Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board amends geothermal project financing; moves to Connecticut Green Bank loan at 4.25%
New Haven Board of Alders · April 6, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Facing the loss of federal Greenhouse Gas Reduction Fund financing, the Board of Alders approved an amendment directing the city to use Connecticut Green Bank conventional financing at a 4.25% interest rate for a network geothermal project, with a note that terms could revert if federal funding is restored.
The New Haven Board of Alders on a motion amended a previously approved financing arrangement for a planned network geothermal system, directing the city to use Connecticut Green Bank conventional financing at an interest rate of 4.25% after the federal EPA Greenhouse Gas…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans
