Specifications include, but are not limited to: •To help Vermonters improve the energy efficiency of their homes, especially comprehensive weatherization projects, by increasing access to and reducing the cost of capital for borrowers. oThe HSL program offers below market-rate financing for homeowners looking to access funds for up-front expenses needed to upgrade home energy performance and save money. oThe HSL program promotes participation for low and moderate-income Vermonters, by providing income-sensitive tiering of interest rates. •Establish sustainable funding framework for long-term existence of the HSL program through use of a Loan Loss Reserve (LLR) fund that can be available as security against future loan defaults. •Drive new projects via marketing by well-trained contractors through the Efficiency Excellence Network (EEN) and provide a tool for contractors to close sales by helping customers to access capital for efficiency projects.
