S. 1379 (111th): Energy Efficiency in Housing Act of 2009

Introduced:
Jun 25, 2009 (111th Congress, 2009–2010)
Status:
Died (Referred to Committee)
Sponsor
Sheldon Whitehouse
Senator from Rhode Island
Party
Democrat
Text
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Last Updated
Jun 25, 2009
Length
84 pages
Related Bills
S. 3402 (Related)
REAL Act of 2010

Referred to Committee
Last Action: May 24, 2010

H.R. 2336 (Related)
GREEN Act of 2010

Reported by Committee
Last Action: Apr 22, 2010

 
Status

This bill was introduced on June 25, 2009, in a previous session of Congress, but was not enacted.

Progress
Introduced Jun 25, 2009
Referred to Committee Jun 25, 2009
 
Full Title

A bill to encourage energy efficiency and conservation and development of renewable energy sources for housing, commercial structures, and other buildings, and to create sustainable communities.

Summary

No summaries available.

Cosponsors
6 cosponsors (6D) (show)
Committees

Senate Banking, Housing, and Urban Affairs

Housing, Transportation, and Community Development

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

S. stands for Senate bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


6/25/2009--Introduced.
Energy Efficiency in Housing Act of 2009 - Directs the Secretary of Housing and Urban Development (HUD) to establish:
(1) annual energy efficiency participation incentives for HUD programs to achieve substantial improvements in energy efficiency;
(2) budget-neutral incentives to encourage lenders to make energy-efficient and location-efficient mortgages;
(3) incentives for increasing the energy efficiency of multifamily housing subject to mortgages insured under the National Housing Act; and
(4) an energy efficiency demonstration program for multifamily housing projects assisted with project-based rental asistance.
Amends the Housing and Community Development Act of 1992 to:
(1) require the Director of the Federal Housing Finance Agency (FHFA) to assign an additional housing credit for compliance with Federal Mortgage Insurance Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) housing goals for energy efficient mortgages; and
(2) require the HUD Secretary to establish a commission to develop and recommend model mortgage products and underwriting guidelines that provide market-based incentives to incorporate energy efficiency upgrades and location efficiencies in new mortgage loan transactions.
Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to require Fannie Mae and Freddie Mac to develop loan products and flexible underwriting guidelines to facilitate a secondary market for energy-efficient and location-efficient mortgages for low and moderate income families and for second and junior mortgages made for purposes of energy efficiency or renewable energy.
Amends the National Housing Act to require the Secretary, in applying underwriting standards for mortgages on single-family housing, to consider the impact on the income of borrowers under Federal Housing Administration (FHA) mortgage insurance programs and Native American and Native Hawaiian loan guarantee programs from savings on utility costs resulting from energy efficiency standards established by this Act.
Amends the Home Mortgage Disclosure Act of 1975 to require the collection of information on energy-efficient and location-efficient mortgages.
Requires the Secretary to develop and implement a pilot program for the financing of capital improvements to improve the energy efficiency and conservation of assisted housing projects.
Amends the United States Housing Act of 1937 to prohibit the Secretary from making a site revitalization grant unless the applicant's proposed revitalization plan meets specified Green Developments requirements.
Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to require real estate appraisals, in determining the value of a property, to consider any renewable energy sources or energy-conserving improvements or features of the property.
Establishes in the Treasury the Alternative Energy Sources State Revolving Fund to provide loans to states and Indian tribes to carry out renewable energy and energy conservation activities.
Authorizes the Secretary to make grants to nonprofit organizations to increase low-income community development capacity.
Authorizes the Secretary to make loan guarantees for the financing of renewable energy systems leased for residential use.
Amends the Federal Deposit Insurance Act to establish green banking centers to provide energy efficiency information to consumers seeking a mortgage, home improvement loan, or home equity loan.
Requires the Comptroller General to report to Congress on the impact of this Act on the availability of affordable mortgages.
Requires the Secretary to obtain information from public housing agencies on the energy costs of their housing units and report such information to Congress.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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