Drive through any neighborhood and youre bound to see at least one house or business building with solar panels on one side of the roof. Go home and do a little research and youll find that solar panels can be quite expensive to install on your own. The good news for those who are particularly eco-conscious is there are several different government funding programs that can either completely cover or significantly offset the costs.
HUDs Green Retrofit Program
HUD offers both grants and loans through the Green Retrofit Program, especially for multi-family dwellings. The property in question will undergo both financial and physical examination to make sure it is properly preserved and meets financial qualifications. Any grant money received through the program must be spent within 2 years, so you must be prepared to show proof that youve had solar panels or other energy saving retrofits installed.