FOR IMMEDIATE RELEASE<\/p>\n
Contact:\u00a0Tim Zink<\/a>\u00a0| 443-758-7344<\/p>\n Proven program delivers emissions cuts, energy efficiency boosts through low-interest loans throughout the state<\/span><\/i><\/p>\n BALTIMORE \u2013 The Maryland Energy Administration today announced the Fiscal Year 2025 (FY25) launch of the <\/span>Jane E. Lawton Conservation Loan Program<\/span><\/a>, which provides low-interest loans to Maryland businesses, local governments and state agencies for projects that promote energy efficiency, clean energy use and emissions reductions.<\/span><\/p>\n The Lawton Loan Program improves access to affordable capital and spurs energy efficiency and conservation projects in the built environment. It provides below-market rates to Maryland nonprofits and eligible businesses, and at zero financing cost to local governments and state agencies and departments.\u00a0\u00a0<\/span><\/p>\n \u201cLawton loans provide a dependable and versatile source of conservation funding for the state of Maryland. These loans have helped businesses and governments of a wide variety of types cut operating costs through capital investments, while reducing energy use and emissions along the way,\u201d <\/span>said Maryland Energy Administration Director Paul G. Pinsky.<\/b> \u201cThe program also looks to award funds to projects that provide multiple types of benefits at the same time, so it is flexible and inspires creative approaches to conservation.\u201d\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n The Lawton Loan Program will provide approximately $3 million in FY25 funding. This figure may be adjusted based on demand. The FY25 Lawton Loan Program is a first-come, first-serve loan program for qualifying borrowers subject to funding availability. Through the end of calendar year 2024, $2 million is reserved for Maryland\u2019s state agencies.<\/span><\/p>\n For additional information, please contact Energy Program Manager Jose Matos,\u00a0<\/span>(443) 826-0530 or <\/span>jose.matos1@maryland.gov<\/span>.\u00a0<\/span><\/p>\n The Maryland Energy Administration (MEA) promotes clean, affordable, reliable energy and energy-related greenhouse gas emission reductions to benefit Marylanders in a just and equitable manner. For more information about the agency and its programs, visit our website at <\/span><\/i>Energy.Maryland.gov<\/span><\/i><\/a>, and follow us on social media: <\/span><\/i>LinkedIn<\/span><\/i><\/a> | <\/span><\/i>X<\/span><\/i><\/a> | <\/span><\/i>Facebook<\/span><\/i><\/a>.\u00a0<\/span><\/i><\/p>\n -###-<\/p>\n","protected":false},"excerpt":{"rendered":" FOR IMMEDIATE RELEASE Contact:\u00a0Tim Zink\u00a0| 443-758-7344 Proven program delivers emissions cuts, energy efficiency boosts through low-interest loans throughout the state BALTIMORE \u2013 The Maryland Energy Administration today announced the Fiscal Year 2025 (FY25) launch of the Jane E. Lawton Conservation Loan Program, which provides low-interest loans to Maryland businesses, local …Learn more<\/a><\/p>\n","protected":false},"author":214,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[25,10,4],"tags":[],"class_list":["post-6271","post","type-post","status-publish","format-standard","hentry","category-main","category-news","category-press-releases"],"acf":[],"_links":{"self":[{"href":"https:\/\/news.maryland.gov\/mea\/wp-json\/wp\/v2\/posts\/6271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.maryland.gov\/mea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.maryland.gov\/mea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.maryland.gov\/mea\/wp-json\/wp\/v2\/users\/214"}],"replies":[{"embeddable":true,"href":"https:\/\/news.maryland.gov\/mea\/wp-json\/wp\/v2\/comments?post=6271"}],"version-history":[{"count":1,"href":"https:\/\/news.maryland.gov\/mea\/wp-json\/wp\/v2\/posts\/6271\/revisions"}],"predecessor-version":[{"id":6272,"href":"https:\/\/news.maryland.gov\/mea\/wp-json\/wp\/v2\/posts\/6271\/revisions\/6272"}],"wp:attachment":[{"href":"https:\/\/news.maryland.gov\/mea\/wp-json\/wp\/v2\/media?parent=6271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.maryland.gov\/mea\/wp-json\/wp\/v2\/categories?post=6271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.maryland.gov\/mea\/wp-json\/wp\/v2\/tags?post=6271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}