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Solar Intallation Across Three Buildings

Location

Washington , DC

Project Overview

Lender: 
National Housing Trust Community Development Fund
Lender Type: 
CDFI
Property Ownership: 
Mixed non- and for-profit
Deal Overview: 

Installation of solar producing technology across 3 buildings

Improvements Covered: 
Renewable energy
Type of Project: 
Retrofit/Renovation
Buildings: 
3
Total Units: 
63

Financing Details

Financing Type: 
Mini-Permanent/Permanent
Total Delivery Cost: 
$695,212
Tax Equity: 
$208,564
Incentives/Rebates: 
$0
Completion Status: 
Completed

Underwriting Considerations

Expected Annual Income: 
$74,262
Debt Service Coverage Ratio: 
1.15
Percentage Projected Energy Savings Discounted for Use in Underwriting : 
30%

Additional Information

Point of Contact : 
Jared Lang 202 333 8931 [email protected]