Energy Project and Equipment Financing

VA Loan Program local government

Administered by: Virginia Resource Authority

Program Details

Program ID: 4875
Last Updated: 10/14/2024

Eligibility

Eligible Sectors

local government

Eligible Technologies

solar water heat solar space heat geothermal electric solar thermal electric solar thermal process heat solar photovoltaics wind (all) biomass geothermal heat pumps municipal solid waste combined heat & power landfill gas custom/others pending approval yes; specific technologies not identified wind (small) geothermal direct-use

Program Summary

The Virginia Resources Authority (VRA) was created in 1984 and provides financial assistance to local governments in Virginia for a variety of projects, including energy and energy conservation projects. In March 2011, H.B. 2389 added "renewable energy" to the list of eligible projects (though it may have already been technically eligible under the "energy" category). VRA offers a couple financing options, including the Virginia Pooled Financing Program and Revolving Loan Funds. Interested entities can use the contact form available on the VRA web site in order to discuss financing options with VRA staff.

Contact & Resources

Additional Resources

https://www.virginiaresources.gov/page/programs/

Please verify current program details with the administering agency before making any financial decisions.