Energy Improvements for a 1913 Home

  • 2.97 Metric tons of greenhouse gases averted
  • $2,000 incentives and rebates leveraged
  • $276,000 Locally-owned real estate improved

Craft3 provided Shadia with a Home Energy Loan to seal the basement and attic, insulate the walls and install a new water heater and two heat pumps. Her Craft3 loan is repaid through her regular utility bill.

Shadia knew that buying a 1913 Portland home would mean taking on a laundry list of home improvements. After experiencing the first winter in her house, Shadia realized she needed to do something to keep energy bills down and comfort level up.

She learned about Craft3 from a friend. Shadia found the application process fast and simple. Her contractor provided her with a menu of improvements and helped her select the right ones for her home. The upgrades Shadia chose gave her an estimated total of 30 percent energy savings.

Craft3 provided Shadia with a Home Energy Loan to seal the basement and attic, insulate the walls and install a new water heater and two heat pumps. After applying rebates and incentives of $2,000, Shadia’s project totaled $14,800. Her Craft3 loan is repaid through her regular utility bill. That’s one fewer monthly bill for Shadia to worry about.

Shadia used Craft3 financing to create positive impacts in her home. She leveraged $2,000 in rebates for her project and strengthened local ownership of real estate. Shadia also averted greenhouse gases and conserved BTUs of energy. Our investment in Shadia strengthens economic, ecological and family resilience by supporting economic growth, preserving assets, reducing impact on climate and minimizing impacts of communities on nature.