Other
Finance Vendor Details
Green Hayward PAYS
Lender:
City of Hayward
Contact Information
Property Types
Program Description
Green Hayward PAYS® is a program offered by the City of Hayward. It allows Hayward multi-family housing owners to make eligible water and energy saving upgrades to their business with no up-front cost and immediate savings on the property's utility (water and energy) bills. Property owners pay for upgrade measures through a bi-monthly surcharge included in the property's water bill.
Verified by Lender on: 11/4/2015
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Types of Financing
Financing & Payment Information
Term (years):
10
Minimum Amount:
$1
Maximum Amount:
$0
Fees:
None
Money Down Required:
No
Repayment Method:
On-bill financing
Payment Frequency:
Unknown
Pre-Payment Penalty:
No
Allowable Projects
Funds Energy Efficiency projects
Funds Water Efficiency projects
Funds Demand Response projects
Funds other energy projects
Other Program Requirements
Contractors
Must be program-approved
Financing Approval Time
More than 48 hours
Equity in Property Needed
No
Financial Products
Lien type | Other |
Re-Payment Method | On-bill financing |
Property Types | |
Automatic payment option available | No |
Requires utility incentive program participation | No |
Must use Program's pre-approved contractors | Yes |
One-time fees (% of total financing) | |
One-time fees (fixed) | |
Ongoing fees | |
Financing Amount | $1 + |
Financing Term (yrs.) | 10 year(s) |
Rate | 0% |
Money Down Required? | No |
Credit Enhancement Available | No |
Transferrable | Yes |
Prepayment Penalty or Fee | N.A. |
Tax Deductibility | No |
Minimum Credit Score Required | |
Equity in Property Required | No |
Debt to Income Ratio Required | No |
Involuntary Property Liens Allowed | Yes |
Foreclosures Allowed | |
Bankruptcies Allowed | |
Mortgage Lender Consent/ Acknowledgement | No |
Must be current on property taxes | No |
Must be current on mortgage | No |
Loan to value | |
Debt Service Coverage Ratio | No |
Financing Approval Time | More than 48 hours |
Projected Energy Savings/Cash Flow is considered | Yes |
Must be current on utility bill | Yes |
Upgrades Covered
No Results
FAQ's
Through our Contractor Marketplace, you can search for contractors and find the right fit for your project. You find out details about the contractor such as what types of certifications they have and where they are located. You can also directly find reviews when available. From there it is easy to connect and get started with your projects. A quality installation of equipment increases the benefits and efficiency of your new equipment.