$10.0M
per applicant
Loan
Below-market financing
Rolling
No fixed cutoff
Rolling
Apply when you're ready
Moderate
Underwriting required
Provides low-interest revolving loans to Virginia local governments, public schools, colleges, and nonprofits for energy efficiency improvements, with repayment from guaranteed utility cost savings.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Must be a Virginia local government, public school division, state agency, or nonprofit
2.Project must achieve measurable energy savings sufficient to repay the loan
3.Loan amounts: $50K–$10M at 2–4% interest; terms based on project payback period
4.Energy performance contract or technical feasibility study required
5.Priority for projects in economically disadvantaged communities
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