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Efficient Buildings Fund (EBF)
Rhode Island — state programInterest subsidized at 33% below the borrower's market rate
The Efficient Buildings Fund (EBF) provides attractive, long-term financing to municipalities and quasi-public agencies in Rhode Island for energy efficiency and renewable energy projects. Loans are cashflow positive, with interest subsidized at 33% below the borrower's market rate, and terms ranging from one year up to the asset's useful life. Projects are ranked via the Office of Energy Resources' Project Priority List and are subject to credit approval and availability of funds.
Program details
- Type
- loan
- Amount
- Interest subsidized at 33% below the borrower's market rate
- Eligibility
- Municipalities and quasi-public agencies; projects must conserve energy or produce clean energy
- Status
- open
- Administrator
- Rhode Island Infrastructure Bank (RIIB) / Office of Energy Resources (OER)
Source: Rhode Island — state program. Confirm current terms with the administering agency before applying.