| Implementing Sector | Local |
|---|---|
| Category | Financial Incentive |
| State | Hawaii |
| Incentive Type | Loan Program |
| Web Site | http://www.honolulu.gov/cms-dcs-menu/site-dcs-sitearticles/1852-cad-solar-loan.html |
| Administrator | City and County of Honolulu |
| Eligible Renewable/Other Technologies | Solar Water Heat, Solar Photovoltaics |
| Applicable Sectors | Residential |
| Maximum Loan | 0% loan up to a 20 year payment term; Certain borrowers may qualify for a reduced minimum payment |
The Honolulu Solar Loan Program is offered by the City and County of Honolulu. The program offers zero-interest loans to income-eligible homeowners for the installation of solar water heating and photovoltaic systems through the City’s Rehabilitation Loan Program.
The zero-interest loans are available for single-family homes and individual condominiums with home owners association approval.. For loans over $10,000, a mortgage lien will be secured on the property. Additional repairs such as re-roofing work, etc. may be included in the installation work depending on the City inspection. Qualification is dependent on income level (guidelines available on program website). The program is designed to assist low- and moderate-income owner-occupant homeowners.
For more information, please visit the City and County of Honolulu website to download an application.
