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REBUILDING AND EMPOWERING

UNDERSERVED COMMUNITIES

SOLAR AND ENERGY LOAN FUND

2400 Rhode Island Avenue

Fort Pierce, Florida 34950

www.solarenergyloanfund.org

T. (772) 468 1818 Facebook: Slc SELF

June, 2015

Florinda Anderson- Energy Efficiency Loan

Everlean Jackson –

Wind Hazard Mitigation Loan

FY 2015

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SELF WON THE “JEWELS OF THE TREASURE

COAST AWARD” FOR “EXCEPTIONAL NON-PROFIT IN INNOVATION” PRESENTED BY 211HELPLINE’S ANNUAL NON-

PROFIT AWARD, IN 2015.

RECORD BREAKING YEAR FOR LOANS!

SELF closed 132 loans for just shy of $1 Million by the 3rd Quarter its 2014-2015 Fiscal year, breaking an all-time record in loans closed in previous years.

SELF raised over $1 Million in Loan Capital during this Fiscal Year.

SELF received the 7th Socially Responsible Investment (SRI) from the “Sisters of the Holy Names of Jesus and Mary” for $250,000 to help more underserved populations improve their homes.

SELF was approved for its first “Impact Investment” of $300,000 from “Monarch Community Fund, LLC” by recommendation of Calvert Foundation.

Since going statewide, SELF has closed loans in more than 33 jurisdictions.

In only a few months, SELF

successfully crowd-funded 27

loans for a total of $158,000,

from micro investors from

around the world, through partnership with KIVA.org.

Photo: Staff participates in a global campaign to bring awareness to the power of Micro Finance by describing in few

words what microfinance can be. Michelle, Jackie and Melanie used: “INSPIRING, ACCESSIBLE, CREATING CONFIDENCE

SELF NEWS FLASH

Sheryl Grifeth

SELF ACHIEVEMENTS

SELF has deployed over $3.4 Million dollars in loans for sustainable home improvements, benefitting over 427 homeowners and 1,200 people.

SELF financed over 1,500 retrofits and helped create over 13,000 job hours through its network of affiliated contractors, which is the hardest hit job sector in Florida.

66% of SELF loans are for Low and Moderate Income Populations and 41% of our beneficiaries are women heads of households

SELF increased its funding sources from 1 to 14 since 2012, raising a total of $7.1 million dollars in loan capital and grants.

SELF has secured investments from Socially Responsible Investors (e.g. faith based organizations), Impact Investors, Banks and one global crowdfunding platform.

SELF is the only CDFI in America that administers a commercial PACE (Property- Assessed Clean Energy) program to help small businesses green up their properties.

SELF’s “Veterans Helping Veterans” program is raising capital globally through KIVA.org to help Veterans to improve their homes, and to help put other veterans back to work by contracting them to do the installations

SELF WON THE “MOST OUTSTANDING GREEN BUSINESS OF THE

YEAR” AWARD FROM THE SOUTH FLORIDA CHAPTER OF THE US

GREEN BUILDING COUNCIL (USGBC), IN 2013.

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SELF’s mission is to provide

energy expertise and favorable

financing to underserved

residents, small businesses and

communities in order to yield

sustainable community

development, local employment

and economic development

opportunities, enhanced quality

of life, greater efficiencies, clean

energy alternatives, and energy

independence.

Solar and Energy Loan Fund (SELF) SELF is a non-profit, Community Development Financial Institution (CDFI) focused on rebuilding and empowering underserved communities in Florida via micro-financing for sustainable property improvements (residential and commercial). SELF provides sustainable building science expertise; (2) favorable financing; and, (3) project management from start to finish to enable low-to-moderate income residential and commercial property owners to identify and make cost- effective energy, wind resistance and water conservation upgrades to their homes and

businesses. SELF began operations in 2011 after being selected as one of twenty programs in America to receive seed funds through the Energy Efficiency and Conservation Block Grant (EECBG) program, from the United States Department of Energy (DOE).

Currently SELF is a statewide program headquartered in St. Lucie County, Florida, with one branch office in the City of Orlando. Its target markets are underserved communities in the Treasure Coast, Central and West Florida. SELF produces triple bottom line impacts by helping low and moderate income communities and underserved women and veterans, make much needed property improvements help lower operating costs; enhance comfort and livability, improve air quality and health benefits, bolster hurricane-resistance, and increase market value. The sustainable types of improvements financed by SELF contribute to the revitalization of residential and commercial neighborhoods, while spurring economic activity through the employment of local contractors to complete the projects.

The Problem - Economic Distress SELF was founded in July 2010 to address the related problems of working class people struggling economically to make ends meet, the steadily-rising cost of utilities, the need for greater energy independence, missed economic development and employment opportunities, and the lack of access to capital and clean energy. Florida was significantly affected by the recession and housing market collapse and continues to struggle economically with housing down, tourism reduced and the citrus industry in decline. In 2012, the foreclosure rate in Florida was amongst the highest in the nation, and unemployment in SELF’s primary markets was above national averages. Low and moderate income people have yet to benefit from the emerging clean energy economy and typically do not have the disposable income or equity to afford the high upfront costs of energy retrofits and renewable energy alternatives.

Energy Costs Floridians spend about $58 billion per year purchasing carbon-based fuels from other states and nations and electricity costs have been steadily increasing by an average of 4% per year. Although it is known as the Sunshine State, Florida lags behind the nation in solar power production (below 3%).

REBUILDING AND EMPOWERING

UNDERSERVED COMMUNITIES

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Economic Impact

Average Annual $ savings in Energy Bills from

Renewable and Energy Efficiency Technologies

Average % savings (kWH) per household

# of Hours Employed in Projects

Total

$270

22%

13,628

SELF clients have collectively:

REDUCED energy consumption by more than one

million kilowatt hours, which is an average of 22%

per household.

REDUCED carbon (Co2)

emissions by 986.6 Metric Tons,

equivalent to saving 111,019 gallons

of gas.

GENERATED 13,308 labor

Hours for local contractors.

Contractors have

increased their overall

business by as much as

20-30% through our

partnership.

REACHED more than 32,000 people through

workshops, local meetings and educational events

on energy efficiency and clean energy.

TRIPLE BOTTOM LINE IMPACTS

110 Affiliated, Trusted Contractors

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PRODUCTS AND SERVICES

SELF’S Value Proposition

1. Affordable interest rates 2. Mission Driven 3. Local market knowledge 4. Personal, hands-on care

and project management.

SELF’s residential lending program provides a full range of financial and non-financial services, including: education and training through workshops, public events; speaking engagements; local conferences; seminars; and social media outlets. Our financial products target 2 markets:

1) Residential Homeowners. 2) Commercial, Industrial, Agricultural and Non-Profit Property Owners.

The Residential program helps home owners access affordable, unsecured loans for home improvements that help save energy, enhance wind resistance and water conservation, and improve safety and quality of life in the home.

The Commercial Financing program: Property- Assessed Clean Energy (PACE), is an alternative financing program that is available to help Commercial, Industrial, Agricultural and Non-Profit property owners in St. Lucie County, make improvements to buildings and facilities, including: energy efficiency, renewable energy, wind hazard mitigation and water conservation. PACE financing is secured by equity in the subject property and the voluntary assessment is paid back over time on the property tax bill.

Process: SELF conducts an energy audit for most projects, to determine the potential savings derived from recommended improvements. SELF’s clean energy experts then assist the property owners in reviewing the audit and identifying the most cost-effective types of improvements.

SELF provides financing for dozens of different types of proven technologies including but not limited to:

Energy efficiency products for residential homes and businesses: weatherization, LED lights, high-efficiency air conditioners.

Solar: solar water heaters, attic fans, photovoltaic (PV) systems. Wind hazard mitigation products: roofs, high impact windows,

doors and shutters. Water Conservation: pool and other water pumps.

Markets

SELF is able to provide services statewide, however its primary focus is on the underserved markets in the Treasure Coast, Central Florida and West Coast geographic area.

SELF is headquartered in St. Lucie County and, as of January 2015, opened its first branch office in Orlando. The next phase of expansion will be primary focused on the Tampa Bay Region.

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RESULTS

All Elements Inc.-Central Florida Energy Auditor for SELF

and approved Energy Efficiency Contractor

SELF participates at

local community events

to create awareness

and educate the

community on

sustainable home

improvements and

available financing

options.

66% of SELF clients are in Low and Moderate Income Census Tracts.

81%

8%

2%

9%11%

Loan Types

Energy Efficiency Retrofits

Wind Hazard Mitigation

Solar Energy Retrofits (Solar PV)

Solar Water Heaters

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OUR IMPACT STORIES

EMPOWERING WOMEN

Ernestine Foster

Jose Gildore

Ayleen Moore

IMPACTING HEALTH

“I have Multiple Sclerosis and extreme heat can impact my health negatively. I am a single mother, middle class professional, with no family to assist me financially. SELF assisted me in preserving my health by giving me the opportunity to cool my home”. -Ayleen Moore.

VETERANS HELPING VETERANS

Mr. Jose Gildore is a U.S. Veteran having served 24 years in the U.S. Army. He is currently retired and raising his grandchildren. “You guys were so helpful, this is amazing! What a difference this will make in my life. I am so thankful for what SELF has done for me! -Jose Gildore

Wow! I can't believe it we actually met the (funding) goal in 2 week with KIVA- That is so amazing!!! God is so good! My heart is so overwhelmed. I'm just lost for words right now I can't even express myself. Tears of joy in my eyes! The smile upon my face, if you could just see it's like sunshine! I just want to thank the people from all over the world including you Jeff (SELF Program Manager)and Robbie, you all have been truly, an inspiration my life. May God continue to bless each and everyone of you and His light shine upon your all. God Bless!

-Ms. Ernestine Foster

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$ 3,939,215

C PACE CAPITAL $ 1,000,000

$ 2,176,785

$ 7,116,000 TOTAL FUNDS RAISED (2011-2015)

Total CDFI (Residential) Loan Capital

Total Operating Grants and Contributions

CAPITAL RESOURCES

SELF’s triple impact model focuses on benefiting clients, the community, and the environment, while

simultaneously scaling the program to achieve maximum financial self-sufficiency for the organization.

The organization has raised a total of over $7.1 million to date between grants and loan capital and we

are currently advancing towards our

goal to close $10 million in loans by

2018. SELF continues to experience

strong market demand that requires

additional capital, which we are

seeking from impact and socially

responsible Investors, faith based

organizations, banks and foundations as

well as crowdfunding and local and

federal government programs.

TOTAL CAPITAL AND GRANTS RAISED TO DATE:

As a public benefit entity, SELF is led by a board of directors composed of local industry leaders, bankers, educators,

and professionals.