Property owners can take out green loans by April 

It looks like Mayor Gavin Newsom and Supervisor Eric Mar’s green financing program has finally found some real green — a $3 million chunk of stimulus cash.

The program offsets the cost of residential and commercial energy and water efficiency projects. Called GreenFinanceSF, the program will allow property owners to fund environmental improvements, with the financing attached to the property and paid back on the property tax bill.

The program is set to launch in early April. The $2,955,957 funding is authorized under the American Recovery and Reinvestment Act, as administered through the California Energy Commission.

The money will go to upgrades such as insulation, windows, heating, low-flow water fixtures and renewable energy systems.

About The Author

Brent Begin

Pin It

Speaking of Under The Dome

Latest in Government & Politics

© 2019 The San Francisco Examiner

Website powered by Foundation