Implementing Sector: | State |
Category: | Financial Incentive |
State: | Alaska |
Incentive Type: | Loan Program |
Web Site: | http://www.ahfc.us/pros/loans/association-loan-program/ |
Administrator: | Alaska Housing Finance Corporation |
Eligible Efficiency Technologies: | Custom/Others pending approval |
Loan Term: | 15-year term |
Interest Rate: | Fixed rates; contact program for details |
With this loan, the Alaska Housing Finance Corporation (AHFC) will fund homeowners' associations (HOAs) common area improvements. The improvements made must be necessary for the health and safety of the property's residents or for the structural integrity of the building, but can include improvements made for energy efficiency. AHFC offers 15 years, fixed-interest rate term financing. The association may need to acquire a construction loan or short term financing for upfront costs, as the loan is not paid out until the upgrades are complete.
The homeowners' association should submit a proposal to AHFC for preliminary approval. The forms to start this loan process are located on the program web site. Loan limits are determined on a case-by-case basis. This loan is only offered to active HOAs in Alaska.
Customize your home and create your own solar array using the HahaSmart design DIY tool and then check the cost using the price checker tool.
Input your address to see if it is solar friendly and how much you can save with solar.
Great. Your address is perfect for solar. Solar incentive is still available. Select monthly utility cost and calculate the size of solar system you will need now.
kw System size | years Payback period | Lifetime savings |
No money down, 100% finance is available.
How to Protect Your Solar Panel Installation
September 22, 2020Celebrity Solar Power Influencers
September 21, 2020Black Solar Panels Vs. Blue Solar Panels: Which Are Better?
September 18, 2020Eight Reasons to Go Solar Before 2021
September 17, 2020
|
Save Money and Sign up for Solar Today! |