Gov Other SECTION 2: BUILING INFORMATION Project building(s) address: City: State: Zip code: Building type code - check all that apply NC-MF < 80 = New construction multi-family building with less than 80 units NC-MF > 80 = New construction multi-family building with 80 units or more Rehab MF = Multi-family rehab NC-SF = New Construction single family Rehab SF = Single-family rehab NC-2 = New construction duplex NC-3 = New construction 3-flat NC-4 = New construction 4-flat NC-6 = New construction 6-flat OTH = Other Building area (sq ft): Number of units: Number of units targeted to households at or below 80% AMI: Project closing date: Estimated construction start date: Estimated construction completion date: Architect contact name: Architect company name: Architect company address: City: State: Zip code: Telephone: General contractor contact name: General contractor company name: General contractor company address: City: State: Zip code: Telephone: 2 Affordable Housing New Construction Application & Guidelines

3 REQUIRE INFORMATION SECTION 3: APPLICANT INFORMATION Legal company name: Common company name (BA): Telephone: Employer / Taxpayer identification number (EIN, TIN): - (Please attach copy of W9) Business address: City: State: Zip code: Applicant name and contact information for person to be contacted for PROGRAM matters involving this application Program contact name: Program contact title: Organizational affiliation: Telephone: Fax: Applicant name and contact information for person to be contacted for BUSINESS/AMINISTRATION OFFICE matters involving this application Business/Administration office contact name: Business/Administration office contact title: Organizational affiliation: Telephone: Fax: SECTION 4: APPLICANT S PROJECT Estimated funding - check all that apply Amount requested from ComEd: $ Local contribution: $ Program income: $ Applicant contribution (e.g. in kind, matching): $ Other source of contribution: $ APPLICANT CERTIFICATION: Payment of incentives requires compliance with program requirements as well as Terms and Conditions contained in the program Incentive Agreement to be issued at the time of award. I agree to comply with any resulting terms if I accept an award. I am aware that any false, fictitious, or fraudulent statements or claims may subject me to criminal, civil, or administrative penalties. (U.S. Code, Title 218, Section 1001). By signing this application, I certify the statements and information provided herein are true, complete, and accurate. Authorized representative signature: Print name: ate signed: Title and/or relationship to company: Fax: Telephone: 3 Affordable Housing New Construction Application & Guidelines

4 APPENIX A NEW SINGLE-FAMILY AN LOW-RISE RESIENTIAL CONSTRUCTION / 3-STORIES AN UNER MINIMUM ENERGY STANARS I. INSULATION II. WINOWS Sidewalls Wood framing - R-21 insulation with R-5 minimum continuous insulation and» blown cavity, or» flash & batt with minimum 1 closed cell spray foam and unfaced batt or blown insulation, or» closed cell spray foam insulation Metal framing R-23 insulation with R-10 minimum continuous insulation and» blown cavity, or» flash & batt with minimum 1 closed cell spray foam and unfaced batt or blown insulation, or» closed cell spray foam insulation Attic/Roof Attic cavity» R-49 blown or spray foam insulation (no batts)» minimum R-38 over exterior wall top plates with barrier to hold insulation over plate and prevent wind washing» all attic bypasses sealed Roof top» R-49 average insulation Foundations Slab-on-grade» R-10 full slab & R-5 edge insulation Basement» R-15 exterior or interior foundation insulation» R-21 rim joist insulation Crawl space (walls)» R-15 exterior or interior foundation wall insulation and» R-21 rim joist insulation Crawl space (floor)» full joist cavity insulation with R-7 continuous and sealed insulation over floor joists Maximum U-value of 0.30 or ENERGY STAR rated for window unit III. AIR SEALING Air sealing to meet the requirements in Table R in the 2015 International Energy Conservation Code Single-family dwelling units not to exceed 4.0 air changes/hour at 50 Pa as measured with blower door Multi-family units (3 stories and under) not to exceed 0.30 CFM50/ft 2 of envelope area Interior perimeter walls between dwelling units in multi-family buildings shall be air sealed IV. MECHANICAL See Appendix, Mechanical Systems V. VENTILATION welling units shall meet the requirements of ASHRAE , Ventilation and Acceptable Indoor Air Quality in Low-Rise Residential Buildings Ventilation calculations must be provided Ventilation fans shall meet the efficacy requirements shown in Table R in the 2015 International Energy Conservation Code V1. APPLIANCES If provided, refrigerators, dishwashers, clothes washers and ceiling fans must be ENERGY STAR rated VII. LIGHTING All interior hard-wired fixtures must be ENERGY STAR rated fluorescent, LE or approved equivalent All common area and exterior lighting to be fluorescent, LE or approved equivalent Provide interior Lighting Power ensity calculations for dwelling units (watts/ft 2 ) 4 Affordable Housing New Construction Application & Guidelines

5 APPENIX B SINGLE & MULTI-FAMILY BUILING REHAB MINIMUM ENERGY STANARS I. INSULATION IV. MECHANICAL Sidewalls See Appendix, Mechanical Systems Masonry - R-19 insulation» Blown with minimum 2 thermal break between framing and masonry, or» Flash & batt with minimum 2 closed cell spray foam used as thermal break and unfaced batt or blown insulation, or» Closed cell spray foam insulation with minimum 2 thermal break Wood frame - Full cavity blown or spray foam insulation Attic/Roof Attic cavity» R-49 blown or spray foam insulation (no batts)» Minimum R-38 over exterior wall top plates with barrier to hold insulation over plate and prevent wind washing» All attic bypasses sealed Roof top» R-49 average insulation Foundations Basement» R-15 exterior or interior foundation insulation, or» Full joist cavity insulation over unconditioned basement, and» R-21 rim joist insulation Crawl space (walls)» R-15 exterior or interior foundation wall insulation and» R-21 rim joist insulation Crawl space (floor)» Full joist cavity insulation with R-7 continuous and sealed insulation over floor joists II. WINOWS Maximum U-value of 0.30 or ENERGY STAR rated for window unit III. AIR SEALING Air sealing to meet the requirements in Table R in the 2015 International Energy Conservation Code Single-family dwelling units not to exceed 4.0 air changes/hour at 50 Pa as measured with blower door Multi-family units not to exceed 0.30 CFM50/ft 2 of envelope area Interior perimeter walls between dwelling units shall be air sealed V. VENTILATION Three stories and under» welling units shall meet the requirements of ASHRAE , Ventilation and Acceptable Indoor Air Quality in Low-Rise Residential Buildings» Ventilation fans shall meet the efficacy requirements shown in Table R in the 2015 International Energy Conservation Code» Ventilation calculations must be provided Four stories and over» welling units shall meet the requirements of ASHRAE , Standard for the esign of High-Performance Green Buildings (section 8.3.1)» Ventilation calculations must be provided V1. APPLIANCES If provided, refrigerators, dishwashers, clothes washers and ceiling fans must be ENERGY STAR rated VII. LIGHTING Three stories and under» All interior hard-wired fixtures must be ENERGY STAR rated fluorescent, LE or approved equivalent» All common area and exterior lighting to be fluorescent, LE or approved equivalent» Provide Lighting Power ensity calculations for dwelling units (watts/ft 2 ) Four stories and over» All interior hard-wired fixtures must be ENERGY STAR rated fluorescent, LE or approved equivalent» All common area and exterior lighting to be fluorescent or approved equivalent» Provide interior Power Lighting ensity calculations per ASHRAE (section ); not to exceed 0.57 watts/ft 2» Provide interior Lighting Power ensity calculations for dwelling units (watts/ft 2 ) 5 Affordable Housing New Construction Application & Guidelines

6 APPENIX C NEW MULTI-FAMILY BUILING CONSTRUCTION / HIGH-RISE RESIENTIAL CONSTRUCTION / 4-STORIES AN ABOVE MINIMUM ENERGY STANARS I. INSULATION Sidewalls Metal framing - R-23 insulation with R-10 minimum continuous insulation and» Blown cavity, or» Flash & batt with minimum 1 closed cell spray foam and unfaced batt or blown insulation, or» Closed cell spray foam insulation Wood framing- R-21 insulation with R-5 minimum continuous insulation and» Blown cavity, or» Flash & batt with minimum 1 closed cell spray foam and unfaced batt or blown insulation, or» Closed cell spray foam insulation Attic/Roof Attic cavity» R-49 blown or spray foam insulation (no batts)» Minimum R-38 over exterior wall top plates with barrier to hold insulation over plate and prevent wind washing» All attic bypasses sealed Roof top» R-49 average insulation Foundations Slab-on-grade» R-10 perimeter (6 feet in) & R-5 edge insulation Basement» R-15 exterior or interior foundation insulation» R-21 rim joist insulation Floors over parking garages» R-30 insulation II. WINOWS Maximum U-value of 0.30 or ENERGY STAR rated for window unit III. AIR SEALING Air sealing to meet the requirements in Table R in the 2015 International Energy Conservation Code Multi-family units not to exceed 0.30 CFM50/ft 2 of envelope area Interior perimeter walls between dwelling units shall be air sealed IV. MECHANICAL See Appendix, Mechanical Systems V. VENTILATION welling units shall meet the requirements of ASHRAE , Standard for the esign of High-Performance Green Buildings (section 8.3.1) Ventilation calculations must be provided V1. APPLIANCES If provided, refrigerators, dishwashers, clothes washers and ceiling fans must be ENERGY STAR rated VII. LIGHTING All interior hard-wired fixtures must be ENERGY STAR rated fluorescent, LE or approved equivalent All common area and exterior lighting to be fluorescent, LE or approved equivalent Provide interior Power Lighting ensity calculations per ASHRAE (section ) ; not to exceed 0.57 watts/ft 2 Provide interior Lighting Power ensity calculations for dwelling units (watts/ft 2 ) 6 Affordable Housing New Construction Application & Guidelines

7 APPENIX MECHANICAL SYSTEMS Furnaces» Minimum 95% AFUE» irect vent sealed combustion» ECM motor on air handler Central air conditioners» Minimum 14.5 SEER Boilers» Minimum 88% AFUE» irect vent sealed combustion Heat pumps» ENERGY STAR rated» Minimum 9.25 HSPF» Minimum 12 EER Packaged Terminal Air Conditioners (PTACs)» PTAC units must meet or exceed the standards in ASHRAE , Standard Energy for the esign of High Performance in Green Buildings, table B-4. Installation of PTAC units may result in a reduced grant amount even though the PTAC Standards have been met or exceeded. ucts» All duct joints (supply & return) sealed with duct mastic» All ducts and pipes located in conditioned areas Water heaters Residential gas» Minimum 67% EF» irect vent sealed combustion Commercial gas» Minimum 88% thermal efficiency Residential electric» Minimum 92% EF Systems not listed here must meet or exceed ASHRAE , Standard for the esign of High Performance Green Buildings, Normative Appendix B, Tables B-1 through Table B-5. 7 Affordable Housing New Construction Application & Guidelines

8 APPENIX E CONSTRUCTION OCUMENT CHECKLIST PLEASE SUBMIT THIS CHECKLIST WITH THE CONSTRUCTION OCUMENTS. This checklist is not required to be submitted with ComEd s Affordable Housing New Construction application. APPLICANT: PROJECT NAME: P Project type (select one): PNew SF or New Low Rise MF (3 stories and under) PNew SF PMF Rehab New MF (4 stories and over) PLEASE PROVIE THE FOLLOWING INFORMATION - If more space is needed, include attachments or request additional copies of Appendix E INSULATION ESCRIPTION - Include all details and schedules as required INSULATION R-VALUE SHEET NUMBER(S) Attic and/or roof insulation: Sidewall insulation: Foundation wall and/or slab insulation WINOW ESCRIPTION (RESIENTIAL) - Include all details and schedules as required WINOW ASSEMBLY U-VALUE SHEET NUMBER(S) PLEASE SUBMIT CUT SHEETS FOR THE FOLLOWING ITEMS INCLUE IN THE PROJECT HVAC ESCRIPTION - Include all details and schedules as required HVAC EFFICIENCY SHEET NUMBER(S) Heating system type: Air conditioning type: Water heater type: 0 0 Ventilation sized according to (select one): PASHRAE PASHRAE (Please attach ventilation calculations) PLEASE SUBMIT CUT SHEETS FOR THE FOLLOWING ITEMS INCLUE IN THE PROJECT - Cut sheets should show ENERGY STAR certification APPLIANCES Refrigerators - number in project: Washing machines - number in project: ishwashers - number in project: Ceiling fans - number in project: Bathroom exhaust fans - number in project: Check box if not in project Check box if not in project Check box if not in project Check box if not in project Check box if not in project Notes: Notes: Notes: Notes: Notes: 8 Affordable Housing New Construction Application & Guidelines

9 LIGHTING APPENIX E (continued) CONSTRUCTION OCUMENT CHECKLIST Complete the following lighting schedule or indicate sheet number in construction documents where lighting schedule may be found. If lighting schedule is part of the construction documents, please ensure that the schedule includes the information requested below. Please note that Lighting Power ensity is required for buildings that are four or more stories and must be no greater than 0.46 w/ft 2. If more space is needed, include attachments or request additional copies of Appendix E. UNIT LIGHTING - Includes all lighting within residential units LOCATION(S) QUANTITY OF WATTAGE OF QUANTITY OF MANUFACTURER & CATALOG NUMBER LAMPS/FIXTURE LAMPS/FIXTURE FIXTURES COMMON AREA LIGHTING - Corridors, stairwells, lobby, activity, fitness, library, dining, laundry; no management offces or commercial spaces LOCATION(S) QUANTITY OF WATTAGE OF QUANTITY OF MANUFACTURER & CATALOG NUMBER LAMPS/FIXTURE LAMPS/FIXTURE FIXTURES EXTERIOR LIGHTING - Only lighting attached to building; no landscape or parking LOCATION(S) QUANTITY OF WATTAGE OF QUANTITY OF MANUFACTURER & CATALOG NUMBER LAMPS/FIXTURE LAMPS/FIXTURE FIXTURES ONLY FOR BUILINGS THAT ARE FOUR OR MORE STORIES Lighting power density per ASHRAE : (watts/ft 2 ) 9

10 PROGRAM GUIELINES PROGRAM WILL ACCEPT APPLICATIONS THROUGH ECEMBER 31, 2017 I. PROGRAM INFORMATION Objectives. Purpose. Commonwealth Edison Company ( ComEd ) administers a portfolio of programs, as part of ComEd s Energy Efficiency Portfolio Standard ( EEPS ), to implement cost-effective energy efficiency measures that help meet annual energy savings targets. Implementing such measures enhances economic development in the state of Illinois, through energy cost savings, job creation, and business development. Specifically, the Low-Income Energy Efficiency Programs ( Low-Income Programs ) provide incentives for projects that increase the energy efficiency of low-income households. The Affordable Housing New Construction ( AHNC ) program will, to the extent funds are available, offer these incentives in the service territory of Commonwealth Edison ( ComEd ), Nicor Gas Company ( Nicor Gas ), Peoples Gas ( Peoples ), and/or North Shore Gas ( North Shore ). Background. The U.S. epartment of Housing and Urban evelopment defines housing to be affordable if housing cost is no more than 30 percent of a household s income. Housing cost is defined as rent or mortgage, plus energy costs. Typically, affordable rents and mortgages are achieved by minimizing construction costs. Yet, in an effort to meet this goal, the developer often excludes energy efficiency. The result is housing with affordable rents or mortgages, but unaffordable energy costs. Energy efficient building practices are often excluded from affordable housing projects for two primary reasons. First, developers, architects and builders do not know or understand what constitutes energy efficient building practices. Second, it is a frequent misconception that energy efficient building practices cost too much. In recognition of these issues, ComEd delivers the Affordable Housing New Construction program. The goal of the program is to promote the benefits of lower utility bills on low-income households, as a result of living in energy efficient buildings. Another integral part of the program is educating those involved in the development of affordable housing on the various cost effective energy efficient building practices that can be included in building construction. ComEd works with Illinois-based affordable housing developers to integrate energy efficient building practices into the rehab and new construction of multi-family and single-family buildings. Incentives are provided by ComEd to help offset the incremental costs associated with increased energy efficiency. Energy efficient building practices emphasized under the program include: 1. High Insulation Levels 2. Indoor Air Sealing 3. Controlled Ventilation 4. High Efficiency Heating Systems The Affordable Housing New Construction program has the following objectives: Identify electricity and natural gas savings opportunities in affordable housing projects to maximize energy savings. emonstrate the impact that energy efficiency has on creating and maintaining affordable housing as a result of being energy efficient. Educate developers, architects, and builders about various energy efficient building measures suitable for residential construction such that they use these measures on other projects not receiving incentives from ComEd. Educate affordable housing lending partners as to the benefits of energy efficient buildings. Stabilize low-income neighborhoods through energy efficient building rehabilitation and new construction. For additional information contact ComEd at or BusinessEE@ComEd.com. II. EFINITIONS The terms used in this document have the meanings set forth below. Act means the Public Utilities Act. Applicant means non-profit and for-profit affordable housing developers proposing a residential energy efficiency project in Illinois that applies under this program. Application means a request for program funds by submitting the required information, on ComEd s approved forms and attachments, as prescribed in these Guidelines. Energy efficiency measures means measures that reduce the total Btus of electricity and/or natural gas required to achieve a given end use or uses. Entity means any applicant submitting an application to ComEd. Participant means an entity that has been awarded an incentive under this program. Participant means an entity that has been awarded an incentive under this program. Performance Period means the length of time the Participant is required to operate the project and submit information/data to ComEd. Project means the suite of the applicant s proposed activities that ComEd agrees to fund through this program. Project Completion ate means the date that all project tasks are completed and deliverables submitted. 10 Affordable Housing New Construction Application & Guidelines

11 III. FUNING INFORMATION Funding Authority. The funding source for the Affordable Housing New Construction program is the Energy Efficiency Section of the Public Utilities Act. The statute provides funding for the EEPS and sets certain statutory requirements to meet incremental annual energy savings goals; procure a minimum percentage of the portfolio from local governments, municipal corporations, public schools, and community colleges; and target low income households proportionate to their share of annual utility revenues. The Affordable Housing New Construction program is one component of ComEd s total portfolio designed to meet its obligations under the Act. Funding levels are determined each year by ComEd under a plan submitted to the Illinois Commerce Commission. ComEd reserves the right to limit the total amount of funding for this program in any given fiscal year. Incentive Funding Levels. Rehab Incentive amounts of up to $4,650 per living unit for single-family homes Incentive amounts of up to $4.60/ft 2 of gross square footage of living space or $4,650, whichever is less, for multi-family buildings that will result in less than 80 units Incentive amounts of up to $4.35/ft 2 of gross square footage of living space or $4,650, whichever is less, for multi-family buildings that will result in 80 units or more New Construction Incentive amounts of up to $4,150/living unit for new single-family homes Incentive amounts of up to $6,700/building for new duplex construction Incentive amounts of up to $7,800/building for new 3-flat construction Incentive amounts of up to $8,900/building for new 4-flat construction Incentive amounts of up to $11,500 for new 5-flat construction Incentive amounts of up to $4.35/ft 2 of gross square footage of living space in new multi-family buildings with less than 80 units Incentive amounts of up to $4.10/ft 2 of gross square footage of living space in new multi-family buildings with 80 units or more ComEd reserves the right to negotiate the incentive amount with the incentive applicant depending upon availability of incentive funds, scope and size of project. ComEd reserves the right to modify the incentive amounts as needed to fulfill the EEPS statutory requirements or based on current market development, technology development, evaluation, measurement and verification (EM&V) results and program implementation experience. The ComEd Program Manager reserves the right to waive funding limitations and other program parameters. The ComEd Program Manager has the authority to implement pilot projects under this program. IV. ELIGIBILITY The standards outlined in the application are prescriptive; that is, meeting the standards is the minimum required for obtaining an incentive. Trade-offs are not permitted. Eligible Applicants. This program is open to Illinois-based affordable housing developers building or rehabbing single-family and multifamily buildings. evelopers must meet the following: Projects must be targeted to households at or below 80 percent Area Median Income (AMI) 1 ; and Applicants will be required to indicate the number of units that will be targeted to households at or below 80 percent AMI. Funding under this program may be requested to help offset additional costs of installing prescriptive measures to meet the energy efficient standards. Applicants may request incentive funding for more than one building. Eligible Expenditures. Incentive funds are to be used to offset the additional material and labor costs required to include energy efficient measures in residential construction. Eligible expenditures include items such as insulation, upgraded windows, lighting, ENERGY STAR appliances, air leakage testing, materials and labor to include air-sealing work, ventilation systems and upgrades to the heating, air conditioning and domestic hot water systems. Ineligible Expenditures. All non-living spaces are ineligible to receive program funds. Non-living spaces include, but are not limited to, administrative offices, commercial space and basement space (unless the basement will be finished as living units). Incentive funds may not be used to purchase property, pay operating expenses or provide for incentive recipient s personnel expenses. Additional architectural and/or engineering services that may be required as a result of meeting these standards are not eligible for funding. V. PROGRAM SPECIFIC REQUIREMENTS Air Leakage Testing. Air leakage testing is required in completed units. Participants are responsible for securing the services of a company certified to do air leakage testing. A list of certified companies may be found here: Units must meet the appropriate air sealing standard (outlined in the application). Copies of the air leakage reports must be provided to ComEd s AHNC team. If an incentive is provided on a per unit or per building basis, all units must receive an air leakage test. If the incentive is provided on a per square footage of living space basis, air leakage testing may be done utilizing the RESNET Mortgage Industry National HERS Standards sampling protocol, section For information on Area Median Income (AMI), see 2 In essence, the first completed 7 units must be tested. If all 7 units pass, 1 in 7 remaining completed units must be tested. See Section of the RESNET document for additional information and requirements if a unit should fail the air leakage test. 11 Affordable Housing New Construction Application & Guidelines

12 V. PROGRAM SPECIFIC REQUIREMENTS (continued) Sampling protocol must be applied to all residential units, not just those targeted to households at or below 80 percent AMI. Applying for IHA Tax Credits. evelopers applying for Illinois Housing evelopment Authority (IHA) Tax Credits that require a letter from ComEd indicating that an energy incentive is being sought through the Affordable Housing New Construction program must complete and submit this application to ComEd no later than two weeks prior to the IHA deadline. In addition, schematic floor plans showing dimensions or areas of residential spaces must be submitted to ComEd s AHNC team no later than two weeks prior to the IHA deadline. VI. PROGRAM AMINISTRATION Payment Schedule. The payment schedule will be according to the structure shown below. However, ComEd reserves the right to determine the appropriate payment structure on a projectspecific basis. Approximately 50 percent upon incentive execution and initiation of construction at building site. Interim payments may be negotiated ComEd, subject to appropriations. Remaining incentive payment upon ComEd s verification that energy efficiency measures are installed and operational. Incentive Reporting/Monitoring. Participants will be required to submit progress reports in accordance with the requirements of the incentive agreement. ComEd reserves the right to structure reporting requirements on a project specific basis. As acceptance of the incentive, the recipient agrees to assist with an energy consumption analysis for up to three years following occupancy of the building(s). ComEd Program Manager will monitor the Participant s compliance with the terms of the incentive agreement. Authority/Approvals. The applicant s signature on the compliance statement as set forth in this application is its certification that all authorizations required to perform the project have either been obtained or will be obtained. ComEd has the authority to rescind the incentive if the project has not begun within 270 days following the incentive beginning date set forth in the Notice of Incentive Award issued by ComEd. Legal Compliance. The applicant must certify on the application that the project complies with all applicable state, federal, and local environmental and zoning laws, ordinances, and regulations and that all permits, licenses, etc., required to perform the project have either been obtained or will be obtained. Incentive uration/performance Period. The incentive term/performance period will be determined on a project specific basis. Participants will be required to certify the project commencement date to ComEd. The Agreement may require up to 36 months of performance data following the project occupancy. VII. APPLICATION PROCESS Application Format/Submittal. Applicants are encouraged to discuss the project with the Program Manager prior to submitting their application. A pre-application meeting is highly recommended. Each application submitted under these guidelines must include all of the information required in the incentive application documentation. Schematic floor plans of the project shall be submitted with the application. Schematic drawings may be submitted in pdf format. Applications under this program will be accepted on an on-going basis throughout the program year, but must be submitted by ecember 31, Pre-Application Meeting. Prospective applicants are encouraged to have their application development team contact ComEd s program staff as early in the design process as possible. This conference should occur before construction documents have been completed and should include the project architect and general contractor. Schematic design drawings, if completed, should be made available to the program staff and the program s consulting architect prior to the meeting. Various methods for meeting the energy efficiency standards will be reviewed during the conference. Modifications to the energy standards may be made depending upon type of construction proposed for the development. Typical energy efficient building details and specifications will be made available to the applicant, architect and general contractor for review. Incentive amount, payment and reporting schedule will be discussed. Attendance at a pre-application meeting confers no right upon any applicant. ComEd is not obligated to award a incentive or to pay any costs incurred by the applicant as a result of the pre-application meeting. Application Evaluation. All applications for funding will be reviewed for completeness and for compliance with program requirements. Applications will also be evaluated on the basis of previous construction experience, costs to include the energy efficient measures, construction start dates, and availability of funding. Upon recommendation by the AHNC team, negotiations between ComEd and the applicant shall be initiated. uring the negotiation process, the AHNC team shall conduct a technical review of the project and offer technical assistance to the applicant to ensure the cost effectiveness of the project. Applicants selected for funding will be those that demonstrate, through the negotiation process, the applicant s ability to integrate energy efficient building measures in building construction or rehab at a reasonable cost while meeting the program s objectives. Prior to incentive award the Applicant will be expected to submit construction documents and a Construction ocuments Checklist. 12 Affordable Housing New Construction Application & Guidelines

13 Rejection of Applications. ComEd reserves the right to reject any and all applications submitted for funding under this program. The submission of an application under these guidelines confers no right upon any applicant. ComEd is not obligated to award any incentives under this program, to pay any costs incurred by the applicant in the preparation and submission of an application, or pay any incentive related costs incurred prior to June 1, ComEd. I poweringlives An Exelon Company ~ NicorGas PE~PLES GAS" NATURAL GAS ELIVERY N~RTH SHORE GAS" NATURAL GAS ELIVERY Commonwealth Edison Company, 2017 This program is funded by ComEd, Nicor Gas, Peoples Gas, and North Shore Gas customers in compliance with Illinois law. PY9_Affordable Housing_NewConstruction_Application_