Solar Energy for Affordable Housing
Affordable Housing projects are a perfect fit for solar energy and every day more developers are realizing that solar provides an opportunity to increase investor returns, reduce operating expenses and help the environment.
Borrego Solar will help you combine Low Income Housing Tax Credits, Solar Tax Credits, cash rebates and specific Affordable Housing subsidies to make your project happen. In most cases solar projects on new Affordable Housing developments offer very attractive returns. In some states adding solar to your application increases your chances of successfully procuring LIHTC allocations.
In some cases through our partnerships with leading project financiers, we can offer no money down solar power purchase agreements to install solar on multiple sites within your portfolio of existing housing stock.
Having worked with many of the top Affordable Housing developers, we understand the specific challenges you face, and can integrate solar into your new or existing stock in a profitable and seamless manner.
Partial List of Customers
- Boston Community Capital
- Resources for Community Development
- Satellite Housing
- Chelsea Investment Corporation
- Wakeland Housing & Development Corporation
- Steadfast Companies
- Citizens Housing
- Eden Housing
- EAH Housing