Details | FHA Solar and Wind Technologies Program


Funder

 

Federal Housing Administration

Implementer

 

Certified Federal Housing Administration Lender

Description

 

The Federal Housing Administration (FHA) Solar and Wind Technologies Program (SWT) enables the full cost of a new solar photovoltaic (PV) array to be added to a regular FHA-insured mortgage at the time of the home purchase or refinance. Installation of the PV system takes place after closing. The new PV system cannot be a lease and needs to be owned by the borrower, and the amount financed for a new system must not exceed 20 percent of the property appraised value.

Funding guidance

 

Applications open

 

None

Applications close

 

None

Type

 

Secured Loan

Category

 

Financing

Territory

 

United States

Applicant type

 

Private Resident

Project

 

New Addition to an Existing Building  |  Real Estate and Asset Purchases

Sector

 

Residential

Sub-sector

 

Single Family

Sustainability

 

Generation System

Small business

 

False

Disadvantaged communities

 

False

Cost sharing amount

 

None

Cost sharing percent

 

None

Cost sharing note

 

Minimum repayment years

 

None

Maximum repayment years

 

None

Interest rate comment

 

Incentive