The program is expected to help the housing authority improve its facilities, energy efficiency and resident comfort while reducing emissions and saving an estimated $1.4m in annual utility costs.
Backed by three 15-year performance contracts with Honeywell, the program features a mix of conservation measures and equipment upgrades, including a new geothermal heating, ventilation and air-conditioning system, that will impact 19 developments and more than 2,000 apartments throughout Yonkers.
In addition, MHACY will use a $4m American Recovery and Reinvestment Act grant that Honeywell helped secure from the US Department of Housing and Urban Development to fund the construction of the geothermal system.
MHACY and Honeywell said they expect to complete all the improvements by year’s end.
