ReBuild Western Massachusetts Loan Program

November 29, 2012

Summary

NOTE: The below information is for reference only; this program is no longer available.

Massachusetts communities Brimfield, Monson, Southbridget, Springfield, Sturbridge, and Western Springfield were devastated by tornadoes on June 1, 2011.  In an effort to help tornado victims rebuild using energy efficient technologies and practices, the Department of Energy Resources developed an $8 million program.  Both grants and zero-interest loans are available.  The grants will be available through the end of April 2012, while loans will be available through the end of 2012.

Homeowners interested in a loan for a rebuild or major renovation ("gut" renovations) will have to work with a Home Energy Rating System (HERS) company throughout the project reconstruction planning and implementation. Homes that achieve better HERS scores are eligible for larger loans. In addition, rebuilds (new homes) are required to meet Massachusetts base energy code. Under any scenario, the homeowner will have to contact program administrators to pre-qualify and to get a list of participating lenders.

 

 

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Massachusetts
Incentive Type: Loan Program
Web Site: http://www.mass.gov/eea/energy-utilities-clean-tech/energy-efficiency/rebuild-western-massachusetts.html
Administrator: Green Communities Program of Department of Energy Resources
Start Date: 08/2011
Eligible Renewable/Other Technologies:
  • Solar Water Heat
  • Water Heaters
  • Chillers
  • Furnaces
  • Boilers
  • Heat pumps
  • Air conditioners
  • Building Insulation
  • Windows
  • Comprehensive Measures/Whole Building
  • Other EE
  • Tankless Water Heater
Maximum Loan: $100,000
Loan Term: Zero-interest loan, up to 15 years

Contact

Name: Rebuild Massachusetts Program Information
Address:
MA
Phone: (877) 524-1325
Email: rebuildwma@icfi.com

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.