CDFA was awarded $1.5 million in funding from the Greenhouse Gas Emissions Reduction Fund, through the New Hampshire Public Utilities Commission, to capitalize a revolving loan fund, the Municipal Energy Reduction Fund. Loans will finance energy improvements to municipal facilities and activities.
The Ice Arena project will also include more efficient lighting and controls, improved building envelope, energy efficient transformers and power factor corrections and water conservation measures. Energy savings from these improvements is estimated to be over $125,000 per year. In addition, there will be an estimated annual reduction of 576 tons of carbon emissions because the facility will utilize less energy.
CDFA, created by legislation in 1983, is a nonprofit public instrumentality of the State of New Hampshire. CDFA administers $33 million in funding resources, which includes a combination of state tax credits, federal Community Development Block Grant, Neighborhood Stabilization funding and Energy Reduction grants and loans. CDFA supports affordable housing and economic development activities that benefit low- and moderate-income citizens. For more information about CDFA and its programs visit www.nhcdfa.org or call 603-226-2170.
For more information contact: Glenn Coppelman, 603.717.9117, [email protected]