ReBuild Western Massachusetts Loan Program
Administered by: Green Communities Program of Department of Energy Resources
Program Details
- Program ID
- 5071
- Effective Date
- 1/1/2011
- Expiration Date
- 12/31/2012
- Last Updated
- 11/29/2012
Eligibility
Incentive Amount
$8,000,000
Program Summary
NOTE: The below information is for reference only; this program is no longer available. Massachusetts communities Brimfield, Monson, Southbridget, Springfield, Sturbridge, and Western Springfield were devastated by tornadoes on June 1, 2011. In an effort to help tornado victims rebuild using energy efficient technologies and practices, the Department of Energy Resources developed an $8 million program. Both grants and zero-interest loans are available. The grants will be available through the end of April 2012, while loans will be available through the end of 2012. Homeowners interested in a loan for a rebuild or major renovation ("gut" renovations) will have to work with a Home Energy Rating System (HERS) company throughout the project reconstruction planning and implementation. Homes that achieve better HERS scores are eligible for larger loans. In addition, rebuilds (new homes) are required to meet Massachusetts base energy code. Under any scenario, the homeowner will have to contact program administrators to pre-qualify and to get a list of participating lenders.
Contact & Resources
Please verify current program details with the administering agency before making any financial decisions.