Green Loan Fund
In 2010, The Associated secured a stipend from the Marty and Dorothy Silverman Foundation to launch The Green Loan Fund. The fund provides a $300,000 line of credit, of which a portion can be borrowed by any Jewish organization to carry out a greening project at its facility. Projects are generally restricted to lighting projects, though organizations can discuss other options. The money is for a loan, it’s interest free, and organizations are required to pay it back within three years. The projects generally pay for themselves in less than that time and the greening results in substantial money savings.
If you’re interested in improving the energy efficiency of your congregation or school and want to learn more about the Green Loan Fund, contact Miriam Glaser at email@example.com.