GoGreen Home Financing Program
Summary
SCH Number
2024090526
Public Agency
California Energy Commission
Document Title
GoGreen Home Financing Program
Document Type
NOE - Notice of Exemption
Received
Posted
9/13/2024
Document Description
This project is to make GoGreen Financing accessible to borrowers who own single-family homes in POU and IOU territories. This will enable GoGreen Financing to go statewide in line with California’s energy efficiency, building decarbonization, and greenhouse gas reduction goals, and to support program simplicity and uptake for participating lenders and contractors through improved uniformity of rules across utility jurisdictions. A portion of the funds will be used to credit enhance loans through the Loan Loss Reserve (LLR) and the remaining fund will be disbursed as Interest Rate Buy-Downs (IRBDs). These projects positively impact a wide swath of Californians across the state. Project beneficiaries may include borrowers with low household income, low credit scores and eligible entities in Disadvantaged Communities.
Contact Information
Name
Andrea Hoppe
Agency Name
California Energy Commission
Job Title
Contract & Grant Manager
Contact Types
Lead/Public Agency
Phone
Location
Regions
Statewide
Cross Streets
Varies across State of California
Notice of Exemption
Exempt Status
Categorical Exemption
Type, Section or Code
§15301 – “Existing Facilities”
Reasons for Exemption
Under this agreement, California Alternative Energy and Advanced Transportation Financing Authority administers the GoGreen Financing Program, which facilitates attractive and affordable financing for residential energy upgrades and building decarbonization. California Code Regulations (CCR) Title 14 Section 15301 provides that projects which consist of the operation, repair, maintenance, permitting, leasing, licensing, or minor alterations of existing public or private structures, facilities, mechanical equipment, or topographical features, and which involve negligible or no expansion of use beyond that existing at the time of the public agency’s determination, are categorically exempt from the provisions of CEQA.
The residential energy upgrades and building decarbonization projects funded by this agreement will occur at existing facilities. The proposed projects will not expand the use of either existing facilities or have any alterations of existing public or private structures, facilities, or topographical features. For these reasons, the project will not have a significant effect on the environment and falls under the categorical exemptions listed in California Code Regulations (CCR) Title 14 Section 15301.
The project will not impact an environmental resource of hazardous or critical concern where designated, precisely mapped, and officially adopted pursuant to law by federal, state, or local agencies; does not involve any cumulative impacts of successive projects of the same type in the same place that might be considered significant; does not involve unusual circumstances that might have a significant effect on the environment; will not result in damage to scenic resources within a highway officially designated as a state scenic highway; the project site is not included on any list compiled pursuant to Government Code section 65962.5; and the project will not cause a substantial adverse change in the significance of a historical resource. Therefore, none of the exceptions to categorical exemptions listed in CEQA Guidelines section 15300.2 apply to this project, and this project will not have a significant effect on the environment.
Attachments
Notice of Exemption
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