Finance Programs

Below is a summary of available finance programs.

FannieMae

 

Program: Fannie Mae Green Plus
Administrator: Fannie Mae and Federal Housing Administration (FHA)
Region: Nationwide
Financing Amount: No maximum or minimum
Loan Term: At least 10 years
Covers closing costs? Yes
Loan Coverage: Green retrofitting and general renovation costs
Qualification Criteria:
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Safe-Bid

 

Program: Energy Efficiency Improvements Loan
Administrator: State Assistance Fund for Enterprise, Business and Industrial Development Corporation (SAFE-BIDCO)
Region: California
Financing Amount: Up to $450,000
Loan Term: Up to 15 years
Covers closing costs? Yes
Loan Coverage: Any energy improvements (including generation)
Qualification Criteria: Small businesses, landlords, non-profit organizations
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LIIF
Program: Revolving Loan Fund
Administrator: Low Income Investment Fund (LIIF)
Region: Nationwide
Financing Amount: Up to $1 MM (unsecured), Up to $10 MM (secured)
Loan Term: Up to 10 years*
Covers closing costs? Yes
Loan Coverage: Predevelopment, acquisition, construction and mini-permanent financing
Qualification Criteria: For-profit and non-profit organizations, public and quasi-public entities, limited partnerships
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LISC

 

 

Program: Loan Products
Administrator: Local Initiatives Support Corporation (LISC)
Region: Nationwide
Financing Amount: Up to $5 MM
Loan Term: Up to 29 years
Covers closing costs? Yes
Loan Coverage: Predevelopment, acquisition, construction and mini-permanent financing
Qualification Criteria: Rental housing; for-sale housing; community facilities; commercial and mixed-use projects.
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NDC

 

 

Program: Renewable Energy Program
Administrator: National Development Council (NDC)
Region: Nationwide
Financing Amount: Up to Tax Credit maximum
Loan Term: Up to 5 years
Covers closing costs? No
Loan Coverage: Renewable energy projects (solar PV, solar thermal, wind, geothermal)
Qualification Criteria: Low-income housing, historic buildings, and new markets.
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NHT

 

 


Program: Green Affordable Housing Preservation Loan Fund
Administrator: National Housing Trust (NHT)
Region: Nationwide
Financing Amount: $50,000 – $500,000
Loan Term: Up to 5 years
Covers closing costs? No
Loan Coverage: Energy retrofits, design, planning and other project needs
Qualification Criteria: Affordable housing
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SDGE

 

 

Program: Non-Residential On-Bill Financing Program
Administrator: San Diego Gas & Electric (SDG&E)
Region: SDG&E territory
Financing Amount: $5000-$100,000
Loan Term: Up to 5 years
Covers closing costs? No
Loan Coverage: Energy retrofits must be rebated or incentivized through SDG&E
Qualification Criteria: Lighting cannot comprise > 20% of the project and project must have less than 5 year payback
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SDGE

 

 

Program: On-Bill Repayment
Administrator: San Diego Gas & Electric (SDG&E)
Region: SDG&E territory
Financing Amount: No maximum or minimum
Loan Term: No maximum or minimum
Covers closing costs? Yes
Loan Coverage: Energy retrofits must be rebated or incentivized through SDG&E
Qualification Criteria: Lighting cannot comprise > 20% of the project and project must have less than 5 year payback
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PACE


 

Program: Property Assessed Clean Energy (PACE)
Administrator: California Statewide Communities Development Authority
Region: California
Financing Amount: $50,000 – $500,000
Loan Term: 5 – 20 years
Covers closing costs? No
Loan Coverage: Renewable energy generation, energy efficiency and water conservation
Qualification Criteria: Good credit, house payments in good standing
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*Programs are subject to change without notice.

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