Success Stories

Albuquerque Energy Efficiency  Upgrades

Via, Candelaria Gardens, and Tucson Apartments


$556,000 Bridge Financing

Three projects in Albuquerque, NM needed energy efficiency upgrades but were unable to proceed due to lack of funds.  They required Bridge (Construction) financing to cover the costs until utility rebates and other incentives were made available after completion of the project.  TBL Fund was able to provide a Bridge Loan to help cover the construction costs, allowing for completion of the energy efficiency upgrades on schedule.


  • Three properties in the Albuquerque, NM area required Energy Efficiency upgrades including: Attic Insulation, LED lighting, Low Flow Device Installation, Hot Water Pipe Insulation, Air Sealing & Weatherstripping, Furnace Replacement and Duct Sealing, Smart Thermostats installation, etc.
  • Properties required Bridge financing to cover subcontractor expenses to complete the projects.


  • TBL Fund provided Bridge Loans to cover these construction expenses until utility rebates and other incentives were available after completion of project.
  • $556,000 Bridge Loan provided.


  • 632 residents served
  • 109,180 annual kwh saved
  • $19,733 annual utility cost savings
  • 25,774 annual thermal savings
  • 734 gallons annual water savings
  • 200,891 carbon savings