Did you know?
SHCU offers both traditional and Roth IRAs. And you have options – you can open a savings account or a term certificate within your IRA.
Self-Help has invested over $6.08 billion in financing to families, individuals, and organizations.
Self-Help Energy Loan Fund
With support from Bank of America, Self-Help has created a specialized fund to finance renewable energy and energy efficiency upgrades to commercial buildings. Loan amounts range from $5,000 to $10 million. Target sectors include multifamily housing, small businesses, child care centers, charter schools and houses of worship. Through the Energy Loan Fund, Self-Help is able to provide an interest rate discount of 1.5 percentage points for qualifying projects. Many projects may also qualify for discounted energy assessments.
Other benefits include:
- Technical assistance from expert lenders
- Potential tax benefits
- Lower energy bills
Cities targeted for the deployment of this fund include:
- Washington D.C.
- San Francisco
- Los Angeles
*Projects in other parts of North Carolina may also qualify for Energy Loan Fund financing.
What types of projects are eligible?
Target projects include but are not limited to:
- Green renovations and upgrades using third party standards such as LEED, Coalition for High Performance Schools, or Energy Star.
- Renewable energy installations on rooftops.
- Efficiency upgrades tied to other lines of financing, such as lighting upgrades bundled with working capital.
What efficiency standards are recognized?
Large projects are required to comply with widely accepted standards for energy and water efficiency. Standards include those set by Coalition for High Performance Schools, ASHRAE Advanced Design Guides, Energy Star, and LEED.
Call (919) 956-4406 to learn more.
Or fill out an application form below, which provides much more information.
- Child Care Loan Application
- Commercial Loan Application
- Nonprofit Loan Application
- Small Business Loan Application