COMMERCIAL
Historic School Building Transforms into Energy Efficient, Low-Income Housing in Rural Colorado
What CCEF
Financed
Solar Panels
Light Fixtures
High Efficiency Water
Heating System
Energy Efficiency Windows
About the Project
CCEF recently completed a large loan towards a historic school renovation project in Brush, Colorado. The Fund was motivated to help catalyze energy efficiency upgrades for the project, known as Brush Central Village, as the site will ultimately provide affordable housing units in an area of the state that currently has a limited supply. The project site resides in Brush, a rural community of 5,400 Coloradoans in Morgan County. The historic school building was built in 1929, but has remained vacant since 1997. The plan for Brush Central Village incorporates roughly 45 low-income apartment units in total, starting with renovations across the old classrooms of the historic school building during the first phase of the development. The main school building, cafeteria, gymnasium and auditorium areas of the building will be renovated and will produce the remaining units. Phase I of the project is expected to be completed in early 2023.
“It has been an easy and very productive process to work with the Colorado Clean Energy Fund in my financing phase. Very professional, knowledgeable team to work with.”
– Ty Jackson, Brush Central Village Developer
About our Commercial Products
Colorado Clean Energy Fund commercial loans are available to borrowers in the affordable housing, industrial, agricultural, municipal and non-profit sectors. They are designed to address finance gaps for clean energy and energy efficiency improvements that result in reduced utility costs, reduced greenhouse gas emissions, increased electrification or electrification readiness, and increased renewable energy generation.
