General Information and Structure
Lender:
BlueHub Capital
Lending Type:
CDFI
Jurisdiction:
MA
BlueHub Capital helps low-income communities gain access to the cost savings and price stability of solar power and participate in efforts to address climate change. We develop and own photovoltaic systems. These projects primarily serve affordable, multifamily housing developments. BlueHub provides all the upfront capital for the panels and installations, captures the value of significant solar tax credit incentives, and ensures that the systems are designed and operated to maximize the solar electricity generation--overcoming three barriers many low-income customers face in adopting this clean technology.
Active or Closed Program?:
Active
Years Offered:
2008
Eligibility Criteria:
Facilities that benefit low-income residents, including non-profit organizations, municipal facilities, and AMF housing developments.
Loan Size Range:
Not specified
Type of Improvements Covered:
Solar PV