|RE: Funding for non-traditional projects||<– Date –> <– Thread –>|
|From: Rob Sandelin (Floriferousmsn.com)|
|Date: Sun, 27 Oct 1996 10:35:22 -0600|
Denise wrote :The next week I was driving by the new Real Goods Solar Living Center in Hopland (straw bale construction, among other innovative techniques used) and guess which bank was providing the construction financing! Banks often will do "service projects" which they contribute lending for things which they are willing to portfolio loan on, at low rates, and with the idea of advertising. These deals are usually cut with an executive of the bank, such as a senior VP or the president and often are extensively advertised with signs and such "Funding by a grant from US bank". Etc. These are typically one time, non-residental, community projects, although some banks do a bit of innovative housing at high risk. Winslows Coop loan is one example of such a deal, which was arranged by a V.P of a smallish credit union. Here in the NW there is some sort of Green fund which has been used to finance some eco-stuff. I do not have exact details, but heard about it from the Seattle eco-builders guild. Similiar sorts of things probably exist elsewhere. Once upon a time I ran across a great little booklet in the Seattle Greenpeace library called "funding sources for non-profits" It listed several grant giving and other sorts of organizations, funds, and even some commercial bank "special project" awards and funds. There are a number of non-profit housing associations, set up to secure grants and funding for low income which have different rules and expectations. The folks who run these are usually extremely knowlegable about all the details and programs. Rob Sandelin Sharingwood Where the rain deters anybody from even thinking about straw houses.
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