Green 504s - Overview
California Lending Partners helps small businesses finance, implement and identify green solutions for their buildings.
- Energy efficiency projects could include 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.