The New York State Energy Research and Development Authority (NYSERDA) is seeking proposals for a Loan Loss Reserve to catalyze clean energy financing in New York State communities. The program aims to provide financial reimbursement for defined losses on individual transactions that support clean energy improvements in residential, small commercial, not-for-profit, or multifamily buildings. The program will remain open until $10,000,000 is fully awarded. • The program will provide loan loss reserve awards to qualified finance providers for clean energy projects. • The program will support clean energy improvements in residential, small commercial, not-for-profit, or multifamily buildings. • The program will provide funding for renewable energy, energy efficiency, health and safety, and resiliency measures. • The program will prioritize projects that support New York State's decarbonization goals. • The program will allow applicants to offer loans with dealer-point buydowns, provided it results in a lower net present value cost to the borrower.