Mid-Hudson Energy Transition (MHET) is thrilled to announce the launch of the HELP Fund, a groundbreaking green community investment fund that offers an innovative solution to the challenge of rapidly and equitably decarbonizing New York State’s housing stock.
The HELP Fund opens its doors to investors of all income and investment experience levels, empowering everyday New Yorkers to invest in the clean energy transition and contribute to positive climate, health, and housing justice outcomes in their local community. The capital raised by the Fund will be used to provide low-income households with accessible, low-interest financing – set at just 2% – to sustainably retrofit their homes, lowering their energy bills and reducing their carbon footprint.
To celebrate the launch of the HELP Fund, MHET hosted a press conference on September 30, 2024. Those in attendance included Kingston Mayor, Steve Noble, Ulster County Executive Jen Metzger, Ulster County Legislator Chris Hewitt, members of the press, and the MHET team.
Ulster County Legislator, Chris Hewitt, expressed his support at the press conference stating: “The reason my wife and I decided to invest is because of how easy it is to make a good return on your money on a great fund. This is setting an example of a regenerative economy where we are using our money to keep it local. I’m actually moving money from Wall Street to invest in this fund because when you invest in Wall Street, you’re investing in extractive businesses that are removing money from our communities.”
The HELP Fund has the power to transform our neighborhoods, uplift our communities, and ensure that no one is left behind in the clean energy transition. The HELP Fund is piloting in Kingston, but the HELP Fund is scalable, replicable, and built to bring long-lasting impact across New York and beyond.
If you’d like to learn more about the HELP Fund or make an investment, visit www.investinhelp.org.