Last Updated July 3, 2025
Program Overview
Category:
Financial Incentive
State:
Arkansas
Incentive Type:
Loan Program
Administrator:
Department of Transformation & Shared Services, Division of Building Authority
Start Date:
01/08/2010
Expiration Date:
N/A
Applicable Sectors:
State Government
Eligible Renewable/Other Technologies:
Water Heaters, Lighting, Furnaces, Air conditioners, Heat recovery, Steam-system upgrades, Energy Mgmt. Systems/Building Controls, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Motor VFDs, Comprehensive Measures/Whole Building, Custom/Others pending approval
Summary
The ABA Revolving Loan Fund is an interest free loan program that provides a funding mechanism for state agencies, boards, commissions, and institutions of higher learning who own their own facilities whose renovations exceed $250,000. The ABA Revolving Loan Fund is funded by a grant from the American Recovery and Reinvestment Act of 2009 and contributions from the State of Arkansas (Governor’s General Improvement Funds). Funds are available on a continuing basis.
Recommended projects include:
- Building exterior weatherization, air sealing, or thermal efficiency
- Increase or improvement in building insulation
- Door, wind, or skylight replacement
- Lighting technology upgrades, or reduction of the number of fixtures
- Heating, ventilation, heat recovery, steam system and air conditioning replacements
- Improvements to energy control systems/sensors
- VFD motors and other energy efficiency projects
- Renewable energy and geothermal projects
Further information is available from the Arkansas Building Authority's procedures, application and agreement requirements for the fund.
* A revolving loan program is one in which the loan repayments are added back into the fund. In this way, the loan program, in theory, may continue indefinitely.