Last DSIRE Review: 04/09/2009
Program Overview:
| State: |
Connecticut |
| Incentive Type: |
State Loan Program |
| Eligible Efficiency Technologies: |
Chillers , Furnaces , Boilers, Heat pumps, Air conditioners, Programmable Thermostats, Duct/Air sealing, Building Insulation, Windows |
| Eligible Renewable/Other Technologies: |
Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Biomass, Geothermal Heat Pumps |
| Applicable Sectors: |
Residential, Multi-Family Residential |
| Amount: | $400 - $25,000 (one- to four-family units); $2,000 - $60,000 (multi-family of five or more units) | | Maximum Incentive: | $25,000 for single-family residential; $60,000 for multi-family residential | | Terms: | 1%, 3% or 6% depending on income, family size, location; repayment term up to 10 years | | Funding Source: | Energy Conservation Revolving Loan Fund |
| Web Site: |
http://www.chif.org/owner_borrowers/index.shtml#energy
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Summary:
Energy Conservation Loans for single families are available through the Connecticut Housing Investment Fund, Inc. (CHIF) to owners of one- to four-family homes who meet established income limits for family size and location. These loans may be used for a variety of energy conservation improvements. Interest rates vary in accordance with the borrower's family size and income, and the loan may be repaid over 10 years.
Loans for large residential properties are available through the Multi-Family Energy Conservation Loan Program. The terms of this loan are similar to loans for single-family dwellings, with a higher principal available on the loan.
Applications for these programs are available from the program web site above. In addition to the application, the borrower must submit copies of the past two years' federal tax returns (with schedules) and a copy of a monthly mortgage statement or coupon (or a release of mortgage or deed).
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Contact:
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Lisa Ruggeri
Connecticut Housing Investment Fund
121 Tremont Street
Hartford, CT 06105
Phone: (860) 233-5165 Ext.2019
Fax: (860) 920-2038
E-Mail: lisa@chif.org
Web Site: http://www.chif.org
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Ernesto Guardado
Connecticut Housing Investment Fund
121 Tremont Street
Hartford, CT 06105
Phone: (860) 233-5165 Ext.2023
Fax: (860) 233-2930
E-Mail: loans@chif.org
Web Site: http://www.chif.org
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