This program is administered by the Alaska Housing Authority. Administered by the Alaska Housing Finance Corporation (AHFC), this loan program is designed to fund energy efficiency improvements to publicly owned buildings. “Borrowers obtain an Investment Grade Audit as the basis for making cost-effective energy improvements, selecting from the list of energy efficiency measures identified. All of the improvements must be completed within 365 days of loan closing. ” The amount of matching funds contributed is a scoring criterion in this competitive grant program. No maximum loan amount, 15 year term, debt service ratio is 1. 2 or greater.
Alaska Energy Efficiency Revolving Loan Fund Program
Resource Intensity: Medium
Cost Share: N/A
Support Stage: Transaction/Investment
Support to: Local Governments, Regional Education Attendance Areas, University of Alaska
Type of Funding: Loan