Types of Financing
Finance for Impact offers tax equity and debt financing to our multifamily affordable housing (MFAH), rural electric cooperative (REC), municipal utilities, and tribal customers.
Finance for Impact aims to reduce greenhouse gas emissions, bolster resilience, create local jobs, and achieve energy cost savings for the low-income (LI) families living in MFAH and disadvantaged communities (DACs).
Our Financing Services Include:
1. Tax Equity Financing
We will monetize the investment tax credits for solar PV and energy storage for our clients. We offer options for our clients to take ownership of the assets in year 6 and beyond. In tandem with our Tax Equity financing, we also offer;
2. Bridge Loans
Construction financing or Interim Financing to design-build the project until incentives (tax credits, grants, rebates, etc.) are made available, upon project completion.
3. Energy Financing
Energy financing allows for the investment in clean energy through the ensuing cost savings from the deployment of the clean energy solutions, without owning the clean energy assets. Finance for Impact invests in your project and recoups its investment by charging monthly for the power generated and/or the savings achieved.
Finance for Impact arranges for the design, permitting, financing, and installation of Solar PV, BESS, HVAC, etc. at no cost to you, and sells the power generated and resiliency capacity and energy cost savings to you, at a rate that is lower than the local utility's costs. There are various Energy Financing mechanisms that Finance for Impact offers:
- Power Purchase Agreements (PPAs)
- Property Assessed Clean Energy (PACE)
- Energy Performance Contract (EPC)
Value Proposition:
- Flexibility – we strive to tailor our solutions to meet the needs of our customers.
- Competitive – as a mission driven non-profit, our costs and terms are very competitive.
- Agility – we can close deals faster than most.