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Research Report

Lending for Energy Efficiency Upgrades in Low- to Moderate-Income Communities: Bank of America’s Energy Efficiency Finance Program

July 28, 2016
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This paper analyzes Bank of America’s $55 million initiative to provide low-cost funding and grant support to advance energy efficiency investment in low- to moderate-income communities. The funding supported community development financial institutions (CDFIs) in developing and enhancing efficiency programs for residential, commercial, and multifamily buildings. We report on loan performance, energy savings, and the degree to which the savings offset the cost of the energy efficiency investment.

Research Report

Lending for Energy Efficiency Upgrades in Low- to Moderate-Income Communities: Bank of America’s Energy Efficiency Finance Program

This Article Was About

Financing

Authors

jim b
Jim Barrett
Visiting Fellow
Brian Stickles
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