Mayor Newsom Signs Legislation Creating a New Green Financing Program

Mayor Newsom signs Legislation Creating a New Green Financing Program Innovative Program Will Finance Energy-Efficiency, Water Conservation & Renewable Energy Improvements Repaid through Property Taxes

02/08/10 – Mayor Gavin Newsom today signed legislation creating an innovative new program to finance energy-efficiency, renewable energy, water conservation and other environmental improvements to San Francisco residential and commercial buildings. The new “green financing” program would allow home and building owners to fund environmental improvements, with the financing attached to the property and paid back through a special line item on the property tax bill over the life of the improvements. Read more

Posted on February 9, 2010 | The comments to this entry are closed.