Iowa Finance Authority - Multifamily GREEN Loan Program
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Multifamily GREEN Loan Program

Benefits
The Multifamily GREEN Loan Program provides low-cost financing to affordable housing developers and management companies for energy efficiency upgrade costs.

Eligibility
Affordable housing developers, partnerships and investors may be eligible for the assistance.

Eligible Costs:
The loans may be used for improvements such as:

  • Automated energy management systems
  • Furnaces 
  • Heating and air conditioning
  • Insulation
  • Lighting systems 
  • Other approved energy efficiency enhancements

Program Details

  • Rate: 3-5%
  • Loan Size: $5,000-$50,000
  • Loan Term: three to seven years
  • Commitment fee: 0.5%

Contact Us
Joseph Jones
800.432.7230

 

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