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Finance Product Details
YgreneWorks
Verified by Lender on: 7/20/2017
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Property Types
Sponsor:
Financing Type
Financing & Payment Information
Rate (APR):
Market Rate
Term (years):
years
Minimum Amount:
$0
Maximum Amount:
N/A
Fees:
One-time fees, Ongoing fees
Down Pmt. Required:
No
Re-pmt. Method:
Unknown
Pmt Frequency:
Pre-pmt Penalty:
No
Allowable Projects
Other Program Requirements
Financing Approval Time
Equity in Property Needed
No
Other Variations of this product
YgreneWorks
| Property Types | ||
| Sponsor | Golden State Finance Authority | Golden State Finance Authority |
| Financing Type | Property Assessment | Property Assessment |
| Term (years) | 5, 10, 15, 20, 30 year(s) | 5, 10, 15, 20, 30 year(s) |
| Rate (APR) | 6.5% - 8.48% | 6.5% - 8.48% |
| Min. Amount | $5,000 | $5,000 |
| Max. Amount | 15 % of property value | 15 % of property value |
| One-time Fees | 1% of total financing & $500 | 1% of total financing & $500 |
| Ongoing Fees | 1% of yearly fee $35 | $35 |
| Description | YgreneWorks offers commercial property owners in participating communities funding for energy efficiency, renewable energy and water efficiency improvements that are permanently fixed to the property. Financing is repaid annually via the property tax bill over the course of up to 30 years. YgreneWorks is a public/private financing program with Ygrene Energy Fund, Golden State Finance Authority and your city or county. | YgreneWorks offers homeowners in participating communities funding for energy efficiency, renewable energy and water efficiency improvements that are permanently fixed to the property. Financing is repaid annually via the property tax bill over the course of up to 30 years. YgreneWorks is a public/private financing program with Ygrene Energy Fund, Golden State Finance Authority and your city or county. |
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