3.0.0 6249 2019-11-15T20:55:42Z 2019-11-15T20:55:42Z House H HR 2008-06-12 110 hsba00 Financial Services Committee House Standing Referred to 2008-06-12T14:01:35Z 2008-06-12 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2008-06-12 Introduced in House IntroReferral Intro-H 9 Library of Congress 2008-06-12 Introduced in House IntroReferral 1000 9 Library of Congress K000364 Rep. Kuhl, John R. "Randy", Jr. [R-NY-29] John Kuhl R NY R. "Randy" 29 N Housing and Community Development Economics and Public Finance Energy Energy conservation Energy efficiency Federally-guaranteed loans Finance and Financial Sector Government lending Home repair and improvement Housing finance Mortgages Single family housing Housing and Community Development 00 2008-06-12 Introduced in House 2008-10-03T18:38:33Z Helping Home Owners Make Energy-Efficiency Residential Upgrades Now Act of 2008 or the H-HOMERUN Act of 2008 - Requires the Secretary of Housing and Urban Development to establish a program to make direct loans for energy efficiency improvements for single family housing. Sets forth loan requirements.

Directs the Secretary to require that the total present value cost of such improvement is less than the total present value of the energy saved over the useful life of the improvement. Requires such cost and savings to be determined pursuant to a home energy rating report based upon a physical inspection of the property by a home energy rating system, or energy consultant, approved by the Secretary.

Requires the aggregate outstanding principal balance of direct loans to not at any time exceed $100 billion.

Amends the Housing and Community Development Act of 1992 to prohibit the Secretary from establishing a maximum limitation on the cost of the cost-effective energy efficiency improvements to be financed by an energy efficient mortgage provided under the Energy Efficient Mortgages Program. Requires a mortgagor to pay on account of the cost-effective energy efficiency improvements for which the mortgage is made at least 5% of the Secretary's estimate of the cost of acquisition and/or installation.

]]> H-HOMERUN Act of 2008 Short Titles as Introduced H-HOMERUN Act of 2008 Short Titles as Introduced Helping Home Owners Make Energy-Efficiency Residential Upgrades Now Act of 2008 Display Title H-HOMERUN Act of 2008 Official Title as Introduced To establish a direct loan program for providing energy efficiency improvements for single family housing, and for other purposes. Introduced in House 2008-06-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr6249ih/xml/BILLS-110hr6249ih.xml 2008-06-12 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.