Get a $6,500 Loan to Make Energy-Saving Improvements to St. Paul Homes

The city of St Paul has received $550,000 to offer no-interest loans of up to $6,500 for homeowners who make energy-saving improvements to their properties.

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Get a $6,500 Loan to Make Energy-Saving Improvements to St. Paul Homes

Posted by Homes of Minnesota Team on Thursday, May 20th, 2010 at 8:47pm.

The city of St Paul has received $550,000 to offer no-interest loans of up to $6,500 for homeowners who make energy-saving improvements to their properties.

The money comes out of federal stimulus funds. The program will include rebates for landlords if they replace outdated refrigerators in their rental units with new Energy Star refrigerators.

Anne Hunt, energy policy director for the city of St. Paul, says homeowners can use the no-interest loans for things like furnace replacement, insulation and air sealing.

"We are gearing towards people that are modest-income people that are above, say, the [federal] weatherization programs -- they are not eligible to get free weatherization -- for their homes so they need something that's attractive for them to make the investments in their homes," Hunt said. "But there is no income cap on it."

Individuals will be randomly selected. Applications must be postmarked by June 11.


2 Responses to "Get a $6,500 Loan to Make Energy-Saving Improvements to St. Paul Homes"

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Posted on Friday, May 21st, 2010 at 6:32 PM.

Jane Hamilton wrote:
Is this program still up and running?

I look forward to hearing from you soon!

Jane

Posted on Thursday, August 18th, 2011 at 12:49 PM.



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