Finance Authority Issued its First Columbus Region Energy Loan

The Columbus-Franklin County Finance Authority has closed on its first energy financing project in the Columbus Region Energy Loan Fund program. The Finance Authority has issued $655,000 in financing to Trinity Lutheran Seminary for its lighting and building automation energy improvement project. Trinity Lutheran Seminary, located in Bexley and a 501(c)(3), has been operating for about 100 years.

“Attention to matters of ecological justice, and our call to mitigate the environmental impact humans have on creation, permeates our worship life and all that we do at Trinity. We are proud to receive the first low-interest loan from the Columbus Region Energy Fund, which will allow us to dramatically reduce our carbon footprint. Trinity’s Vision of Excellence calls upon the seminary not only to be excellent in forming leaders who are sent into the world, but to claim excellence in the world God loves.” Rick Barger, President, Trinity Lutheran Seminary

“This is another important step toward an even greener Franklin County,” said Commissioner Marilyn Brown. “The Columbus-Franklin County Finance Authority and Trinity Lutheran Seminary are great partners, and I look forward to working with them in the years to come.”

The Columbus-Franklin County Finance Authority‘s Columbus Region Energy Fund program can provide financing for Central Ohio businesses, non-profits and local governments to fund cost-effective, energy efficiency improvements resulting in lower energy costs. Eligible recipients include commercial, manufacturing, logistic, healthcare, educational, and non-profits. Eligible investments include energy efficiency retrofits to existing buildings; renewable and alternative energy projects and energy distribution technologies. Energy project financing can be as small as $100,000 and as large as $5 million.

The Finance Authority gratefully acknowledges support received from the Franklin County Board of Commissioners and the City of Columbus.