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High Performance Building Program (HPB) is sponsored by Pennsylvania Department of Community and Economic Development (DCED) and Department of Environmental Protection (DEP) under the direction of the Commonwealth Financing Authority (CFA). The High Performance Building Program (HPB) provides financial assistance in the forms of grants and loan funds to underwrite the cost premiums associated with the design and construction or major renovation of high performance buildings in the state.
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High Performance Building Program (HPB) - PA Dept. of Community & Economic Development High Performance Building Program (HPB) The High Performance Building Program (HPB) provides financial assistance in the forms of grants and loan funds to underwrite the cost premiums associated with the design and construction or major renovation of high performance buildings in the state.
The program is administered jointly by the Department of Community and Economic Development (DCED) and the Department of Environmental Protection (DEP) under the direction of CFA. Activities to assist with the construction or renovation associated with a high performance building. Loans for high performance building projects for small businesses shall not exceed $2 million.
Loans for individual residence projects shall not exceed $100,000. Grants for high performance building projects shall not exceed $500,000 or 10% of the total eligible building construction/renovation costs, whichever is less. Grants shall not exceed $2 million for a small business and $100,000 for an individual and have a term of not more than five years.
The grants funds may only be drawn upon in the event the grant recipient defaults on its financing and there is a deficiency in collateral for the lending institution to collect upon. There is a matching investment requirement of at least $1 for every $1 of program funds awarded. There is a $100 non-refundable application fee due at the time of submission made payable to the CFA.
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According to the current listing, eligibility includes: Commercial and residential applications, businesses, economic development organizations, political subdivisions, schools. Confirm the full requirements in the official notice before applying.
The current listing shows 10% of project costs or $500,000, whichever is less. Also provides grants of $5000 per job created within three years. Verify award ceilings, matching requirements, and allowable costs in the official notice.
High Performance Building Program (HPB) is funded by Pennsylvania Department of Community and Economic Development (DCED) and Department of Environmental Protection (DEP) under the direction of the Commonwealth Financing Authority (CFA). Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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