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Program has no fixed deadline; funds subject to availability and guidelines subject to change.
Energy Savings Fund for Nonprofits is sponsored by Minnesota Department of Commerce (administered by Center for Energy and Environment - CEE). This program offers loans to 501(c)(3) nonprofits in Minnesota for energy efficiency improvements. Additionally, commercial properties owned or occupied by a nonprofit seeking lighting improvements through the One-Stop Efficiency Stop are eligible for 0% interest loans.
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Energy Savings Funds for Nonprofits | Center for Energy and Environment Energy Savings Funds for Nonprofits Nonprofit organizations that want to lower their energy use can use funds that CEE and the Minnesota Division of Energy Resources have allocated. The guidelines below are subject to change at any time without notice. Loan funds are subject to availability.
Email or call for complete details. Hablamos Español: 612-335-5856 Loan amounts up to $100,000. Loan terms up to 10 years.
Borrower must be a nonprofit entity exempt from taxes under the 501(c)(3) of the Internal Revenue Code or an entity that leases an eligible facility to a nonprofit entity. Facility must be an existing building occupied in whole or in part by a nonprofit entity to be eligible. Subject to change at any time.
APR based on loan amount of $50,000. Based on current rates. Qualifications apply.
Rates starting at 3. 75% (4. 22% APR) for loan terms up to 5* years.
Rates starting at 5. 5% (5. 80% APR) for loan terms up to 10** years.
APR based on a loan of $50,000 over 5* or 10** years. An eligible improvement must be a modification to an existing building that is primarily intended to reduce energy consumption for the benefit of a nonprofit entity. Must have a useful life that is greater than its simple payback period.
Must have a simple payback period that is no less than two (2) years and no greater than ten (10) years. Loan Documentation Needed to Begin the Application Completed loan application. Articles of Organization, Bylaws, Certificate of Incorporation, Borrowing Resolution.
Two years financials and/or tax returns for business. Copy of ID for authorized signor. Copy of the Federal 501(c)(3) Exemption.
Written consent from property owner for tenant to do work on the property (if owner is not the loan applicant). Estimate(s) for the proposed work to be done. This project was made possible by a grant from the U.S. Department of Energy and the Minnesota Department of Commerce through the American Recovery and Reinvestment Act of 2009 (ARRA).
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According to the current listing, eligibility includes: 501(c)(3) nonprofits in Minnesota occupying existing buildings; improvements must have a 2–10 year payback period. Confirm the full requirements in the official notice before applying.
The current listing shows up to $100,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Energy Savings Fund for Nonprofits is funded by Minnesota Department of Commerce (administered by Center for Energy and Environment - CEE). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Minnesota. If your organization operates elsewhere, check the official notice for location requirements.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.
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