City of Lauderhill Interest-Free Energy Saving Appliance Loans

The City of Lauderhill and the State of Florida are both launching financial assistance programs this month to purchase appliances that consume less energy. Lauderhill's program, funded by a Federal Energy Block Grant to the city, provides interest free loans to city residents to purchase Energy Star washers, dishwashers, refrigerators, freezers, solar water heaters, tankless water heaters, and air conditioners with a 16 SEER rating or higher. The loans can only be used in the residents primary home. City employees owning their primary residence in Lauderhill can apply.

Loans will be secured to the appliances purchased, and linked to the borrowers checking or savings account to provide for automatic monthly payments to the city. Payments will be for 12 or 24 months, with the minimum loan of $400 and the maximum loan of $2000. All appliances, except water heaters, are encouraged to be purchased at SEARS in Lauderhill on Commercial Blvd., which has worked with the city to coordinate the loan process.

Application for the loans began on April 5, and will continue until all funds are expended, first come first serve for qualified borrowers. Thereafter, when funds are repaid, additional loans can be made. Applications are available by clicking here.

Total loan funds for this program are $70,000. There is a $25 upfront application fee payable to the City of Lauderhill by money order or bank check (no personal checks or cash), and a credit check will be required.