Thank you for the question.
The most interesting thing about the MultiRés program is that the costs are 100% borne by investors. After choosing a financial plan and a profitability or amortization model based on the various energy retrofits they want to carry out or the energy efficiency rates they want to achieve, the owner chooses a plan or model for investment and renovation.
Not having to make a down payment at the outset is a major incentive. It removes a lot of red tape. When it comes to multi-residential buildings—that is, six to 15 housing units—not everyone has the cash needed to start retrofits. MultiRés is a program that absorbs 100% of the retrofit costs and puts the homeowner in a rebate program for a set period.