Energy
Capital program: Loan or credit enhancement for local home-energy upgrade financing program
A capital project for an initiative that capializes a local financing program for home-energy upgrades.
Community Efficiency Financing See funding opportunity
Energy
Capital program: Loan or credit enhancement for local home-energy upgrade financing program
A capital project for an initiative that capializes a local financing program for home-energy upgrades.
Two funding options are available:
Capital loan combined with grant
Loan to a maximum of $10 million
Grant of up to a maximum of 50% of the loan amount to support start-up and operating costs
The combined loan and grant can cover up to 80% of total eligible program costs
Credit enhancement:
Credit enhancement of $2 million pledged by GMF to support third-party financing
Applicant must demonstrate a minimum leverage ratio of 5:1 (credit enhancement to third party capital)
Grant of up to $5 million (not to exceed the total start-up and operating costs
Energy
Pilot project: Local home-energy upgrade financing program
A pilot project for an initiative that supports implementation of a small-scale version of a local financing program for home energy upgrades.
Grants of up to $500,000 to cover up to 50% of eligible costs.
Energy
Study: Assess options for a local home-energy upgrade financing program
A feasibility study for an initiative that explores and assesses options for a financing program for home energy upgrades that can achieve triple-bottom-line benefits within your community.
Grants of up to $175,000 to cover up to 80% of eligible costs.
Energy
Study: Evaluate an existing local home-energy upgrade financing program
A program evaluation that helps municipalities with existing financing programs for home-energy upgrades to assess the historical performance of those programs and identify opportunities to improve them.
Grants of up to $175,000 to cover up to 80% of eligible costs.
Energy
Study: Design a local home-energy upgrade financing program
A feasibility study for an initiative that lays the groundwork for a home-energy upgrade financing program by documenting the details needed to obtain approval from your local government.
Grants of up to $175,000 to cover up to 80% of eligible costs.
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