New Haven Community Solar
Regulation Crowdfunding offering on StartEngine
$15,732
of $106,998 goal
14.7% funded
About the offering
New Haven Community Solar will finance a 9.24 kW community solar project located on Button Street in New Haven, Connecticut. The lot on Button Street is the site of this year's annual Jim Vlock First Year Building Project – a partnership between the Yale School of Architecture (YSoA) and Columbus House. Columbus House is a nonprofit organization based in New Haven that serves people who are homeless or at risk of becoming homeless by providing shelter and housing and by fostering their personal growth and independence. Once the power purchase contracts are finalized, this project will provide Columbus House access to low-cost electricity to further their mission. Unique among architecture schools, the Jim Vlock First Year Building Project, which began in 1967, gives Yale students an opportunity to design and build a house in an economically challenged neighborhood in New Haven. The program is mandatory for all first-year graduate students in YSoA, many who arrive at Yale with a special interest in socially responsible design. Once complete, the Button Street House will contain two units, and provide recently homeless people with a brand new home. New Haven Community Solar is a company that exists to finance a solar array on the roof, providing its residents with cheap renewable energy in a state with one of the highest electricity costs. This project aims to improve the livelihoods of the residents and minimize environmental impacts, while allowing investors to benefit.
FAQ
How much has New Haven Community Solar raised?
New Haven Community Solar has raised $15,732 of a $106,998 goal.
Where is New Haven Community Solar's campaign listed?
The offering is listed on StartEngine, an SEC-registered Reg CF intermediary.
What are the terms of New Haven Community Solar's raise?
Common Stock, $114,000 cap, $3.00/share.
When does New Haven Community Solar's offering close?
The stated close date is Nov 15, 2018.
