State Financing Resources

State Financing Energy Resources

Loan Loss Reserve (LLR)

  • Final DOE LLR Guidance
    The provisions of this guidance apply to recipients of SEP funds, pursuant to Formula Grant or the American Recovery and Reinvestment Act of 2009 (Recovery Act)
  • Loan Loss Reserve (LLR) Model Agreement
    This document serves as a model agreement between a state or local government entity and a financial institution that is the basis for establishing a LLR.
  • NY Sample LLR Obligation letter to DOE
    This letter is to seek official designation of $3,980,000 of the above mentioned grant as obligated and to authorize NYSERDA to use such funds to create a loan loss and debt service reserve to support loans to property owners for energy efficiency retrofits issued under the Green Jobs-Green New York program.

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