Georgia Cities Foundation - Green Communities Revolving Loan Fund (Georgia)

Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place	Georgia
Name	Georgia Cities Foundation - Green Communities Revolving Loan Fund (Georgia)
Incentive Type	State Loan Program
Applicable Sector	Commercial
Eligible Technologies	Boilers, Building Insulation, Caulking/Weather-stripping, Ceiling Fan, Central Air conditioners, Chillers, Clothes Washers, Comprehensive Measures/Whole Building, Custom/Others pending approval, Dehumidifiers, Dishwasher, Duct/Air sealing, Furnaces, Heat pumps, Lighting, Lighting Controls/Sensors, Refrigerators, Roofs, Water Heaters, Solar Water Heat, Unspecified technologies, Tankless Water Heaters
Active Incentive	Yes
Implementing Sector	Non-Profit
Energy Category	Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs
Amount	$10,000-$250,000
Funding Source	Georgia Environmental Facilities Authority
Maximum Incentive	$250,000
Terms	Interest Rate: Variable (below market rate) Loan Term: 5-15 years depending on loan amount
Program Administrator	Georgia Cities Foundation
Website	http://www.georgiacitiesfoundation.org/GreenFund.aspx
Incentive Source	http://www.georgiacitiesfoundation.org/GreenFund.aspx

Summary

The Green Communities Fund is a revolving loan fund providing low-interest loans to businesses located within the city limits of any city in Georgia. Loans are available for existing as well as new construction. In order to qualify for a loan, the applicant must first receive an energy audit to identify eligible improvements. Rebates are available for energy audits. Energy improvements must either result in a 20% reduction in building energy use, or have a 10-year return on investment.

Loan applications for energy efficient improvements to historic buildings should be compliant with the local Historic Preservation Commission (where present) and meet all local design guidelines.

Details regarding program eligibility, application materials, and application process are available on the program web site.

Incentive Contact

Contact Name	Chris Higdon
Department	Georgia Cities Foundation
Division	Green Communities Fund
Address	201 Pryor Street, SW
Place	Atlanta, Georgia
Zip/Postal Code	30303
Phone	(678) 651-1018
Phone 2	(888) 488-4462
Fax	(678) 686-6289
Email	chigdon@gmanet.com
Website	http://www.georgiacitiesfoundation.org/

• Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.