5 percent energy efficiency loans available with the EILP
are quite attractive in today's market, and we recently arranged one for Celtic Park Owners, Inc.
Although the literature about the EILP
is vague, the program's directors said commercial building operators are eligible to apply and the employee limitation applies to the applicant and not to the tenants of the building.
Kevin O'Brien, director of the Energy Investment Bureau, said an application for the EILP
must comply with the program components of the loan program as well as the New York State energy conservation construction code, which is a statewide mandatory code for all construction and rehabilitation.