Details | Private Activity Bonds for District Heating and Cooling


Funder

 

California State Treasurer

Implementer

 

California Alternative Energy and Advanced Transportation Financing Authority

Description

 

Designed to provide long term financing (up to 30 years) through the tax exempt bond market compared to the 10 to 15 year maturities more commonly seen in the taxable market. This tax exempt bond financing is also a low cost method of financing a project, with interest costs typically a few percent less than commercial loans. This lower cost financing can encourage rapid deployment and make projects that use near-zero emission heating and/or cooling Technologies more financially feasible.

Funding guidance

 

Applications open

 

None

Applications close

 

None

Type

 

Bond

Category

 

Financing

Territory

 

California

Applicant type

 

For Profit

Project

 

New Addition to an Existing Building  |  Rehabilitation of Existing Whole Building  |  Rehabilitation of Part of an Existing Building  |  Whole New Building Construction

Sector

 

Commercial  |  Industrial

Sub-sector

 

City  |  Commercial  |  County  |  Data Center  |  Education  |  Health Care  |  Hospitatlity  |  Industrial  |  Multi Family  |  Retail  |  Single Family  |  Special Districts  |  State

Sustainability

 

Energy Efficiency in Buildings

Additional website

 

Small business

 

False

Disadvantaged communities

 

False

Cost sharing amount

 

None

Cost sharing percent

 

None

Cost sharing note

 

Minimum repayment years

 

None

Maximum repayment years

 

30

Interest rate comment

 

Incentive