Solar panels now available for affordable housing developers

Make It Right, the Brad Pitt-led push to rebuild the storm-ravaged Lower Ninth Ward with affordable, energy-efficient housing, has launched a new initiative that aims to help make solar panels more accessible to other nonprofit developers in the city.

“A separate, for-profit entity, called Make It Right Solar, has worked with two local housing development agencies, the New Orleans Neighborhood Development Collaborative and Project Home Again, to provide panels at a fraction of the high upfront costs, which some say has largely kept the technology out of reach for many homeowners…

“Typically, solar is so expensive, and historically it’s been that people only correlate solar with rich folks, just because of the big upfront costs,” Moses said, adding that 21 installation projects have been completed or are under construction. “So the kind of unique thing that we’ve implemented is offering that we pay for the system, we finance the system up front, and through a (financing) structure, we’re able to offer the end-user, which in our case is always a low-income resident, free, clean energy.”

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