Solar & Battery Regulation & Incentive Programs
The Washington State Housing Finance Commission (WSHFC) is offering reduced interest rates on loans for qualified buyers of energy efficient homes. Homes must be new construction exceeding Washington state energy standards by 15% or more, or existing homes that have been upgraded to reduce energy use by 10% or more.
To qualify for the program, home buyers must have household income under $145,000 and a credit score of at least 620.
The EnergySpark program works with WSHFC's Home Advantage Loan program, and provides qualified buyers a 0.25% interest rate reduction on their home loan. Interested participants must also attend a homebuyer-seminar sponsored by WSHFC prior to receiving funding. Loans are provided through participating lenders, and those receiving an EnergySpark loan may also qualify for down payment assistance.