Mayor Dave Cieslewicz announced Tuesday the launch of the Green Madison Program, which allows residents to apply for low-interest energy efficiency loans.
The creation of the new Green Madison Program is partially funded by the U.S. Department of Energy's $7.2 million grant.
The new program leverages grant funding to provide low-interest loans in order to help homeowners take on energy efficiency improvements.
""This program gives our residents the professional expertise and financing to make improvements to their homes that will save energy and money,"" Cieslewicz said in a statement.
The program will also provide help to guide homeowners through the process and connect them with available incentives.
""Green Madison has real potential to deliver substantial energy savings to a large number of homeowners, while helping to grow jobs in Madison,"" Wisconsin Energy Conservation Corporation Executive Director Mary Woolsey Schlaefer said.
WECC, Community Development Division and Summit Credit Union are partnering with the city of Madison for the program.