TELP offers energy-efficiency financing for Boston-based nonprofits
As the coronavirus shutdown has threatened nonprofits’ funding, opportunities to find cost savings are more important than ever. Simultaneously, Boston-based nonprofit institutions are striving to meet the City’s carbon neutrality goals. But installing energy-saving measures can require investments that many nonprofit institutions are unable to make.
Now, Boston nonprofits can take advantage of an affordable energy-savings program with no up-front costs, thanks to the tax-exempt lease program (TELP) of the Boston Industrial Development Financing Authority (BIDFA). As an approved performance contractor of the program, GreenerU can work with museums, universities, healthcare centers, and other 501(c)(3) entities to identify and implement comprehensive energy upgrades.
On Wednesday, December 9, 2020, GreenerU's David Adamian, BIDFA's Bill Nickerson and Gisella Soriano, and the City of Boston's Brenda Pike presented an information session on TELP. You can watch the webinar below or click on links in the additional resources for more information.
Additional resources
Boston Industrial Development Financing Authority (BIDFA)
City of Boston Environment Department
Building Energy Reporting and Disclosure Ordinance (BERDO)
PowerPoint slide deck from December 9, 2020 presentation
Find out whether TELP is the right program for you to implement energy-efficiency measures at your Boston building by contacting GreenerU today.
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