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A Resolution Approving and Adopting the Village of Oak Park Sustainability Fund Energy Efficiency Grant Program Guidelines.
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Introduction
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Approving and adopting the Village of Oak Park sustainability fund energy efficiency grant program guidelines.
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Recommended Action
Adopt the Resolution approving the Village of Oak Park's sustainability fund energy efficiency grant program guidelines.
Prior Board Action
* On December 3, 2024, the Village Board passed the Fiscal Year 2025 budget which included a transfer of $500,000 from the General Fund to the Sustainability Fund to increase the amount allocated to the Energy Efficiency Grant program to $750,000.
* On September 16, 2024, the Board approved guidelines for an Energy Efficiency Grant program funded by the Community Development Block Grant (CDBG) program.
* $220,000 was allocated to the Fiscal Year 2024 budget for an Energy Efficiency Grant program.
Background
The Village Board Goals include the Sustainability & Resiliency Goal to Advance Village policies and programs to support the transition of the Village's and the community's natural gas equipment to electric equipment, improve building energy efficiency, and increase onsite renewable energy installations. The Energy Efficiency Grant Program aligns with this Board's priority and the CROP plan's commitment to reduce greenhouse gas emissions by 60% by 2030 and CROP plan actions AE03, EN02, and EN03.
Timing Considerations
The funding for the Energy Efficiency Grant program is allocated for the 2025 fiscal year. Approving the grant guidelines will allow the grant program to start.
Budget Impact
The Energy Efficiency Grant program will utilize $750,000 from the Sustainability Fund.
GL#: 2310.41020.101.570668.0000
Staffing Impact
The Energy Efficiency Grant program is administered by existing staff in the Neighborhood Services Department. Program marketing and metric tracking will be done with staff in t...
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