When you apply to participate in the Community Power Works program, you can also apply for an affordable loan to finance your upgrade. Community Power Works has partnered with two great local lenders: Craft3, a local non-profit community lender; and Puget Sound Cooperative Credit Union (PSCCU), a local credit union with a focus on offering energy efficiency credit and resources for Puget Sound homeowners. Both Craft3 and PSCCU allow you to finance 100% of your home energy upgrade with no money down.

The City of Seattle, Office of Housing offers FREE home weatherization services for income qualified families and homeowners. Check out Homewise at:

Craft3 On-Bill Home Energy Efficiency Loan

  • Fixed rates of 3.49%* or 4.49% APR
  • Loans from $1,500 to $30,000
  • Eligible credit scores as low as 590
  • Easy on-bill loan repayment on your Seattle City Light bill
  • Up to a 20 year term
  • No fees, extra costs, or pre-payment penalties
  • Low impact on your monthly budget with payments based on loan amount

* Households earning up to 80% of the Area Median Income may qualify for the 3.49% APR rate.

Apply Now | Craft3

Craft3 is a non-profit 501(c)3 community development financial institution that has been strengthening economic, ecological and family resilience in Pacific Northwest communities for 19 years. Since 2009, Craft3 has provided energy efficiency loans to over 3,000 business and property owners in Washington and Oregon. Craft3 believes reducing carbon emissions, expanding ‘green collar’ jobs, and lowering energy costs create economic and ecological resilience.

Craft3 offers homeowners no-fee Home Energy Efficiency Loans with a low fixed rate of 4.49% APR (or 3.49% for households earning up to 80% of the Area Median Income).

Craft3 is an equal opportunity lender, provider and employer. Product terms and availability subject to change without notice. Not all applicants will qualify. Craft3 NMLS#390159.

More About Craft3

Puget Sound Cooperative Credit Union (PSCCU) Energy Efficiency Loan

  • Same day to one day turnaround on loan pre-approval
  • Loans from $1,000 to $50,000
  • Affordable: Minimum $50.00 per month Payment
  • Fixed Rates: 4.25% – 8.74%*
  • Flexible Terms: Up to 180 months (up to 15 years)
  • Projects can include renewable energy such as geothermal

* Rates, terms and dollar limits are based on credit. For more information contact the Credit Union today.

Apply Now | PSCCU

Puget Sound Cooperative Credit Union (PSCCU) understands the challenge in affording energy-efficient alternatives for your home. PSCCU loan products cover everything from heating and cooling, hot water tanks, windows and even include renewable energy such as geothermal! PSCCU offers energy efficiency loans with terms up to 15 years and loan amounts up to $50,000* with fixed rate loans as low as 4.25%* for most energy efficient and/or renewable energy projects.

Leave a Reply

Your email address will not be published. Required fields are marked *

Community Power Works is a Seattle neighborhood-based building retrofit program that will achieve deep energy savings and create green jobs.