Press Release | Community Revolving Loan Fund

For Immediate Release

October 15, 2010

Contact: John Coleman
Sustainability Director
[email protected]

Mikel Lolley
Treadwell Institute
[email protected]

Community Revolving Loan Fund

Utilizing funding from its Energy Efficiency and Conservation Block Grant, the City of Fayetteville has created a Community Revolving Loan fund to assist local non-profits in their efforts to become more energy efficient and reduce operating costs and their carbon footprint.

Funding will go to a select group of non-profits for energy efficiency improvements on facilities—including lighting replacement, heating and air conditioning upgrades, weatherization, and other enhancements. Cost savings from each project will help pay off the loan which will then allow the City to fund another round of projects.

The City has hired the Treadwell Institute to administer the program. Treadwell Institute is currently accepting applications from non-profits for the program. Selections will be made on December 1st for the initial round of projects, so please contact Mikel Lolley or John Coleman if you are interested.