By: greenbank On: January 01, 2018 In: Comments: 0

The Kresge Foundation made a US$3M program related investment in the CGB to support deployment of resilient renewable energy projects (to include energy storage) in urban and coastal communities. The PRI is a loan for 10 years and 2% interest. The aim is to fund 13 to 18 projects at affordable multifamily and community/critical facilities, with local businesses acting as community hubs.

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