GEFA COVID-19 Update
Due to the COVID-19 virus, GEFA staff are working remotely—with minimal staff in the office—to ensure our programs continue operating smoothly.
Frequently Asked Questions
Find information on some of GEFA's most popular programs and initiatives.
Table of Contents
- Water Resources Division
- Energy Resources Division
Which loan program would be best for me?
GEFA provides a variety of funding options for local governments and their water, wastewater, and solid waste infrastructure improvement projects. See the Water Resources webpage for more program information or contact the Water Resources Division staff for more information.
Can I apply for a loan anytime?
GEFA accepts loan applications year-round on a rolling basis. Once a loan application is submitted, GEFA staff will provide an estimate of when it will reach the GEFA board of directors for review and approval. Click on the links below to review the application process for GEFA’s loan programs:
- Georgia Fund (state)
- Clean Water State Revolving Fund (federal)
- Drinking Water State Revolving Fund (federal)
- Georgia Reservoir Fund (state)
Are grant funds available through GEFA? If not, where can I obtain grant funding?
GEFA does not offer grant funds; however, the federal loan programs may provide a limited amount of principal forgiveness, where a portion of the loan may be forgiven, for qualifying communities. For information on grant fund resources, visit this link: Georgia Funders' Forum.
How long is the approval process for GEFA financing?
The length of time needed to receive financing varies by project. Click here to contact a GEFA staff member for additional information on a specific project.
Can water and wastewater/sewer authorities obtain loans through GEFA?
Yes. GEFA provides loans to water and wastewater/sewer authorities. Authorities must receive a full faith and credit pledge of taxation from a local government with taxing power.
Alternative funding terms for water and wastewater/sewer authority loans will be reviewed at GEFA’s discretion if an authority is denied the full faith and credit pledge of a local government with taxing power.
Can my project receive additional funding for extra work during the project construction?
Yes, GEFA often approves loan increases. The borrower will have to apply for funding above what was initially approved by the GEFA board of directors.
Is there a penalty for paying off a loan early?
Can I refinance my GEFA debt?
GEFA will consider a borrower's request to restructure its existing GEFA loan(s) on a case-by-case basis if the borrower is experiencing a financial hardship.
I want to install an energy efficient appliance/equipment in my home, are there any rebates/incentives?
Financial incentives may be available for the purchase and installation of energy efficient appliances and equipment for homes and buildings. To see what is offered in your area, please visit the Database of State Incentives for Renewables & Efficiency (DSIRE) website.
What financing options are available for energy efficiency work such as retrofits/renewable energy for local governments and nonprofit organizations?
Local governments and nonprofit organizations can self-finance energy efficiency projects or pursue non-traditional financing options, such as Energy Performance Contracting. Additionally, both sectors should contact their local gas and electric utility providers for an overview of additional finance opportunities.
For additional information on other financing options, visit the DSIRE website.
I want to install an energy-efficient appliance/equipment in my home, are there any rebates/incentives?
Visit the DSIRE website for more information.
Does GEFA have any grants available for energy companies that want to establish an office in Georgia or for entrepreneurs that want to create energy companies in Georgia?
GEFA does not have grants or financing for this type of work. These organizations should contact the Georgia Centers of Innovation for more information.
What resources are available for state agencies to save energy?
GEFA staff is available to provide technical assistance to other state agencies. Click here for contact information.
What is an Energy Performance Contract?
Click here for more information on Energy Performance Contracting.
What can the state do to help local governments with performance contracting?
Click here for more information on Energy Performance Contracting. Local governments can conduct procurements using a prequalified list of approved energy services companies created and approved by GEFA. Also, approved legal documents for Requests for Proposals (RFP), Investment Grade Audit Agreements (IGA), and the Guaranteed Energy Savings Performance Contract are available upon request. On a limited basis, the state can provide some technical advice to local governments.
How do companies get on the prequalification list?
GEFA conducted a competitive Request for Qualifications to establish the performance contracting prequalified list. GEFA has the discretion of amending the list at any time. Click here to view the current list.
What is the Weatherization Assistance Program and how can it help me?
Click here to learn more about the Weatherization Assistance Program.
How do I apply for Weatherization Assistance?
Contact the local agency that serves your county to apply for weatherization assistance. Click here to learn which agency serves your area.
How do I get assistance with paying my heating bill?
Click here for more information on energy bill assistance.
I applied for Weatherization over two months ago, but haven’t heard back from the local agency. How long will it take for my home to be weatherized?
Please contact the local agency in your county for information on application status and any possible waiting lists.