Finally, Financing for Hurricane Protection!
Ygrene becomes available to more Florida Homeowners.
Ygrene recently became available to more Florida homeowners in need of financing for hurricane protection. Originating in California, Ygrene was co-founded in 2006 by Dennis Hunter with the intention of making financing for energy efficiency, renewables, water conservation, and, in certain areas, hurricane protection renovations, readily available with no upfront costs! Over the subsequent years, Ygrene has secured strong financial partnerships with multiple local banks to create its award-winning, privately funded program.
So what does this mean for Florida homeowners? For those living in areas with PACE (property assessed clean energy) financing it means 100% no money down financing for qualifying projects. PACE payments are made through property tax bills, may transfer with the property upon sale, and may offer tax benefits to the property owner as well. PACE financing can be repaid with terms of up to 30 years depending on service area and type of improvement.
This is great news for homeowners desiring to retrofit their homes with impact doors and windows but are strapped for cash or are planning on selling in the near future have a viable source of financing.
To see how impact windows and doors can reduce your utility bills, protect from home invasions, and increase your resale value please see our article.