Who is Eligible for Commercial Affordable Housing Loan Program Products?
Colorado Clean Energy Fund programs address gaps in financing, making loans for clean energy and energy efficiency improvements accessible and equitable. The Affordable Housing Loan program is designed for the Colorado affordable housing sector, specifically multifamily and single-family residential units serving tenants at 120% or less of Area Median Income.
CCEF will originate this program in partnership with Impact Development Fund as loan underwriter and servicer.
Who is Eligible for an Energy Project Accelerator Loan (Energy PAL)?
CCEF’s Energy Project Accelerator Loan, or Energy PAL supports clean energy and energy efficiency improvement projects that result in reduced utility costs, reduced greenhouse gas emissions, increased electrification or electrification readiness, and/or increased renewable energy generation. The Energy PAL is a good fit for small commercial borrowers, municipalities, and nonprofits seeking equipment financing.
CCEF will originate this program in partnership with Impact Development Fund as loan underwriter and servicer. Origination fees are 2% of loan amount; application fee is deducted from the origination fee at closing.