Implementing Sector: | Local |
Category: | Financial Incentive |
State: | Oklahoma |
Incentive Type: | Loan Program |
Web Site: | https://www.okc.gov/departments/planning/programs/sustainability/green-home-loan |
Administrator: | Community Action Agency of Oklahoma City |
Funding Source: | American Recovery and Reinvestment Act of 2009 (ARRA) |
Start Date: | 01/26/2015 |
Eligible Renewable/Other Technologies: | Geothermal Heat Pumps |
Eligible Efficiency Technologies: | Water Heaters, Lighting, Furnaces, Heat pumps, Air conditioners, Duct/Air sealing, Building Insulation, Windows, Doors, Roofs, Other EE, Yes; specific technologies not identified, Reflective Roofs |
Maximum Loan: | $15,000 |
Loan Term: | 48-month limit |
Interest Rate: | 3% fixed interest rate |
Name: | Program Brochure |
Technologies: | Geothermal Heat Pumps, Water Heaters, Lighting, Furnaces, Heat pumps, Air conditioners, Duct/Air sealing, Building Insulation, Windows, Doors, Roofs, Other EE, Yes; specific technologies not identified, Reflective Roofs |
Sectors: | Residential |
Parameters: | The incentive is 3.00 %. The Incentive has a maximum of $15,000.00 |
Homeowners in Oklahoma City are eligible for energy efficiency loans up to $15,000. The funds can only be used within the city limits of Oklahoma City, and residents must have an annual income of $100,000 or less and must repay the loan within 36 months.
The loan program is administered through the city's Community Action Agency. Apply by calling the Agency at (405) 232-0199.
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