Bipartisan, Budget-Neutral Bill Would Make Energy-Efficient Homes More Affordable, Create 83,000 Jobs by 2020
Sens. Bennet, Isakson Introduce SAVE Act on Capitol Hill.
The Sensible Accounting to Value Energy (SAVE) Act of 2011 is proposed federal legislation which calls for inclusion of energy costs in underwriting for federally financed single-family mortgages. Over time, the SAVE Act would drive growth in energy-efficient home construction and energy efficiency upgrades in existing homes, generating 83,000 jobs and $1.1 billion in consumer … Continued
This brief covers public policy goals and legislative objectives such as updatingunderwriting standards for federally insured mortgages to accurately reflect energy costs. To read the brief in its entirety, download the PDF.