The State Energy Conservation Office announces the posting of a Request for Applications (RFA). It invites applications from eligible interested entities for loan assistance to perform building energy efficiency and retrofit activities.
The Texas LoanSTAR Revolving Loan Program finances energy-related cost-reduction retrofits for state, public school district, public college, public university and tax district supported nonprofit hospital facilities. Low interest rate loans enable borrowers to implement energy-related cost-reduction efforts at their facilities. The program’s revolving loan mechanism allows borrowers to repay loans through the stream of energy cost savings realized from the projects.
This new LoanSTAR Pilot Program will review applications on a first-come, first-served basis until November 15, 2016. Applications that do not have MOU commitments by November 15, 2016, will expire.
For application information, visit the SECO website.
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