2015 Semifinalist
Winners:
Commonwealth of Pennsylvania
2015
Publication:
Innovations in American Government Awards
Jurisdiction:
Pennsylvania

Pennsylvania’s Treasury Department led the development of a national capital market for energy efficiency financing assets through Keystone HELP, its residential lending program, and WHEEL, a warehouse for such assets. WHEEL is the only facility purchasing, aggregating, and securitizing residential energy efficiency improvements loans, providing lenders critical secondary market capital.