Nebraska Energy Office 1% Energy Related Disaster loans through Nebraska Financial Institutions
Nebraska Financial Institutions should be aware of important changes to the Nebraska Energy Office’s Dollar and Energy Savings Loan Program. The NEO has adjusted its Dollar and Energy Savings Loan program to make it more attractive to Nebraska Financial Institutions and more helpful to Nebraskans affected by the recent weather disasters.
Effective immediately, the Nebraska Energy Office (NEO) is offering Dollar and Energy Savings Loan Program 1% loans to assist those impacted by floods to repair their homes, provided the home has not been condemned.
Project applications need to be submitted to your Nebraska-based lender and the NEO office prior to installation for verification of compliance with program requirements. However, if emergency improvements have been made, and you wish to apply for the 1% program with your lender, NEO will consider prior improvements provided installed equipment and materials meet program requirements. NEO is also waiving the requirement that the property needs to be at least 5 years old for this offering.
This program will end August 1, 2019. All necessary project forms and additional information can be obtained here:
Getting a Loan for Prequalified Projects.
Additional questions, please contact energy@nebraska.gov
Representatives from Department of Banking and Finance and the Nebraska Energy Offices will hold a webinar to provide information and take questions from interested Nebraska Financial Institutions on the NEO’s Disaster Assistance 1% Dollar and Energy Savings Loan Program
Event Information: Nebraska Energy Office 1% Disaster Loans
Time: 9:00 am CST to 10:00 am CST April 12, 2019
https://nvcn-cio.webex.com/nvcn-cio/onstage/g.php?MTID=e116112b646a7f8667e5861c73e9ab420
