04/22/24 - 117 New Stories - REAL Environmental & Conservation Leadership In PA: http://tinyurl.com/9bh4zbtr
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The Reinvestment Fund Selected To Manage State Green Energy Revolving Loan Fund
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The Rendell Administration has selected The Reinvestment Fund to manage the state's Green Energy Revolving Loan Fund. The new revolving loan fund is made possible through the American Recovery and Reinvestment Act. In announcing TRF's selection, the Governor said the firm's track record and its pledge to provide double the federally required match for the new program is evidence of its commitment to building a green economy in Pennsylvania.
The Department of Environmental Protection and TRF are finalizing the loan fund's guidelines. More information, as well as a form for non-residential building owners who may be interested in learning more, is available at the GERLF website.
Single-family dwellings are not eligible for financing under the new Green Energy Loan Fund. Homeowners interested in obtaining low-interest loans to help finance home-energy efficiency projects should seek assistance through the Keystone HELP program.
TRF is also responsible for administering the Sustainable Development Fund, a $32 million energy fund created by the Public Utility Commission in its final order in the PECO Energy electric utility restructuring proceeding.
All told, TRF has financed more than 2,526 projects, delivering $939 million in capital to projects throughout the Mid-Atlantic region.
Click here for the complete announcement.
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3/1/2010 |
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