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Finance Vendor Details

Green Hayward PAYS
Lender: City of Hayward
Contact Information
Phone: (510) 583-4700
Property Types
Program Description
Green Hayward PAYS® is a program offered by the City of Hayward. It allows Hayward multi-family housing owners to make eligible water and energy saving upgrades to their business with no up-front cost and immediate savings on the property's utility (water and energy) bills. Property owners pay for upgrade measures through a bi-monthly surcharge included in the property's water bill.
Verified by Lender on: 11/4/2015
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Types of Financing
Financing & Payment Information
Term (years):
Minimum Amount:
Maximum Amount:
Money Down Required:
Repayment Method:
On-bill financing
Payment Frequency:
Pre-Payment Penalty:
Allowable Projects
Funds Energy Efficiency projects
Funds Water Efficiency projects
Funds Demand Response projects
Funds other energy projects
Other Program Requirements
Must be program-approved
Financing Approval Time
More than 48 hours
Equity in Property Needed

Financial Products

Lien type Other
Re-Payment Method On-bill financing
Property Types
Automatic payment option available No
Requires utility incentive program participation No
Must use Program's pre-approved contractors Yes
One-time fees (% of total financing)
One-time fees (fixed)
Ongoing fees
Financing Amount $1 +
Financing Term (yrs.) 10 year(s)
Rate 0%
Money Down Required? No
Credit Enhancement Available No
Transferrable Yes
Prepayment Penalty or Fee N.A.
Tax Deductibility No
Minimum Credit Score Required
Equity in Property Required No
Debt to Income Ratio Required No
Involuntary Property Liens Allowed Yes
Foreclosures Allowed
Bankruptcies Allowed
Mortgage Lender Consent/ Acknowledgement No
Must be current on property taxes No
Must be current on mortgage No
Loan to value
Debt Service Coverage Ratio No
Financing Approval Time More than 48 hours
Projected Energy Savings/Cash Flow is considered Yes
Must be current on utility bill Yes

Upgrades Covered

No Results


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