Navigator (for nonprofit owners)
The Navigator Line of Credit offers unsecured pre-development financing for affordable and market rate properties enabling owners to selected and manage technical service providers who specialize in the analysis, design, and implementation of energy improvements.
The program is available to nonprofits. To learn more contact us.
Catalyst (for nonprofit owners)
The Catalyst Term Loan supports energy improvement projects for low- and moderate-income multifamily properties and community based non-profit organizations. This loan provides unsecured financing for new construction and renovation projects, including:
> Energy efficiency or renewable energy improvements,
> Performance monitoring and verification, and
> Health and safety remediation
Loans are repaid from energy cost savings for terms up to 20 years.
The program is available to nonprofits.To learn more contact us.
Solar PPA (for nonprofit and government properties)
Inclusive Prosperity Capital offers a solar power purchase agreement (PPA) – an opportunity for building owners to go solar with no money down, delivering immediate savings on electricity and offering peace of mind in knowing that an experienced third-party owns and operates the solar system to maximize its benefits.
How it works – IPC oversees the development and asset management of a solar system on a building. The owner purchases the electricity generated by the solar system at an agreed-upon rate, often at a significant discount to grid power, through a Power Purchase Agreement (PPA).
Why use a PPA?
> No upfront installation costs
> No new debt to incur
> Lock in low electricity costs and realize predictable energy production
> Positive cash flow in year one
> Preserve capital and credit lines for other investments
> Managed by a third-party solar system owner
> Option to buy the solar system at fair market value
> Third-party solar system owner maintains the system and manages all equipment and warranty issues
The program is available for nonprofits and government entities. To learn more contact us.
Developers of community solar projects often struggle to find reasonable financing terms for projects that serve low- and moderate-income populations. Whether a project is serving the residential sector directly or community-based institutions in underinvested neighborhoods, IPC recognizes that attractive long-term financing is scarce for community solar projects that are breaking new ground with respect to lowering energy burdens for those who need it most. IPC provides debt capital to community solar projects that are breaking new ground and making solar accessible to all.
To learn more contact us.