Energy
Green home loans
SAN FRANCISCO — Locals will use home loans to finance green improvements now San Francisco Mayor Gavin Newsom has unveiled a new financing program, Green Finance SF.
The
program (slogan: saving you money, energy and water) will finance projects between $5,000 and $50,000 such as installing low-flow toilets, solar water heaters, solar electric panels and double-paned windows. Homeowners will pay back the costs through property taxes.
program (slogan: saving you money, energy and water) will finance projects between $5,000 and $50,000 such as installing low-flow toilets, solar water heaters, solar electric panels and double-paned windows. Homeowners will pay back the costs through property taxes.
The initiative is financed via Federal stimulus funding and is one of many similar moves in towns across America.
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April 14, 2010
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