Homeowners’ Energy Conservation Program
The Homeowners' Energy Conservation Program encourages homeowners and
developers to incorporate energy conservation products and materials in
rehabilitation and home improvement projects. The program
benefits include:
A free home
improvement and energy efficiency consultation plan A comprehensive
mortgage package that rolls the cost of home improvements and purchase funds
into one single payment plan Reduced energy
costs and monthly utility bills as well as a more valuable home A free ENERGY STAR®
qualified refrigerator from Sears for participants including $2,000 in eligible
energy efficient repairs in their rehab projectsHomeowners interested in participating must submit a rehab plan to a ShoreBank mortgage lending specialist. The mortgage specialist will then perform a free mortgage check-up and arrange for a free energy consultation to help the homeowner understand the energy saving options available. Participants then finalize their rehab plans and submit the necessary paperwork after the repairs are made in order to receive their free refrigerator.
Homeowners and developers of a single-, or multi-family (one to four units) residence on Chicago’s South and West sides are eligible to participate in the program. To qualify, the project must include a rehab component of at least $5,000.
For more information about ShoreBank visit www.sbk.com.
