The Warehouse
Chris Corson of Ecocor had a problem. He had dozens of disassembled structural insulated panels (SIPs) stacked neatly in several buildings that he suddenly didn’t need any more. The SIPs had been prefabricated in his nearby manufacturing facility in Searsmont, Maine, and they were supposed to become the high-performance envelope of a 16,000-ft2 facility that was intended to be used as a manufacturing facility and showroom for Ecocor. However, following a recent real estate deal, he no longer needed to build the facility.
After speaking with Corson, Ingui told Hobbs that the building (or, rather, the SIPs that would make up the building) were for sale. “‘You tell him I'm flying up this week,’” Hobbs recalls telling Ingui. She then booked the flight, drove to Stewart International Airport in Newburgh, and met Corson in Portland.
“By the time I left Maine, we had a deal,” Hobbs says.
The Final Piece
Though Hobbs had a property, an architect, and several stacks of SIPs, she still needed some help securing financing for the project. This is where the New York State Energy Research and Development Authority (NYSERDA) and their Carbon Neutral Community Economic Development Program (CNCED) entered the picture. “If it wasn’t for NYSERDA, Highland Passive House would not have been possible,” Hobbs says. “I could not have asked for a better partner for this project,” she elaborates.
It was not an easy process. Hobbs had never applied for a grant through the agency, and she admits to being intimidated by how involved all the paperwork was. However, she attended the virtual information sessions they offered, she reviewed the online material, and she worked diligently on the grant application for six weeks.
The effort paid off. In December 2021, Hobbs received word that she had been awarded a CNCED grant of approximately $1.3 million to help finance the construction of the warehouse, and the balance of the financing for the project is being facilitated through a joint partnership between NBT Bank and the Small Business Administration and its 504 loan program.
“These grant programs are not meant to be hurdles that can’t be overcome,” she says. “I'm a small business owner, just like every other small business owner in the State of New York, who wanted to participate in this program, who wanted to make a difference, who wanted to be part of a movement towards sustainability. I applied for a grant, and I got it by following the steps.”