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Green 504s

The 504 loan program can provide financing to small businesses looking to green their building.

-Energy efficiency projects could include solar panels, improved insulation, lighting, or HVAC.

-Loans can be used to fund small scale production of energy for individual buildings or communities. Renewable energy production could be achieved with wind turbines, solar panels, biomass involving use of burning wood chips and wood waste, geothermal, ocean thermal, and water wheels generating hydroelectric power, biodiesel or ethanol production.

-The program also supports the increased use of sustainable design, including designs that reduce the use of greenhouse gas emitting fossil fuels, or low-impact design to produce buildings that reduce the use of non-renewable resources and minimize environmental impact.

 

 

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