Albuquerque Journal
Hannah García / Journal Staff Writer
In an effort to support small businesses and nonprofits, the New Mexico Climate Investment Center has launched a new loan program to help finance energy efficiency and resiliency upgrades to facilities.
The NMCIC’s proposal requests will remain open through Aug. 31, according to a news release. Organizations can apply for below-market interest rate loans, each up to $250,000, for projects that electrify or solarize their facilities. Chief Investment Officer Emily Leveille said interest rates and loan durations are flexible and dependent on the project being financed.