Location
Milton
, VT
Project Overview
Lender:
National Housing Trust Community Development Fund
Lender Type:
CDFI
Property Ownership:
Mixed non- and for-profit
Deal Overview:
Passive House Design
Improvements Covered:
Energy efficiency
Type of Project:
New Construction
Buildings:
1
Total Units:
30
Financing Details
Financing Type:
Mini-Permanent/Permanent
Total Delivery Cost:
$8,224,125
Borrower Equity:
$6,332,576
Loan 1 Amount:
$100,000
Loan 1 Term:
10
Loan 1 Repayment Source:
Utility and operations savings
Grants:
$1,791,549
Incentives/Rebates:
$0
Completion Status:
Completed
Underwriting Considerations
Percentage Projected Energy Savings Discounted for Use in Underwriting :
35%
