The Navigator Pre-Development Loan offers an unsecured line of credit for the financing of pre-development projects in affordable and market rate properties. This enables owners to select and manage technical service providers who specialize in the analysis, design, and implementation of energy improvements.
Program benefits
• Supports well-designed energy projects that save on utility bills and enhance your building’s attractiveness to tenants
• Property owners select and manage their own service professional(s)
• Owners cover 25% of project costs; Inclusive Prosperity Capital finances 75% of costs
Eligible costs
• Energy benchmarking, opportunity assessments, audits
• Green charrettes and green physical needs assessments
• Assessments of energy-related health and safety issues
• Design, engineering and bidding work
• Costs to secure project financing for energy upgrades
• Other reasonable expenses needed to get your energy project designed and funded
For more information, please see our fact sheet or contact us.