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City of Detroit - SmartBuildings Detroit Green Fund Loan (Michigan)
Incentive/Active true  +
Incentive/Amt Between 50,000 and 150,000  +
Incentive/ApplDsc Commercial  + , Local Government  + , State Government  + , Multi-Family Residential  + , Institutional  +
Incentive/ContAddr 500 Griswold  +
Incentive/ContAddr2 Suite 2200  +
Incentive/ContDept City of Detroit  +
Incentive/ContDiv Economic Development Corporation  +
Incentive/ContEmail  +
Incentive/ContName SmartBuildings Detroit  +
Incentive/ContPhone (313) 963-2940  +
Incentive/ContPlace Detroit, Michigan  +
Incentive/ContWebsite  +
Incentive/ContZip 48226  +
Incentive/EnergyCat Renewable Energy Incentive Programs  + , Energy Efficiency Incentive Programs  +
Incentive/FundSrc The American Reinvestment and Recovery Act (ARRA) of 2009; State Energy Program  +
Incentive/ImplSector Local  +
Incentive/MaxInc 100,000  +
Incentive/Name City of Detroit - SmartBuildings Detroit Green Fund Loan  +
Incentive/ProgAdmin The Economic Development Corporation  +
Incentive/Summary '''''Note: ''''''''''Check the program web
'''''Note: ''''''''''Check the program web site for information regarding solicitations.''''' The Economic Development Corporation (EDC) of the City of Detroit is offering financial assistance to commercial, institutional, and public buildings in Detroit that install energy efficiency and renewable energy technologies. Loans are available between $50,000 to $150,000. Eligible technologies include building insulation, glazing treatments, windows, doors, weatherstripping, insulated roofs, solar panels, geothermal installations, wind, hydroelectric, thermal load reduction, HVAC, interior and exterior lighting, electrical, humidification, and low flow water/plumbing projects. Other technologies may also be eligible for funding. In order to apply for financial assistance, contact the Program Manager listed below. Applicants may use funding from this grant program in combination with the [ SmartBuildings Detroit Grant Program]. ''This program is part of the U.S. Department of Energy's (DOE) [ Better Buildings Program]. The DOE has awarded over $500 million in federal funds to more than 40 states, local governments, and organizations to administer local programs targeting a variety of building types. Combined, these local programs are expected to improve the efficiency of more than 170,000 buildings through 2013 and save up to $65 million in energy costs annually.''<br> <br>
rgy costs annually.''<br> <br>  +
Incentive/TechDsc Lighting + , Chillers + , Furnaces + , Boilers + , Heat pumps + , Central Air conditioners + , Heat recovery + , Steam-system upgrades + , Caulking/Weather-stripping + , Building Insulation + , Windows + , Doors + , Roofs + , Custom/Others pending approval + , Solar Water Heat + , Photovoltaics + , Wind + , Hydroelectric energy + , Ground Source Heat Pumps + , Other Distributed Generation Technologies +
Incentive/Terms A maximum fee of 1 percent of the loan amo
A maximum fee of 1 percent of the loan amount or 500, whichever is greater, can also be charged, in addition to lenders out of pocket expenses. SmartBuildings Loan terms will be not to exceed 7 years. An initial interest rate of 2.99% which can increase to 5.99 % per annum over time.
an increase to 5.99 % per annum over time.  +
Incentive/Type Local Loan Program +
OpenEI/PageDescription City of Detroit - SmartBuildings Detroit Green Fund Loan: energy incentive program.  +
OpenEI/PageKeyword Energy Incentives  + , Michigan  + , Local Loan Program  + , The Economic Development Corporation  +
Place Michigan: Energy Resources +
Website  +
Categories Financial Incentive Programs , Pages with reference errors , Incentive with Contacts
Modification date
"Modification date" is a predefined property that corresponds to the date of the last modification of a subject and is provided by Semantic MediaWiki.
03:56:29, 6 January 2015  +
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