WASHINGTON -- Under a measure authored by U.S. Rep. Jay Inslee (D-WA) that was approved unanimously in the United States House of Representatives on April 25, small businesses across the nation could apply for loans to reduce the environmental impact of their operations, according to the American Chronicle.
This year, the Small Business Administration (SBA) will guarantee $7.5 billion in long-term, fixed-rate financing to small businesses to acquire land, structures, machinery and equipment under the Certified Development Company/Section 504 Loan Program. Inslee's amendment would add access to sustainable and low-impact building design to the goals of this program.
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