The Economic Development Corporation of the City of Detroit (EDC), together with Detroit Development Fund (DDF) is offering an energy efficiency loan product to small commercial customers. Loans between $50,000 and $150,000 are available for commercial properties seeking to install energy saving improvements.
SmartBuildings Loans must finance eligible energy-saving improvements in commercial buildings in Detroit that are owned or occupied by nonprofit organizations or for-profit entities including, but not limited to, grocery stores, restaurants, civic organizations, minority-owned businesses, low-income housing developers, etc.
Energy saving improvements could include:
- Building Enclosures - Insulation and weatherization, glass replacement.
- Building Systems – Lighting and electrical, HVAC, low flow water/plumbing.
- Alternative Energy Generation - Solar panels, geothermal, wind, & water systems
To receive an application contact: Andrea Haas, Associate Project Manager Economic Development Corporation 313.237.4622