Pathway 2.

Cross-Cutting Approaches to Reducing Emissions → Financing Large-Scale Projects

2.4.9 Direct Loan, Grant, and Rebate Programs

LPDD Recommendation: “Congress and federal agencies could adopt a lending program similar to the Energy Efficiency and Conservation Loan Program that is directed at rural renewable energy projects.”

LPDD Recommendation: “Congress and federal agencies should consider adopting loan programs similar to the Advanced Technology Vehicles Manufacturing Loan Program that are aimed at the development of more efficient renewable energy production.”

LPDD Recommendation: “HUD should maintain the PowerSaver Loan Program and consider expanding it to commercial spaces to increase its impact.”

8 Resources Found, Displaying 1 thru 8

AFFORD Tool

Jurisdiction: States and State Governments, Local Governments, Private Entities

Helps state, local, non-profit, and community organizations identify eligible funding, tax credits, and other incentives relevant to decarbonization projects, including electricity, transportation, buildings, and resilient energy systems.

Colorado Legislation for E-Bike, Diesel Truck Replacement, Electric School Buses, and Clean Air Grants

Jurisdiction: State Legislatures

In June 2022, the Colorado legislature passed SB193, establishing grant programs for replacing diesel trucks ($15M), purchasing electric school buses ($65M), the purchase of E-Bikes ($12M), and a general fund for clean air grants ($25M).

California’s Climate Catalyst Revolving Loan Fund

Jurisdiction: State Legislatures

Providing low-cost, low-interest financing to eligible low carbon technology and infrastructure projects.

California’s Self-Generation Incentive Program

Jurisdiction: States and State Governments

Electricity customers are awarded up to $5 million per project for generating electricity behind the meter using qualifying new or emerging distributed energy sources or combined heat and power.

FHA PowerSaver Loan Program

Jurisdiction: Individual Agencies

Enables homeowners to borrow up to $25,000 for terms as long as 20 years to make energy improvements of their choice, based on a list of proven measures developed by FHA and the DOE

USDA Energy Efficiency and Conservation Loan Program

Jurisdiction: Individual Agencies

Provides direct loans to finance energy efficiency and conservation projects for commercial, industrial, and residential consumers in rural areas.

USDA Environmental Quality Incentives Program

Jurisdiction: Individual Agencies

Provides agricultural producers with direct financing to pay for energy efficiency improvements.

Advanced Technology Vehicles Manufacturing Loan Program

Jurisdiction: Individual Agencies

Provides direct loans to automotive or component manufacturers for reequipping, expanding, or establishing manufacturing facilities in the U.S. that produce fuel-efficient advanced technology vehicles.