Michael Weisberg

Mr. Weisberg founded M-Core™ Credit Corporation in 1992. Prior to commencing the full time operation of M-Core™ Mr. Weisberg served as one of two officers’ in-charge of BLT Leasing Corporation in New York City. BLT Leasing is a wholly owned subsidiary of Bank Leumi Trust Company of New York. During his tenure Mr. Weisberg helped grow the portfolio from $30 million to $250 million. M-Core™ customers include small to large middle market companies, utilities, municipalities, banks and New York Stock Exchange listed fortune 1,000 companies. M-Core™ has provided financing for energy projects to many schools within New York State, and public housing Authorities throughout the country.

In 1996 M-Core™ began an exclusive relationship with Community Bank Of Sullivan County (now called Catskill Hudson Bank) to provide equipment financing services to their client base.

In 1997 M-Core™ was chosen to operate Valley Credit Services, for Valley Resources in Cumberland, Rhode Island. Valley Resources is the gas utility in Rhode Island. M-Core™ created and ran Valley Credit Services to provide equipment financing to the Utilities commercial customers.

In 2000 M-Core™ was awarded the privilege to create and operate HVB Leasing Corp. HVB Leasing Corp. is a wholly owned subsidiary of Hudson Valley Bank headquartered in Yonkers, NY. Hudson Valley Bank is a $3 billion plus bank serving the New York Metro area. Michael Weisberg was named an officer and President of HVB Leasing Corporation along with the CEO/ President & and COO of the Bank. In 2007 Mr. Weisberg was named to the Business Development Board of Hudson Valley Bank.

Mr. Weisberg has become an expert on practical everyday real world energy savings related project financing and the NYSERDA Loan Programs.  M-Core™ has successfully funded many multi-family buildings including Co-ops, Condominiums and Commercial building energy projects.

Our partners in the energy group include several Utility companies, ESCO’s, Law firms specializing in Energy financing and global investors in energy financing.

In 2012 M-Core was selected to operate the Connecticut Energy Efficiency Financing Program by the Northeast Utilities (primarily Connecticut Light & Power and United Illuminating)

Michael Weisberg energy related SPEAKING Engagements & Committees

10/26/05 New York Association for Realty Managers (NYARM) Property & Building manager’s Meeting for NYS Real Estate Credits & NYARM Credits for Certification
Topic: Speaker on Panel for Energy Workshop on Controlling Your Energy Costs

In 2006 and 2007 Michael R. Weisberg served on a NYSERDA Technical Evaluation Panel (TEP) Served on NYSERDA TEP to solicit new provider for consulting and support services for the New York Energy Smart Loan Fund. Reviewed the RFP and evaluated responses to select a provider

6/28/06 New York City Multifamily Buildings Conference
Topic: NYSERDA Panel for Business Opportunities for ESCO’s, Energy Consultants & Building Performance Specialists
Michael Weisberg was invited by NYSERDA as a panelist to speak on the Smart Loan program.

4/24/07 NEW YORK CITY BAR ASSOCIATION ENERGY COMMITTEE
IMPLEMENTING ENERGY COST SAVING STRATEGIES IN NYC COOPERATIVES AND OTHER MULTIFAMILY BUILDINGS AND RELATED ISSUES
Topic: Financing Energy- Related Improvements in Multi-Family Dwellings
Speaker: Michael R. Weisberg, M-Core Credit Corporation

5/23/07 Westchester Business Workshop Empire Zone & NYSERDA incentives
Chaired by Mount Vernon, NY Empire Zone Program
Hudson Valley Bank Leasing Corp Michael Weisberg discussed NYSERDA program
Anchin Block & Anchin, CPA’s discussed Empire Zone program

2/7/08 Rockland Economic Development Corporation NYSERDA, Empire Zone, IDA and MAP programs workshop breakfast.
Topic: Speaker on NYSERDA smart loan program

2/25/08 Hudson Valley Architects Society Chapter meeting
Topic
Speaker: Michael Weisberg for HVB Leasing Corp discussed NYSERDA program

7/23/08 AEA MULTIFAMILY BUILDING CONFERENCE
Topic: Government Financing for Energy Savings Projects
Michael Weisberg as panelist speaker

9/12/08 Rockland County Economic Development Corp. Business Workshop Event
Topic
Speaker: Michael Weisberg for HVB Leasing Corp discussed NYSERDA program & Energy Financing. Anchin Block & Anchin, CPA’s discussed EDZ benefits.

9/25/08 DPS WGIV ON-BILL FINANCING MEETING AT NYSERDA IN ALBANY
Michael Weisberg was invited to speak before the Committee consisting of various NYS government Agencies, Utility execs, consumer advocates and the PSC to share his views and expert opinion on this topic from a Lender’s perspective.

12/09-3/10 NYSERDA Green Jobs – Green NY Multifamily Working Group
This group was convened by NYSERDA to revise the NYSERDA multi-family program per order by the Public Service Commission.

3/2011 NYSERDA Green Jobs – Green NY Multifamily Working Group
This group was convened by NYSERDA to evaluate the forthcoming revolving loan program. The group included M-Core™ Credit Corporation and two other affordable housing lending organizations.

3/23-3/24/11 Citizens Energy Corporation (Joseph Kennedy’s organization)
Michael Weisberg spoke about energy retro-fit financing and Geothermal systems at a symposium for their New York metro area energy grant recipients.

4/12/00 New York Cooperators Co-op Condo Expo
Michael Weisberg was a panelist on the opening educational session: Energy Efficiency and Sustainability. The other panelists were from Con Edison, NYSERDA and The Daylight Savings Co.

8/11 to Present New York City Mayor Bloomberg’s Clean Heat Task Force Council member, representing the only experienced financing source on the task force.

9/14/11 American Institute of Architects New York Financing Continuing Education Seminar: Energy Efficiency Part 1
Michael Weisberg was a panelist to educate architects on energy efficiency project financing.

9/14/11 Rent Stabilization Association (RSA)/ CHIP Seminar: Understanding the City’s new Clean Heat Requirements.
Michael Weisberg presented and discussed financing options for buildings to implement boiler conversions and other energy retrofit measures.

9/20/11 NYARM annual expo event
Michael Weisberg presented and discussed financing options for buildings to implement boiler conversions and other energy retrofit measures.
4/19/12 Long Island City Partnership Seminar Realistic Solutions to Financing the Reduction of Building Energy Loads
Michael Weisberg presented retro-fit project and NYSERDA financing options.

4/25/12 NYARM event ‘Are you still burning #6 fuel oil? Is natural gas not an immediate option? Michael Weisberg presented and discussed financing options for buildings to implement boiler conversions and other energy retrofit measures.

7/2012 NYSERDA Green Jobs – Green NY Multifamily Working Group On-Bill loan program
This group was convened by NYSERDA to evaluate the upcoming on-bill revolving loan program. The group included M-Core™ Credit Corporation and one other lender.

8/8/12 NYARM Event ENERGY RETROFIT Financing, Loans, Incentives & Rebates
Michael Weisberg presented and discussed the M-Core Credit/ Hudson Valley Bank financing options for buildings to implement boiler conversions and other energy retrofit measures.

9/12/12 Rent Stabilization Association (RSA)/ CHIP Seminar: New York City Energy Laws & Regulations Update 2012
Michael Weisberg presented and discussed financing options for buildings to implement boiler conversions and other energy retrofit measures.

11/ 2012 to present NYSERDA Advisory Board Member for Emerging Technology & Accelerated Commercialization (ETAC) in the multifamily marketplace. The Advisory Board is charged to help set goals and provide direction for the program. The board will provide guidance on the types of technologies and strategies to investigate and parameters and requirements for project proposals.