Unique_Entity_ID_(SAM).pdf

This is a Unique Entity Identifier (UEI) submission form from the City of Pasadena, California, specifically for use in response to the Low-Interest Solar and Energy Storage Loan Program proposal opportunity. The form requires contractors and proposing entities to provide their SAM.gov-registered UEI, a 12-character alphanumeric identifier, along with standard business information including contractor name, complete business address, contact name, and telephone number. Submission of this completed form is mandatory with all proposal responses; failure to provide a valid UEI will result in the response being deemed non-responsive and ineligible for consideration.

The Low-Interest Solar and Energy Storage Loan Program, administered through Pasadena Water and Power (PWP), seeks qualified local banks and credit unions to partner in providing financing to low-income PWP residential electric customers enrolled in utility assistance programs. PWP has allocated $3,000,000 in Public Benefit Funds for loan buydowns over a three-year initial period, with a target participation goal of funding 175 customer loans. The program structure requires the selected financial institution to offer loans at a target interest rate between 0% to 3% APR, with PWP subsidizing the difference between this rate and the institution's standard lending rate. Proposing entities are also encouraged to present optional offerings for similar loan products to PWP's regular, non-low-income residential customer base.