Solar Helps Reduce Costs for Affordable Housing in California

Affordable housing nonprofit LINC Housing yesterday said its SEED Partners unit has installed new solar PV systems at five LINC properties in California.

LINC said that aggregation of the solar projects allowed the organization to leverage tax credits and available incentive programs.

“Any time we can reduce the overall energy cost burden for our residents, it’s a win,” Rebecca Clark, president and CEO of LINC Housing, said in a statement. “With this project, we’re both reducing energy costs and providing a sustainable source of power.”

A $50,000 grant from nonprofit affordable housing provider Enterprise Community Partners, and a $588,000 loan from Enterprise Community Loan Fund and the National Housing Trust supported the project.

LINC said that the solar projects will begin generating power by the end of the year.

Lead image credit: CC0 Creative Commons | Pixabay

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