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Finance Vendor Details

GreenFinanceSF
Lender: City and County of San Francisco Special Tax District 2009-1
Contact Information
Website: www.greenfinancesf.org
Phone: (415) 355-3761
Email: contact@greenfinancesf.org
Property Types
Program Description
GreenFinanceSF offers commercial property owners in San Francisco funding for energy efficiency, renewable energy and water efficiency improvements that are permanently fixed to the property. Financing is repaid annually via the property tax bill over the course of up to 20 years.
Verified by Lender on: 2/17/2016
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Types of Financing
PACE
Financing & Payment Information
Term (years):
5
Minimum Amount:
$250,000
Maximum Amount:
$0
Fees:
Yes
Money Down Required:
No
Repayment Method:
Property Taxes (PACE)
Payment Frequency:
Annual
Pre-Payment Penalty:
Yes
Allowable Projects
Funds Energy Efficiency projects
Funds Water Efficiency projects
Funds Renewable Energy projects
Funds Demand Response projects
Funds other energy projects
Funds other energy-related projects
Other Program Requirements
Financing Approval Time
Immediate
Equity in Property Needed
No

Financial Products

Lien type Property Assessment
Re-Payment Method Property Taxes (PACE)
Property Types
Automatic payment option available N.A.
Requires utility incentive program participation No
Must use Program's pre-approved contractors No
One-time fees (% of total financing) 5 - 9
One-time fees (fixed) 1672
Ongoing fees 787
Financing Amount $250,000 +
Financing Term (yrs.) 5 year(s)
Rate Market Rate
Money Down Required? No
Credit Enhancement Available
Transferrable Yes
Prepayment Penalty or Fee Yes
Tax Deductibility Yes
Minimum Credit Score Required No
Equity in Property Required Yes
Debt to Income Ratio Required No
Involuntary Property Liens Allowed Yes
Foreclosures Allowed Yes: Yes (occurred more than 5 years ago)
Bankruptcies Allowed No
Mortgage Lender Consent/ Acknowledgement Yes
Must be current on property taxes Yes
Must be current on mortgage Yes
Loan to value Yes: 0%
Debt Service Coverage Ratio Yes: 0
Financing Approval Time Immediate
Projected Energy Savings/Cash Flow is considered No
Must be current on utility bill No

Upgrades Covered

No Results

FAQ's

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