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Energy Efficiency Revolving Loan Fund (EE RLF) — Bridge Loans
Illinois — state programup to $1 million eachDeadline: rolling
Short-term bridge loans (12–18 months) funded by U.S. DOE provide interim financing to cover the gap between funding an energy efficiency or clean energy project and receiving federal tax credits (including elective/direct pay), Investment Tax Credits (ITC), RECs, or other state/utility incentives. Eligible projects include solar, battery storage, geothermal, and other clean energy upgrades in commercial buildings (including multifamily with 5+ units) in Illinois that have undergone a qualified energy audit; new construction is not eligible.
Program details
- Type
- loan
- Amount
- up to $1 million each
- Deadline
- rolling
- Status
- open
- Administrator
- Illinois Finance Authority (IFA) / Illinois Climate Bank
Source: Illinois — state program. Confirm current terms with the administering agency before applying.