| 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 |
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| Incentive Amount | Vary by project, but program generally requires matching funds at least equivalent to DCED funding |
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| 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. |
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| Equipment Standards | None Listed |
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| Installation Standards | None Listed |
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| Start Date | | Start Date: | April 2009 | | Expiration Date: | None |
|
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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/