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New Program Makes Available $2 Million in Low Interest Loans for Home Energy Improvements

first_imgNew Program Makes Available $2 Million in Low Interest Loans for Home Energy ImprovementsState Treasurer Jeb Spaulding will announce September 17, 2008, a new low-interest home loan program that will make available $2 million to Vermont homeowners seeking to weatherize their homes and reduce energy costs. Joining Spaulding will be TD Banknorth President Phil Daniels, Efficiency Vermont Director Blair Hamilton and Burlington homeowner Bob Poczabut.The new program can potentially provide very low-interest loans to weatherize approximately 800 homes, depending on the loan amount granted. Efficiency Vermont also will announce a limited time offer associated with the program that will further help defray homeowner costs for undertaking comprehensive weatherization improvements. In addition to weatherization projects, the new program will provide low-interest loans for the replacement of old, inefficient heating equipment.For More Information: Lisa Helme, Director of Financial Literacy & Communications, Office of the State Treasurer, (802) 828-3706, email: lisa.helme@state.vt.us(link sends e-mail)last_img

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