| ENERGY LOANS | RESIDENTIAL | COMMERCIAL | TYPE OF LOANS | TYPE OF PROJECTS | EASY PROCESS/MINIMAL PAPERWORK | RATES | TERM | QUALIFICATIONS | ONLINE APPLICATION AVAILABLE | TIMELINE APPROVAL | TIMEFRAME FOR APPLICATIONS | OTHER INFO | MINIMUM AMOUNT | MAXIMUM AMOUNT | WEBSITE | CONTACT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CLEAN ENERGY CREDIT UNION | YES | Home Energy Loans for Single family | Solar, Geo Thermal, E-Bike Loan, Green Auto, Green Home Improvement ; Energy Analysis & Monitoring, Building Envelope, HVAC, Water Heating, Lighting, Pool products, Appliances, EV charging,Emerging and Other clean energy technologies, and Investment products | YES | FIXED | 10 or 20 Years Depending on loan type | Owned, Single family Meet underwriting criteria. | YES | 24-48 Hours | NO | 1000 | $110,000 Household Limit | https://www.cleanenergycu.org/home/home | Rick Tazelaar 720-479-7900 | ||
| COLORADO C-PACE | Yes, Multifamily | YES | Energy Loans for Multi Family 5+ units, Industrial, Commercial,Agricultural, and Nonprofit, Existing and Newly Constructed Properties | Energy efficiency, water conservation and electrification, renewable energy improvements and other improvements to the property to reduce its energy or water use | YES | FIXED | Up to 25 years | To be eligible for C-PACE financing, projects must be located on eligible real property and be owned by an eligible property owner (including individuals, business entities, and nonprofit companies). Complete prequalification submitssoin form. | NO | VARIES | NO | Larger Loan Amounts, Repaid through a voluntary special assessment on the owner's property tax bill. Tax lien attaches to the property and transfers with ownership. Up to 100% financing. No out of pocket costs. | 50000 | NO MAX | Colorado C-PACE for C&I Building Owners and Developers | Colorado Commercial Property Assessed Clean Energy (copace.com) | Program Administration Tracy Phillips 720.933.8143 tphillips@copace.com |
| COLORADO CLEAN ENERGY FUND | YES | YES | Various | Air sealing and insulation, windows and doors, HVAC, LED lighting, electric vehicle infrastructure, heat pumps, renewable energy systems including solar, energy storage, energy recovery systems, building and equipment controls, and others | YES | FIXED | 2-20 years, depending on loan product | Clean energy projects based in Colorado | YES | VARIES | VARIES | More inclusive underwriting criteria | VARIES | VARIES | Colorado Clean Energy Fund (cocleanenergyfund.com) | info@cocleanenergyfund.com 720-340-8232 |
| COLORADO ENTERPRISE FUND | YES | Small Business, Veteran, Equity, ITIN Loans, Community, Health Food Access | For working capital, equipment, inventory, property improvements, business purchase, or commercial real estate. | YES | FIXED | 10 YEARS | Small Business Owner | YES | VARIES | NO | Hard to qualify | 1000 | 1000000 | Loans Overview (coloradoenterprisefund.org) | info@coloradoenterprisefund.org 303.860.0242 | |
| COLORADO RENU LOAN | YES | Property owners of existing, single-family homes in Colorado. Primary, secondary or income properties are eligible as well as townhomes and condos. | Solar PV & solar thermal, space heating & cooling, Insulation & air sealing, water heating, windows & doors, and others | YES | FIXED | 15 years (or 20 years for solar PV) | Owned, Single family home or up to 4 units. Meet underwriting criteria. Project must come through an authorized contractor and must be eligible measures.Apply through approved credit union. | NO | VARIES | NO | Variety of 3 credit union lenders to chose from. No household appliances. | 1000 | 50000 | Colorado RENU Loan | Colorado Energy Office | Jeffrey King : ceo_renuloan@state.co.us 720.326.1185 | |
| ALPINE BANK | YES | YES | Green Lending Program | Solar electric or solar thermal systems, Geothermal systems, ENERGYSTAR® home appliances, Xeriscape landscaping, HVAC/swamp cooler, Hybrid, Plug-In Hybrid Electric and Electric Vehicle Loans, Fuel-efficient business vehicles and Real estate-secured loans | YES | 1/2 % RATE DISCOUNT | 10 YEARS | Small Business Owner or Home Owner | NO | VARIES | NO | Larger Loan Amounts | 50000 | 400000 | https://www.alpinebank.com/personal/personal-lending/green-lending.html | Susan Graff or Gary Lominowski , Boulder Branch 2375 Canyon Blvd. Boulder, CO 80302 303.440.2982 |
| ELEVATIONS CREDIT UNION | YES | YES | Home Energy Loans | Rooftop solar panels, Heating, ventilation and air conditioning (HVAC),Windows, Insulation and air sealing, ENERGY STAR® appliances, Lighting, Water heating, Energy assessments and monitoring | YES | FIXED | Up to 20 years, dependent on loan amount | Small Business Owner or Home Owner | NO | VARIES | NO | Smaller Loan Amounts | $500 Home, $1000 Business | 50000 | https://www.elevationscu.com/loans/energy-loans?faq=0,1,3 | Boulder Downtown 1301 Walnut St., Suite 100 Boulder, CO 303. 443.4672 |
| USDA | YES | YES | Section 504 Home Repair program | Loans: may be used to repair, improve, or modernize homes or to remove health and safety hazards. Grants: must be used to remove health and safety hazards | YES | FIXED at 1% | Up to 20 years | To qualify, you must: Be the homeowner and occupy the house. Be unable to obtain affordable credit elsewhere. Have a family income below 50 percent of the area median income. For grants, be age 62 or older and not be able to repay a repair loan | YES | VARIES | Applications are available year round as long as funding is available and are processed in the order they are received. | Applicants may check the address of their home to determine eligibility. https://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfpd | VARIES | Maximum loan is $20,000. Maximum grant is $7,500. Loans and grants can be combined for up to $27,500 in assistance. | https://www.rd.usda.gov/programs-services/single-family-housing-programs/single-family-housing-repair-loans-grants/co | State Office USDA Rural Development Denver Federal Center 720.544.2903 codirinquiries@co.usda.gov |
| YES |