CDFIs Craft3 & Self-Help Complete Trailblazing “On-bill” Energy-Efficiency Loan Sale
Unique Secondary Market Sale Provides Craft3 Liquidity to Expand ProgramCraft3 and Self-Help today announced details of an unprecedented multi-million dollar loan portfolio sale that will fuel more energy-efficient loans in Oregon. The sale of Craft3’s $15.7 million Home Energy-Efficiency Loan portfolio to North Carolina’s Self-Help Credit Union represents a new model for attracting capital to energy-efficiency lending. The loan sale is supporting loans for upgrades such as installation of high-efficiency furnaces, water heaters and insulation. Since 2009, Craft3 has partnered with Clean