Senate Proposes to Incorporate Energy Performance into the Mortgage Loan

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Democrats and Republicans came together recently to introduce the Home Owner Managing Energy Savings Act (HOMES Act) in Congress that would provide rebates up to $8000 to homeowners who invest in energy saving performance improvements to their homes. Rebates would be based on projected savings, which would be determined by an energy audit and paid directly to homeowners after quality assurance checks have been made.

Read the full article on RESNET.