Businesses
Government-funded
$5.0M
per applicant
Loan
Below-market financing
Rolling
No fixed cutoff
Rolling
Apply when you're ready
Moderate
Underwriting required
Provides long-term financing for energy efficiency, renewable energy, and water conservation improvements at Minneapolis commercial properties. Repaid through a special assessment on property taxes over up to 25 years.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Property must be a commercial or multifamily property in Minneapolis
2.Project must include qualifying clean energy or efficiency improvements
3.Assessment repaid through property taxes — passes to new owner on sale
4.No FICO score requirement; collateral is the property
5.100% financing available — no upfront cost to property owner
IRS · United States
Allows businesses to deduct up to $5.65/sq ft for commercial buildings achieving significant energy savings through improvements to HVAC, lighting, and building envelope systems. IRA expanded the deduction and allowed non-profits and government to allocate it.
CDFI Fund · United States
Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).
IRS · United States
The nation's largest affordable rental housing production program, providing dollar-for-dollar federal tax credits to developers who build or rehabilitate affordable rental housing and maintain income and rent restrictions for 30+ years.