- Multifamily Housing
- Nonprofit Facilities
- Special Programs
- Property Managers
- For Investors
Ainsley Close | 206-254-5359
David Clifton | 206-287-4407
Bainbridge grocery store greens up with help of energy bonds Town & Country Market using Qualified Energy Conservation Bonds
White House honors Commission energy expert as “Champion of Change" Avi Jacobson honored at the White House for his work to advance clean energy.
Sustainable Energy Programs
Seeking to build green, retrofit a building, or create renewable energy? Talk to us! We can reduce interest rates and provide access to capital for:
New green construction
Improving the performance of existing buildings—to save money over time
Renewable energy projects
Save energy, save money. We can help!
The Washington State Housing Finance Commission offers several ways to affordably develop energy-efficient buildings, upgrade existing buildings, and create or conserve energy.
Don’t see a fit? Ask us!
If your energy-related project doesn’t seem to fit any of these categories, call us anyway! We can help you identify options and resources.
Ainsley Close | 206-254-5359 firstname.lastname@example.org
David Clifton | 206-287-4407 email@example.com
ENERGY PROJECTS UP TO $1 MILLION
The Commission’s Sustainable Energy Trust (SET) provides a great opportunity to reduce interest rates on projects that involve energy-efficiency or renewable energy. The Commission will finance up to $1 million at favorable interest rates (subject to underwriting).
ENERGY PROJECTS OVER $1 MILLION
A tax-exempt or tax-credit bond may be an excellent tool for your project. We’re happy to help you review your bond financing options. For example, tax-exempt Industrial Development Revenue Bonds (IDBs) may work for certain infrastructure costs. Nonprofit organizations may take advantage of tax-exempt 501(c)(3) bonds for improvements to their facilities.
ENERGY RETROFITS FOR SINGLE-FAMILY HOMES, MULTIFAMILY HOUSING, AND FACILITIES
Our program also helps developers and contractors make energy-efficiency upgrades. This program is open to several financing models depending on the project. Please contact us.
Why does the Housing Finance Commission finance energy projects? First
of all, it’s good for the community. Energy-efficient buildings are more
sustainable over the long term, and cost significantly less to operate
over time. Lower energy costs also help homeowners. In fact, owners of
energy-efficient homes are 32 percent less likely to default on their
mortgages (Institute for Market Transformation, March 2013).
And finally, because the state legislature asked us to. In 2009, they empowered us to establish our sustainable energy program and the Sustainable Energy Trust.