San Diego-based First Associates Loan Servicing was selected by Green Grants to service its Louisiana-based residential solar power lease portfolio.
Green Grants helps Louisiana homeowners benefit from federal and state tax credits that are designed to lower the costs of going green by 80%. Historically, Louisiana homeowners were required to bear the up-front cost of solar projects and claim these credits at the end of the year against any tax liability. Green Grants' leasing program covers the up-front cost and provides homeowners with the power of solar.
‘The partnership is a great one for us because our companies have similar approaches to customer service,’ says David Johnson, CEO of First Associates Loan Servicing. ‘We're in the business of helping people achieve their solar power ambitions, and work toward a more economic and environmentally friendly future.’