The Solar Energy Loan Fund (SELF), a 501(c)(3) non-profit organization providing unsecured financing solutions to Florida and Southeast U.S. residents adding solar and home improvements, recently surpassed $30 million of cumulative loans.As a green bank and Community Development Financial Institution (CDFI), to date SELF has provided loan products to historically underserved and underbanked low-to-moderate income (LMI) communities such as retirees, working class families, veterans, disabled homeowners and those with poor credit background.SELF has issued more than 3,000 green home loans, which average about $10,000 per loan but can range up to $50,000, for rooftop solar, high efficiency air conditioners, roofing repairs and other residential sustainable improvements.“SELF is an implementation tool to retrofit and build new resilient, affordable housing while fostering green jobs,…
Solar Energy Loan Fund surpasses $30 million of residential loans – pv magazine USA
