It’s time to plan ahead…for your retrofit projects.
In case you didn’t hear the news, Oakland will soon participate in what’s lovingly known as the “CaliforniaFIRST” program. This financing opportunity enables homeowners to borrow money for their home improvements now, and pay it back through property taxes over the next decade or two.
You may be able to afford air sealing, wall and roof insulation, energy efficient windows, tankless water heaters, low-flow toilets and even solar panels. In other words, investigate your needs and go shopping stat!
According to Oakland Public Works, this program should be launched by June. The application criteria and financing details aren’t available yet, so stay tuned for updates.
[...] depreciation “write-offs” available. We understand that additional low-interest loans are coming down the pike, which get paid back through long-term property [...]