| Incentive Type | State Loan Program | ||||
|---|---|---|---|---|---|
| Eligible Technologies | Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Biomass, Geothermal Heat Pumps, Bio-gas, Daylighting | ||||
| Applicable Sectors | Commercial, Residential | ||||
| Incentive Amount | Vary by project, but program generally requires matching funds at least equivalent to DCED funding | ||||
| Maximum Incentive | Residential loans/loan guarantees: $100,000 Commercial loans/loan guarantees: $2 million Grants: Lesser of 10% of project costs or $500,000 | ||||
| Terms | Loans at a fixed interest rate — 4% as of March 2012 — for up to 10 years. Loans may be amortized over a period of up to 25 years. Minimum green building certification requirements apply. | ||||
| Equipment Standards | None Listed | ||||
| Installation Standards | None Listed | ||||
| Start Date |
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More Information Contact:
Program Information – DCED High Performance Building Program
Department of Community and Economic Development
Center for Business Financing – Site Development Division
Commonwealth Keystone Building
400 North Street, 4th Floor
Harrisburg , PA 17120-0225
Phone: (717) 783-5046
Fax: (717) 787-0879
E-Mail: [email protected]
Web Site: http://www.newpa.com/
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