“[The Green Fund] is a pool of money that works again and again as PSU takes loans from this pool and saves money by replacing utilities with sustainable ones, to pay back to the loan.” –Brendan Castricano, PSU Student Senate
Starting yesterday, Portland State University students are voting on a proposed $5 per term student fee that would generate $500,000 for the university’s student body to reduce its carbon footprint.
This “Green Fund” would include money for several sustainability initiatives, including some bike stuff. From the initiative’s website, here’s one of the programs it will establish:
Special Sustainability Projects Fund: Establish a student-governed grant making committee for small scale sustainable capital projects, such as bike parking stations, bikes for the new bike loan program, water bottle refilling stations, etc.