In a recent New York Times blog, we found that several municipalities across the county were getting creative and experimenting with incremental, neighborhood- or district-based lending programs that help homeowners pay the up-front capital costs for residential renewable energy projects.
Under what are called “geographic targeting” or “renewable energy community” programs, a lender — be it a city, utility or bank — effectively goes door-to-door, offering homeowners or businesses within designated neighborhoods low-interest loans to complete efficiency or renewable energy projects.
The following cities have implemented these kinds of programs and are a good source of information on how other towns and cities can do the same:
See the details at http://greeninc.blogs.nytimes.com/2009/01/06/cities-use-creative-targeted-lending-to-speed-energy-projects/
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