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Homewise Blog

Solar Opportunity Loan Fund created

Solar Opportunity Loan Fund created

Today solar energy is becoming more accessible to low and moderate income households in Santa Fe thanks to two local environmentalists turned investors. Richard Khanlian and Ann Alexander have set out to make solar available to everyone. Once they had an idea in place and the funds to support it, the couple began looking for a partner to facilitate the program. They chose to work with Homewise to create the SOL (Solar Opportunity Loan) fund to provide long-term fixed rate loans for solar installations to low and moderate income households. “We want to make a meaningful statement with the SOL fund and provide clean energy options for everyone,” says Khanlian.

Room for the Whole Family

Room for the Whole Family

Rafael and Maria first tried to buy a home nearly 10 years ago. They’d been pre-approved by a bank for a mortgage loan, but then the recession hit. Rafael was working in construction at the time and his once-steady income dropped quickly and dramatically.