The National Energy Improvement Fund LLC (NEIF), a Certified B-Corp energy efficiency lender, has purchased the assets of My Strong Home PBC and its property and casualty insurance operation, MSH Insurance Services LLC (MyStrongHome). The acquisition expands NEIF’s mission-based and contractor-focused lending and services into resilient home improvements and property insurance. It also expands NEIF’s residential lending footprint from the Northeast and Mid-Atlantic U.S. into the Southeast and Gulf Coast states including South Carolina, Georgia, Florida, Louisiana, Alabama and Louisiana, with Texas licensing pending. NEIF also offers commercial energy financing nationally through partnerships with distributors and utilities.
“We created MyStrongHome to make it more affordable for homeowners of all income levels to upgrade roofing and other improvements that make their homes stronger and more resilient to hurricanes and other weather events,” said MyStrongHome founder Margot Brandenburg. “We found a great financing partner in the National Energy Improvement Fund. As a Certified B-Corporation they share our values and mission, and as an innovator in energy efficiency finance they are on the cutting-edge in delivery of simple, transparent and fair financing programs to contractors and consumers.”
MyStrongHome was founded in 2015 by Brandenburg and Eleanor Kitzman, former insurance commissioner for South Carolina and Texas, to leverage the insurance premium savings that coastal state homeowners receive when they replace their existing roof with a storm-resilient roof installed to the Fortified standard by a qualified contractor. FORTIFIED installation standards are intended to strengthen homes and buildings against natural hazards such as high winds and hurricanes. The resulting insurance premium savings can be used to offset the monthly payments for fixed-rate, longer-term resilience improvement loans such as those offered by the National Energy Improvement Fund. The MyStrongHome platform integrates the insurance savings and financing to ease the process for consumers and contractors.
With a lending legacy from 1947, the National Energy Improvement Fund operates as a full-service, multi-state licensed consumer and commercial lender. It has funded nearly 5,000 energy and resilience improvements like HVAC, roofing, lighting and battery storage for homes and businesses delivered through a network of over 700 qualified contractors.
