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(Polk County, IA) -- A new program will help Polk County residents buy solar panels.
The Neighborhood Finance Corporation is partnering with Grow Solar Polk County to offer low and moderate income homeowners loans to make clean energy an option. To be eligible for the funds, homeowners need to live in a lending area.
The NFC program follows a 2022 Grow Solar program that beat expectations. They offered free solar site assessments to homeowners and businesses this summer. By the end of the fall, those that bought solar panels helped avoid releasing 435 tons of carbon dioxide, nearly 100 tons more than expected.
"The impact of this program will have a positive effect on our local communities for years to come, both in the form of local investment and the reduction of our collective carbon footprint," said Patrick Snell, Climate and External Affairs Associate at The Nature Conservancy in Iowa.
Grow Solar says it invested $1.2 million worth of renewable energy into Polk County in 2022.
The financing program starts on January 1st, 2023. For more information on NFC loans, contact Richard Cook at (515) 273-1368 or rcook@neighborhoodfinance.org.