ClimateSmart Loan Program Delayed Due to New Department of Energy Requirements
Wednesday, May 12th, 2010ClimateSmart Loan Program delayed – just in from Boulder County:
We just received some communications from federal banking regulators and new requirements from the Department of Energy that affect the ClimateSmart Loan Program and similar programs across the country. One impact of the Department of Energy requirements is that the ClimateSmart Loan Program will be required to abide by new national guidelines. In order to make sure that we are in compliance with these new guidelines, it is necessary to delay our loan application process for 60 days. This means that our application process will be put on hold until late July. During this period, we are keeping our online application open to allow residents to continue to apply for loans.
We greatly apologize for this inconvenience, as we know you have worked hard to be able to participate in this program. We will also be extending this message to local contractors, and would appreciate your helping us get the word out by informing your contractor(s) of this delay.
We will contact you as soon as we know how these guidelines will impact the program. We will also continue to update our website with the latest information at ClimateSmartLoanProgram.org.

