Call for $1M in New Revolving Loan Fund Projects

F&S is now accepting Revolving Loan Fund (RLF) applications for utility conservation projects conceived by academic, auxiliary, and administrative units. With initial funding support from the Student Sustainability Committee, the Office of the Chancellor, and the President’s Office, the RLF was created in 2011 as a source for transformative sustainability efforts that also refinance the fund through utility savings repaid within 10 years.

Since its inception, the fund has supported more than $10M in loans for energy-efficiency projects and, in 2026, will provide $1M for colleges, departments, and institutes to modernize their spaces through the following types of work:

• LED upgrades
• Occupancy sensor installations
• HVAC enhancements
• Chilled water and steam mechanical system improvements
• Direct digital control transitions
• Building envelope repairs
• Other modernizations

How to Apply

To propose similar projects or other concepts, download the application form on the RLF web page. The file includes step-by-step instructions and explanations. Project selection will be based on payback period, greenhouse gas reduction, impact on fund size, project coordination, and visibility within the building. The deadline for submitting projects is Friday, March 6. The RLF Committee will begin evaluating proposals later that month, with selection notifications expected in April. 

Contact Paul Foote, 217-244-1048, for questions or help with the application process.