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Indiana Energy Efficiency Fund (IEEF)
Indiana — state program$9.9 million (approximately 65% for loans and 25% for grants)
The IEEF provides loans and grants for commercial and residential energy audits, upgrades, and retrofits to increase energy efficiency, physical comfort, and air quality of existing building infrastructure. Indiana received $9.9 million under the IIJA and administers approximately 65% for loans and 25% for grants. OED partners with lenders through a co-lending approach to leverage private and public capital at lower interest rates.
Program details
- Type
- loan
- Amount
- $9.9 million (approximately 65% for loans and 25% for grants)
- Eligibility
- Eligible borrowers for commercial projects include businesses, non-profit organizations, or public entities that: conduct a majority of business in Indiana, and own or operate one or more commercial buildings or commercial space within a building that serves multiple functions. Eligible upgrades or retrofits must be recommended as part of a qualified energy audit.
- Status
- open
- Administrator
- Indiana Office of Energy Development (OED)
Source: Indiana — state program. Confirm current terms with the administering agency before applying.