ST.LOUIS (KMOX) – As the winter months draw closer, the city of St. Louis would like to assist homeowners through their new energy efficiency program.
The office of Comptroller Darlene Green is offering low-interest home improvement loans through the “Green HELP” program to aid residents with energy efficiency repairs. Homeowners can use the money for repairs such as attic insulation, door and window repairs, and hot water heater repairs.
Green said the funds are part of a $4.6 million home repair and energy efficient program through the federal government. Residents can borrow up to $15,000 with a 2.1% interest rate, based on credit worthiness. A minimum credit score of 625 is required to participate.
Repairs are recommended to homeowners after officials from Washington University and the Urban League of St. Louis perform energy assessments to determine the best way homeowners can save on energy costs.
“A lot of times, we’re able to help major developers in and around our city to make their projects successful,” Green said, “and here’s an opportunity for homeowners to get a small loan to help improve their energy efficiency in their home.”
The loans are available on a first-come, first-serve basis. Residents must be current on all real estate and personal property taxes in order to apply. Additional information about the program can be found at Green HELP’s website.
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