New Loan Fund Available For Energy Efficient Upgrades In Washtenaw County Rental Properties
A new program offers owners of small rental properties in Washtenaw County low interest loans to make energy efficient upgrades.
The A2 Energy Loan Fund is available for one to four unit rental housing properties.
Ann Arbor Sustainability Associate Jamie KidwellBrix says 30 percent of the city's rental housing is older converted single family residences that can use upgrades. "Air, ceiling, insulation, upgrades to heating and cooling, anything that really improves the energy efficiency of a rental housing unit," Kidwell Brix says.
Estimates show about $50 million in energy costs are spent on rentals in the county's urban core, so a 10 percent improvement would save $5 million.