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The SAVE Act Coalition Fact Sheet

The SAVE Act Coalition Fact Sheet Download PDF
Publication Date: 2015 Author: Sarah Stellberg Program Area:Finance & Real Estate

The SAVE Act, introduced by Senators Isakson (R-Ga.) and Bennet (D-Co.) on June 6, 2013, is proposed legislation that would instruct federal loan agencies to assess a borrower’s expected energy costs when financing a house. Better information about a homeowner’s monthly expenses will, at no cost to taxpayers or the current deficit:

  • Enable better mortgage underwriting
  • Reduce utility bills for American homeowners
  • Provide affordable financing for home energy improvements
  • Spark job creation in the housing industry