Note: The Green Communities Fund is not currently accepting new aplicantions but is seeking new funding make new loans.
The Green Communities Fund is a revolving loan fund providing low-interest loans to businesses located within the city limits of any city in Georgia. Loans are available for existing as well as new construction. In order to qualify for a loan, the applicant must first receive an energy audit to identify eligible improvements. Rebates are available for energy audits. Energy improvements must either result in a 20% reduction in building energy use, or have a 10-year return on investment. Maximum loan amounts vary based upon project costs.
Loan applications for energy efficient improvements to historic buildings should be compliant with the local Historic Preservation Commission (where present) and meet all local design guidelines.
Details regarding program eligibility, application materials, and application process are available on the program web site.
| Implementing Sector: | Non-Profit |
| Category: | Financial Incentive |
| State: | Georgia |
| Incentive Type: | Loan Program |
| Web Site: | http://www.georgiacitiesfoundation.org/GreenFund.aspx |
| Administrator: | Georgia Cities Foundation |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
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| Maximum Loan: | $250,000 |
| Loan Term: |
Interest Rate: Variable (below market rate) Loan Term: 5-15 years depending on loan amount |
| Name: | Chris Higdon |
| Organization: | Georgia Cities Foundation |
| Address: |
201 Pryor Street, SW Atlanta GA 30303 |
| Phone: | (678) 651-1018 |
| Email: | chigdon@gmanet.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.
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