Description

Cape & Islands Self-Reliance Corporation provides low-interest loans for energy-related home improvements (including solar water heater and photovoltaic installations) under its Home Energy Loan Program. The financing is available in cooperation with Cape Cod Bank & Trust. Self-Reliance uses funds generated by its member-benefit programs to underwrite loans for energy-related home improvements for its members. The fixed interest rate for HELP loans is based on the 90-day U.S. Treasury Bill rate plus 2%.

Requirements for participation are:

– membership in Self-Reliance;
– the home must be occupied year-round;
– annual applicant income must not exceed $80,000; and
– applicant must meet credit approval standards at CCB&T.