2010-11-10 — nationalmortgageprofessional.com
"U.S. Vice President Joe Biden and U.S. Department of Housing & Urban Development (HUD) Secretary Shaun Donovan have announced a new pilot program that will offer creditworthy borrowers low-cost loans to make energy-saving improvements to their homes. Backed by the Federal Housing Administration (FHA), these new FHA PowerSaver loans will offer homeowners up to $25,000 to make energy-efficient improvements of their choice, including the installation of insulation, duct sealing, doors and windows, HVAC systems, water heaters, solar panels, and geothermal systems."
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