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Find similar grantsRhode Island Efficient Buildings Fund (RIEBF) is sponsored by Rhode Island Infrastructure Bank and Rhode Island Office of Energy Resources. Provides low-interest loans to governmental entities for energy efficiency and renewable energy projects, prioritizing those with annual energy savings exceeding annual debt service.
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Efficient Buildings Fund – Rhode Island Infrastructure Bank The Efficient Buildings Fund (EBF) makes attractive, long-term financing available to municipalities and quasi-public agencies for the completion of energy efficiency and renewable energy projects. Projects eligible for Efficient Buildings Fund financing include measures that will conserve energy or produce clean energy Loans are cashflow positive.
Loans may be as short as one year or as long as the asset’s useful life.
Interest can be capitalized during the construction period Interest is subsidized at 33% below the borrower’s market rate Projects are awarded financing based on their ranking on the Office of Energy Resources' Project Priority List, readiness to proceed and subject to credit approval and the availability of funds Borrowers work directly with RIIB and OER to complete project and financing applications Free energy audits are available.
Complete this form to request an audit. Free energy consulting services may be available on a limited basis to scope projects and assist with applications. Contact us for more details.
The Energy Asset Management Program provides public entities with free consulting support to develop a customized Action Plan to manage their energy Assets. Click here for more detailed information on participation.
Fact Sheet - Efficient Building Fund (EBF) Fact Sheet - Energy Asset Management Program (EAMP) EBF Frequently Asked Questions EBF Info Session Recording - September 8, 2022 For more information about the EBF, please contact: Business Development Officer Rhode Island Infrastructure Bank
According to the current listing, eligibility includes: Municipalities and quasi-public agencies in Rhode Island with energy-conserving or clean energy projects. Confirm the full requirements in the official notice before applying.
Rhode Island Efficient Buildings Fund (RIEBF) is funded by Rhode Island Infrastructure Bank and Rhode Island Office of Energy Resources. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Rhode Island. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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