GreenSun Hawaii

HI Loan Program commercial industrial nonprofit residential multifamily residential

Administered by: Hawaii Community Reinvestment Corporation

Program Details

Program ID
5102
Last Updated
10/14/2024

Eligibility

Eligible Sectors
commercial industrial nonprofit residential multifamily residential
Eligible Technologies
solar water heat solar photovoltaics refrigerators/freezers lighting heat pumps air conditioners windows

Incentive Amount

$4.38 million in federal funding

Program Summary

The GreenSun Hawaii program works with various lenders throughout Hawaii to offer financing for renewable energy and energy efficiency upgrades. Through the program, homeowners may be eligible to finance Energy Star refrigerators, Energy Star air conditioners, solar water heating systems or heat pumps, and solar photovoltaic systems.  Non-residential property owners may be eligible to finance lighting retrofits or upgrades, air conditioning, solar water heating systems, solar photovoltaic systems, and windows. An energy audit is required for non-residential property owners. GreenSun Hawaii is a loan loss reserve fund developed using funds from the The American Recovery and Reinvestment Act of 2009 (ARRA). GreenSun Hawaii partners with banks and credit unions, making the loan loss reserve fund available to participating lenders. Consequently, participating lenders are able to offer more favorable terms and lower interest rates to homeowners, businesses, non-profits, and owners of multi-family dwellings for the installation of renewable energy and energy efficient technologies. Specific terms vary by lender. 

Contact & Resources

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

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