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Sustainable 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.

CONTACT US

Ainsley Close | 206-254-5359  ainsley.close@wshfc.org

David Clifton | 206-287-4407  david.clifton@wshfc.org

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 ENERGY?

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.

07/28/2014

 
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Washington State Housing Finance Commission
1000 Second Avenue, Suite 2700, Seattle, WA 98104
Phone: 206.464.7139 or 800.767.4663 | Fax: 206-587-5113 | WebMaster@wshfc.org
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