The Green Communities Fund is currently no longer accepting applications. We do want to hear about potential projects as we are seeking additional funding.
The Green Communities Fund is a new revolving loan program offered by the Georgia Cities Foundation. Made possible through a grant from the Georgia Environmental Facilities Authority (GEFA), the Green Communities Fund provides low interest financing to business and/or property owners for energy efficient improvements to their qualifying commercial properties.
The Green Communities Fund program targets commercial buildings located inside the city limits of any city in the state of Georgia. These low interest loans range in loan size from $10,000 to $250,000. With energy efficiency as the objective of the program, the loans will be used for energy efficient improvements to existing businesses, renovations of existing buildings, as well as for improvements to planned new construction.
To date, the Foundation has provided 15 loans totaling $1,477,725 for energy efficient improvement projects in 11 cities. The total cost for the 15 projects is $1,872,790. Projects have been funded in the following cities:
- Atlanta (4 loans)
- Augusta (2 loans)
- Richmond Hill