City of Lauderhill - Revolving Loan Program

Summary

The City of Lauderhill offers interest-free loans for EnergyStar appliances through a municipal revolving loan program. Loans from $400 to $2,500 are available to homeowners purchasing new Energy Star-certified appliances from eligible retailers. Tankless water heaters, solar photovoltaic systems, and solar water heating systems are also eligible for the loan program. Loan funds have a one or two-year repayment plan. Eligibility will be determined within 10 business days.

Loan funds are made payable directly to the retailer within a week of the time the final loan documents are signed. A check will be made payable to the retailer; you must have a quote or invoice from a retailer with the name of the retailer and address. The check will be payable to the contractor with a 10% holdback for Solar Powered Systems. The holdback check will be released upon submittal of a Completion Certificate signed by both the borrower and the contractor and copies of all required city permits (if applicable). Any costs in excess of the contractors bid/quote will be the customer’s responsibility.

Loan applications are available through the program website.