EST has been updated to reflect the new incentive and interest rate structures put in place on September 1, 2016. You now have the option to choose the Market Rate incentive and the AHP incentive will reflect the new $4000 cap. You'll also be able to adjust the interest rate in accordance with the customers' pre-approval letter from EFS.
If your customer has a prior EFS approval for a $5000 AHP cap that has not expired yet, please include either a copy of the pre-approval or add a note into the portal so that it may be adjusted. The Project Incentives & Financing Eligibility Summary Report available in the Portal after approval will be manually adjusted and corrected.
An updated version of the Excel ProForma tool is available, if contractors would like to pre-screen whether the loan will pass.
Resources for additional information: