More on Greenfield's $40K Energy Efficiency Grant
From a Greenfield Mayor's Office press release:
Mayor William F. Martin received notice from the Massachusetts Department of Energy Resources (DOER) that Greenfield will be the recipient of $40,000 in a state grant under the Green Communities Division. DOER’s Green Communities Division has approved an award of $40,000 for the following project proposed in the Town of Greenfield’s Green Communities Competitive Grant application: $40,000 Low-Moderate Income Residential Energy Efficiency Program. The Division reviewed the city’s grant application and has determined that “this is a viable, well developed project that meets the eligibility requirements of our Competitive Grant program.”
The Greenfield Low-Moderate Income Residential Energy Efficiency Program will duplicate the Town’s FY2011 Greenfield Mini-Entitlement Housing Rehab Program. This funding will be used to address the energy efficiency of substandard housing within the current Community Development Block Grant Target Area. The boundaries of the Target Area are Solon and Elm Streets on the west, Silver Street to the north, and High Street, Highland Avenue and James Street on the east. The southern boundary runs along Hope, Russell, Washington, Deerfield, Mill and River Streets to the Mohawk Trail at Solon Street. Eligible applicants will be determined through income verification procedures and will be low- or moderate-income families (100% low/mod benefits for single family homes, at least 50% LMI for duplexes, and at least 51% LMI for multi-family properties). As an example, a household of four would need to make less than $64,200 annually to qualify for this program.
This Low-Moderate Income Residential Energy Efficiency Program will allow the Town to assist at least 8 low–moderate income households within the target area. It is anticipated that the property values of these homes will increase which will, in turn, strengthen the municipal tax base. Also, this program is expected to positively affect the local economy as materials are purchased from local suppliers and local contractors are hired to do the installation. As the homeowners assisted by this program will be able to lower their annual heating/cooling budgets, their disposable incomes will increase. Those incomes could be spent locally, thereby further benefiting the local economy.
Questions about the Green Communities Grant award can be directed to Eric Twarog at the Department of Planning & Development, (413) 772-1549.