Department of Housing and Urban Development

Description

The purpose of this Notice is to expand the current PowerSaver Retrofit Pilot program to FHA’s Section 203(k) home purchase and rehabilitation program, by making grants available to currently-approved Section 203(k) lenders for this purpose. The overall goals of the PowerSaver Retrofit Pilot Program are: (1) to facilitate the testing and scaling of a mainstream mortgage product for home energy retrofit loans that includes liquidity options for lenders, resulting in more affordable and widely available loans than are currently available for home energy retrofits; and (2) to establish a robust set of data on home energy efficiency improvements and their impact – on energy savings, borrower income, property value, and other metrics – for the purpose of driving development and expansion of mainstream mortgage products to support home energy efficiency retrofits.

Who can apply

• Others

Contact

Michael Freedberg <br/>Office of Sustainable Housing and Communities <br/>Phone 202-402-4366
michael.freedberg@hud.gov