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Energy Efficiency Loans

Construction Worker Insulating Wall with Fiberglass Batt

Illinois homeowners can apply for a DoubleGreen loan to finance a variety of energy-saving upgrades.

DoubleGreen loans are offered by Elevate in partnership with Capital Good Fund, a community-based nonprofit lender.

With a DoubleGreen loan, it’s easy and affordable to make your home more energy efficient. You can use your DoubleGreen loan for a variety of energy-saving upgrades, including:
  • Wall and attic insulation
  • Window replacement
  • Air sealing
  • Boiler repair and replacement
  • LED lighting upgrades
  • Water-efficient showerheads, aerators, and toilets
  • Solar electric systems
  • See the full list of loan eligible measures (PDF)

Designed to serve the needs of homeowners with less-than-perfect credit, DoubleGreen loans can be paid back in monthly installments over two to seven years (depending loan amount). And because the interest rate is just 7.99%, the loan is extremely affordable.

Energy Efficiency Loan Benefits

The DoubleGreen Loan Program has no application or closing fees, and no minimum or maximum income or credit score requirement. The loans are unsecured, meaning your property or assets aren’t used as collateral. Loan decisions are made within 48 business hours and each loan is funded quickly. Loan repayments are also reported to the credit bureaus, which helps your FICO credit score when loan payments are made on time.

Get Started

  1. Apply at Capital Good Fund
  2. Submit your required documentation
  3. Sign your loan agreements
  4. Enjoy a healthier, safer, more efficient home!

What Do I Need to Apply?

You must:

  • Have a bank account
  • Reside in Illinois
  • Have an income
  • Be a homeowner and be current on your mortgage

You will need the following documents after you submit your application:

  • Two months’ bank account statements (3 months’ if you are applying for $2,000 or more)
  • Loan Authorization Form (contact Adam Goldstein at 312-283-5938)
  • Copy of government-issued ID
  • Voided check or prepaid card
  • Additional documents may be requested after you apply

After you apply, contact one of our participating contractors for a quote:

Contractor Contact Name Services Offered
Arcos Environmental Services Air Conditioning, Air Sealing, Boiler Repair, Forced Air, Energy Audits, Insulation, Lead Abatement
Building Energy Experts Air Sealing, Insulation, Energy Audits, Window Repair and Replacement
Energy 360 Solutions Air Sealing, Pipe Insulation, Energy Audits, Insulation, Window Repair and Replacement
Nick and Eddie Construction Air Sealing, Boiler Repair, Forced Air, Energy Audits, Insulation

Work With Us

Apply for a DoubleGreen Loan here. For questions or to talk to our team about the loan, fill out the form below and someone will contact you.

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