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Triple Bottom Line Fund

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Challenge Commitment

$25

Million

BACKGROUND

Triple Bottom Line (TBL) Fund is a spin-off of the StEPP Foundation that has a 12 year history of funding environmental projects. TBL Fund is focused on providing debt financing and grants to eligible affordable housing multifamily properties and nonprofit community facilities.

Markets Served

TBL Fund specializes in serving:

  • Small properties
  • Rural and non-urban properties
  • Green rehabilitation
  • Projects that require subordinated or non-collateralized debt, or off-balance sheet financing

Products and services

TBL Fund is committing to providing access to at least $25 million of debt financing for energy efficiency upgrades to all eligible affordable housing multifamily properties. TBL Fund currently serves clients with properties in the Rocky Mountain region but plans to expand its service territory. Through its strategic partnership with ResourceSmart.org, it provides a unique one-stop-shop green rehab service.

To Learn More, Contact

Ravi Malhotra
TBL Fund
303-704-4052
ravim@tblfund.org

Markets Served by TBL Fund

Building Types

  • Multifamily
  • Non-profit community facilities

Occupancy Type

  • Leased only

Types of Upgrades

  • Rehab and remodel: Energy Efficiency, Water, Indoor Air Quality

Financing Structures

  • Debt financing
  • Flexible lien position
  • Off balance-sheet financing available