New loans available to improve energy efficiency in Detroit buildings

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Building on the success of the first round of SmartBuildings Detroit Energy Conservation Program when 81 projects were funded, the Economic Development Corporation of the City of Detroit (EDC) and the Detroit Development Fund (DDF) are now offering a round of energy efficiency loans to improve commercial buildings in Detroit.

Loans between $50,000 and $150,000 are now available for commercial buildings owned or occupied by nonprofit organizations or for-profit entities including, but not limited to, grocery stores, restaurants, civic organizations, minority-owned businesses and low-income housing developers.

The energy-saving improvements could include:
• Building enclosures: insulation, weatherization, glass replacement
• Building systems: lighting and electrical, HVAC, low flow water/plumbing
• Alternative energy generation: solar panels, geothermal, wind and water systems

For more information, please visit: http://www.degc.org/businesses/smartbuildings-detroit. To receive an application, please contact me at ahaas@degc.org or call 313-237-4622.

Andrea Haas
Associate Project Manager

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