State grantNew Jersey

RETROFIT NJ Grant Program

Offered by New Jersey Economic Development Authority

Found automatically on njeda.gov/retrofit. Check details with the funder before applying.

Who can apply
Commercial, industrial, or institutional building owners or tenants doing retrofits in New Jersey buildings.
How much
$2,500,000 – $12,500,000Minimum grant award is $2,500,000. Maximum is $12,500,000 for Thermal Energy Network projects and $10,000,000 for all other projects. Disbursement caps: 50% of eligible costs for for-profit commercial projects, 60% for institutional/non-profit projects, plus a 5% bonus for projects in Overburdened Communities.
By when
Between roundsRecurring program. Next round not posted yet.Program is oversubscribed; applications received now will be placed on a waitlist and reviewed only if funding becomes available. No specific deadline date is provided.
Apply on the agency’s site

Checked Oct 19, 2026

About this grant

The RETROFIT NJ Grant Program is a $75 million pilot program by the New Jersey Economic Development Authority (NJEDA) that provides grants to support large-scale building retrofit projects that reduce carbon emissions and improve energy efficiency. The program funds projects involving thermal energy networks or at least three eligible scope categories, with awards ranging from $2.5 million to $12.5 million. Applications are currently oversubscribed and new submissions will be waitlisted.

Eligibility details

  • Notes: Applicants must be Commercial, Industrial, or Institutional building owners or equivalent tenants completing retrofit projects in existing eligible New Jersey buildings. Institutional applicants must serve a non-profit or public purpose (state and bi-state agencies excluded except state educational or healthcare entities). Private manufacturing building owners/tenants are also eligible. Buildings must be in New Jersey and meet specific property classes (4A, 4B, 4C, 15A-15F). Projects must have a minimum total eligible cost of $5,000,000 and meet carbon reduction thresholds. Applicants must be in good standing with NJ Department of Labor and Workforce Development, NJ Department of Environmental Protection, and NJ Division of Taxation. Cannabis license holders are ineligible.
Nonprofit (501c3)Nonprofit (Other)Small Business

Topics

Environment, Conservation & EnergyTechnologyWorkforce & Employment

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