Energy Efficiency Loans are available through the Capital for Change, Inc. to owners of one- to four-family homes . Some programs have established income limits and location requirements. Interest rates vary in accordance with the borrower's family size and income, and the loan may be repaid over up to 12 years. For certain programs, single-family homes can receive a 0% interest rate if the family has below a 50% Median Income.
Applications for these programs are available from the program web site above. In addition to the application, the borrower must submit copies of the past two years' federal tax returns (with schedules) and a copy of a monthly mortgage statement (or a release of mortgage or deed).
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Connecticut |
| Incentive Type: | Loan Program |
| Web Site: | https://www.capitalforchange.org/homeowners/energy-efficiency-programs/about-plan |
| Administrator: | Connecticut Housing Investment Fund |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Maximum Loan: |
Single family homes (1-4 family units): $25,000 Landlord Loan: $40,000 |
| Loan Term: |
0-7% depending on the program, income, family size, and location Repayment term up to 12 years (subject to change) |
| Name: | C.G.S. 16a-40b |
| Name: | H.B. 6360 |
| Date Enacted: | 6/21/2013 |
| Effective Date: | 6/21/2013 |
| Name: | Kristen Caplin |
| Address: |
121 Tremont Street Hartford CT 06105 |
| Phone: | (860) 233-5165 |
| Email: | kristen@chif.org |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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