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Grant Resource Center - September 2014

Links to Grant Resources l Grant News & Information l Federal Resources l State Resources l Corporate Giving Programs l Private Foundations & Universities l Subscribe to Weekly Grant Emails l Grant Seekers Toolkit l Topic Suggestions for Featured Articles

League Webinar Announcement

“How to Find Grants That Meet your Municipalities Needs Webinar”  
October 16, 2014, 11:00am -12:00pm
Location: Your Computer

The first step to successfully using grants to meet your municipality’s needs is to find the right grant. But navigating the web for the right grant is challenging and cumbersome at best. In this webinar, Tammy Wetzel from Triad Associates will explain how to operate and navigate various grant search engines to help you find the right source of funding for your municipalities needs.

Click here to view the agenda and/or registration form

Featured Grants

Federal
FY 2015 New Entrant Grant Program Notice of Funding Availability (9/30)

National Drug Abuse Treatment Clincal Trials (12/3)

Foundation
Wells Fargo Regional Foundation
Planning (9/5)
Implementation (10/24)

U.S. Soccer Foundation
Letter of Intent (9/24)
Application (10/1)

Featured Article
What Municipalities Should be Doing to Encourage More Energy Efficient Businesses and Households
Triad Associates

Recently a new financing model was developed for commercial, industrial and nonprofit building owners to finance major energy retrofits and renewable energy projects. By simply establishing the Property Assessed Clean Energy of “PACE” program, any municipality in New Jersey has the ability to retain and attract businesses interested in major capital improvements without the expense. The statewide nonprofit NJPACE was recently created to provide assistance to communities, property owners and contractors in implementing their own PACE program.

PACE financing is a funding mechanism that attaches the costs of renewable energy capital improvements to a special assessment to the property. Following policy adoption on the municipal level, personal liability to the property owner is eliminated as upgrade expenses are added to the property tax assessment. The debt is then repaid over the life of the installed equipment (anywhere from 5 to 20 years) and stays with the property even if owners change.

The State of New Jersey passed legislation enabling municipalities with the statutory powers to establish PACE programs in 2012. After adoption of a PACE program, communities can leverage this mechanism as an economic development tool for creating local jobs and investments to green infrastructure. This special assessment provides lenders and investors with a better security as the whole property becomes collateral, not just the installed energy equipment. Also, this program allows energy efficiency and renewable energy improvements to be financed at more affordable rates.

In addition to allowing communities to further decrease energy use and pollution, NJPACE can also leverage revitalization initiatives such as upgrades to retail stores, multiuse and rental properties (over 6 units), as well as religious institutions and other nonprofit buildings. Types of upgrades may include water services such as solar thermal water heating, HVAC heating, in addition to cogeneration, fuel cell and renewable energy sources. Building upgrades include roofing, windows, pumps, interior and exterior lighting, kitchen equipment, ventilations, boilers, furnaces and more.

According to NJPACE, “PACE saves the owner money on energy costs; it creates jobs through contractors who get more contracts; and investors get steady, secure returns. In this sense it is a win-win-win, with no downsides.  It aligns the incentives with the desired outcomes and removes the barriers to having businesses, individuals and communities ‘do the right thing’.

Grant Advisory Service
NJLM offers a free grant advisory service to its membership. This service includes general grant guidance, and is provided by Triad Associates. Contact Taran Samhammer, Bureau of Municipal Information, at tsamhammer@njslom.org or (609) 695-3481 extension 124 for more information.


*The links provided throughout the Grant Resource Center include paid and non-paid grant related services.  These links are provided for your researching convenience only; the New Jersey League of Municipalities does not endorse any of these services.  Please proceed with caution when purchasing any service.

If you find that a link is outdated, or if you have new information regarding grants that you feel might be beneficial to those who utilize our page, please notify Taran Samhammer at tsamhammer@njslom.org.

 

 

 

 

 

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