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.
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 The program will include rebates for landlords if they replace outdated refrigerators in their rental units with new Energy Star refrigerators.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 with homes in Saint Paul will be randomly selected. Applications must be postmarked by June 11.