Skip to main content
Add as a preferred source on Google

Clean Energy Bond Resources Available Online

  • 06/25/14

WASHINGTON, DC — A number of nonprofit campuses are using clean energy bonds as a method to provide deep energy efficiency or renewable energy installations, as well as reducing deferred maintenance. An informational brief from the Council of Development Finance Agencies explains the purpose of the bonds, terms of use and how bonds can be implemented. 

Bonds are often used in development of projects for the public good, but recently these bonds have been pooled together for multiple purposes: to improve energy efficiency, update water infrastructure, create renewable energy options and update/modernize campus buildings. For eligible nonprofits, this funding source is being used for multiple campus improvement projects.

In addition to the brief, presentation slides from a free webinar also are available to download. The presentation highlights three higher education institutions that have undergone multiple capital projects to improve energy and deferred maintenance, along with addressing the changing needs of the campus. They include:

  • Illinois College (Jacksonville, IL) used Lease Revenue Bonds for its Parker Science Building and Garner Residence Hall. The college had existing $12.97 million in current bonds and took an additional $3.9 million to: upgrade mechanical/electrical systems for a residence hall built in 1954; upgrade chilled water piping in a science building; consolidate utility meters; and install energy efficient lighting and building automation systems campus-wide.
  • Elmhurst College (Elmhurst, IL) is using $25 million for Leadership in Energy and Environment Designed-gold 170-room student housing and “green” surface parking lot featuring permeable paving and national landscaping along with general campus-wide renovations and improvements to increase energy efficiency.
  • Loyola University (Chicago) utilized $92 million to finance significant construction of three student housing projects and campus-wide renovation to improve energy efficiency.

Featured

  • Can AI Help Build Stronger Communities in Student Housing?

    Student housing success is shifting from operational performance to student experience, with belonging now at the center. A recent 2025 report underscores a growing emphasis on student well-being, community, and engagement, signaling that expectations now extend beyond logistics to ensure students feel supported in their living environments. AI is enabling that shift by reducing administrative workload and giving teams more time to focus on meaningful student engagement.

  • Philadelphia Middle School Facility Earns LEED Gold Certification

    The Alternative Middle Years (AMY) at James Martin Middle School in Philadelphia, Penn., recently received a LEED Gold certification from the U.S. Green Building Council, according to a news release. The School District of Pennsylvania partnered with KSS Architects on the project.

  • Tennessee Middle School Completes Health, Life Safety Renovations

    The Giles County Board of Education in Pulaski, Tenn., recently announced that a series of renovation projects has been completed at Bridgeforth Middle School, according to a news release. The district partnered with Wold Architects & Engineers and Brindley Construction to modernize building systems at one of the district’s oldest schools.

  • Virginia Tech Tops Out New College of Engineering Building

    Virginia Tech in Blacksburg, Va., recently celebrated the topping out of Mitchell Hall, which will soon stand as the largest College of Engineering building on campus, according to a news release. The university partnered with Skanska on the 285,500-square-foot facility, which has an expected completion date of winter 2028.