Pooled Loan Program
Funding Amount
Up to 100% financing of project costs based on overall debt capacity of the borrower
Deadline
Deadline not published
Grant Type
State
Deadline history & next window
- Cycle
- Twice a year
- Next expected
- February 28, 2027
- Tracked since
- April 2026
Deadlines each year: February 28 · July 31
From the program guidelines: “Applications generally are due two months prior to the loan closing dates of ~February 28 and July 31 annually.”
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Geography
- Vermont
Overview
Finances long-term capital projects undertaken by municipalities, school districts, and other districts. Common uses include facility renovation and construction, road and highway improvements, sidewalks and streetscapes, energy efficiency upgrades, equipment purchases, water, sewer, and stormwater, and refinancing FEMA or USDA debt.
Details
- Funding Type: Loan
- Funding Range: Up to 100% financing of project costs based on overall debt capacity of the borrower
- Match Required: None required
Notes
Loans are primarily funded through the issuance of highly rated tax-exempt bonds by the Bond Bank. Requires evidence of voter approval and authority and a legal opinion from local bond counsel. List of approved legal counsels in available on the program webpage. Green energy and energy efficiency lending program anticipated to be available by late 2023. Solar installations, storage, and related expenses will likely be eligible.
How to Apply
Deadline: Rolling; Loans are made in the winter and summer following the receipt of an application and approval by the Bond Bank’s Board. Applications generally are due two months prior to the loan closing dates of ~February 28 and July 31 annually.
Apply Via: Online form
Apply here: https://www.vtbondbank.org/pooled-loan-program
Focus Areas & Funding Uses
Fields of Work
- Energy efficiency
- Solar
Project Locations
- VT
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