Local Loans Available for Energy Upgrades
There's a new, simple way for home and business owners in Southwest Colorado to make energy efficiency and renewable energy upgrades to their homes and offices. Region 9 Economic Development District andFirst National Bank are partnering with the Colorado Housing Finance Authority (CHFA) to bring loan options for energy upgrades to our area. CHFA's Green Colorado Credit Reserve helps lending institutions offer loans for energy upgrades by incentivizing local lending institutions with a "reserve account" that offers them some protection in the event that a borrower defaults on a loan.
This is allowing businesses and homeowners to take out low-interest loans in order to reduce their energy bills allowing them to pay back the loan more quickly. This summer, make energy upgrades your home or business and take advantage of this new loan program! For more information, contact 4CORE, or the lending institutions below:
Business Energy Upgrade Loan
Ed Morlan
Region 9 Economic Development District
970-247-9621
email Ed
Home Energy Upgrade Loan
Kathy Burgess
First National Bank of Durango
970-247-3020
email Kathy
This is allowing businesses and homeowners to take out low-interest loans in order to reduce their energy bills allowing them to pay back the loan more quickly. This summer, make energy upgrades your home or business and take advantage of this new loan program! For more information, contact 4CORE, or the lending institutions below:
Business Energy Upgrade Loan
Ed Morlan
Region 9 Economic Development District
970-247-9621
email Ed
Home Energy Upgrade Loan
Kathy Burgess
First National Bank of Durango
970-247-3020
email Kathy
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