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Baltimore Energy Initiative Loan Program
The City Energy Office is partnering with two local non-profit organizations - Reinvestment Fund and Healthy Neighborhoods - to provide low-interest loans to non-profit and for-profit small businesses that support a strong, stable and growing future for Baltimore. Healthy Neighborhoods will be providing loans for energy projects costing less than $150,000 and Reinvestment Fund will be financing energy project costs costing $150,000 and above.
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Long Description
The mission of the Baltimore Energy Initiative Loan Program is to help building owners understand, finance and implement a range of energy measures to reduce energy waste in their buildings.
The BEI Loan Program provides loans to:
• Non-profit organizations which provide at least 50% of their services to low-income persons.
• For-profit small businesses that own or have long-term lease on their space that are located in either: a) New Markets Tax Credit census tract or b) a Baltimore Main Streets District
• Non-profit or for-profit real estate developers of properties and projects that are located in either a) New Markets Tax Credit census tract or b) a Baltimore Main Streets District AND: 1) provide new neighborhood amenities; 2) remove blight; or 3) provide 50% of their housing to to low-income persons.
The BEI Loan Program provides loans to:
• Non-profit organizations which provide at least 50% of their services to low-income persons.
• For-profit small businesses that own or have long-term lease on their space that are located in either: a) New Markets Tax Credit census tract or b) a Baltimore Main Streets District
• Non-profit or for-profit real estate developers of properties and projects that are located in either a) New Markets Tax Credit census tract or b) a Baltimore Main Streets District AND: 1) provide new neighborhood amenities; 2) remove blight; or 3) provide 50% of their housing to to low-income persons.
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No Requirements Found
Address
1707 N Charles St #200b, Baltimore, MD 21201, USA
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