The Kansas Housing Resources Corporation (KHRC) launched a statewide initiative to promote energy conservation and reduce home heating costs for homeowners. KHRC will provide 50% of the total loan amount, up to $10,000 with no interest. The remaining 50% of the loan amount comes from Sunflower Bank, a family-owned bank with 34 locations throughout Kansas and Colorado. Sunflower Bank will charge interest on the money they lend, but the zero-interest portion provided by the state makes the blended rate lower than a normal second mortgage loan. Loans obtained through KEEP can be used to purchase a variety of HVAC and weatherization equipment, as well as certain energy efficient appliances. Equipment must meet the efficiency requirements specified by KHRC. Interested homeowners can apply for this program through Sunflower Bank.
Implementing Sector: | State |
Category: | Financial Incentive |
State: | Kansas |
Incentive Type: | Loan Program |
Web Site: | http://www.kshousingcorp.org/programs/KEEP.shtml |
Administrator: | Kansas Housing Resources Corporation |
Start Date: | |
Eligible Renewable/Other Technologies: |
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Maximum Loan: | $10,000 for KRHC funds (Total loan amounts could be higher as determined by Sunflower) |
Loan Term: | 0% interest for the portion of the loan financed by the State |
Name: | Christine Reimler |
Organization: | Kansas Housing Resources Corporation |
Address: |
611 S. Kansas Ave, Suite 300 Topeka KS 66603-3803 |
Phone: | (785) 296-4818 |
Email: | creimler@kshousingcorp.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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