3.0.0 3402 2023-01-11T13:19:58Z 2023-01-11T13:19:58Z Senate S S 2010-05-24 111 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2010-05-24T20:48:06Z Energy Efficiency in Housing Act of 2009 111 1379 S 2010-06-30 Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation and Community Development. Hearings held. Related bill CRS 2010-05-24 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2010-05-24 Introduced in Senate IntroReferral 10000 9 Library of Congress L000572 Sen. LeMieux, George S. [R-FL] George LeMieux R FL S. N A000360 Sen. Alexander, Lamar [R-TN] Lamar Alexander R TN 2010-08-03 False W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2010-09-23 False Housing and Community Development Alternative and renewable resources Energy efficiency and conservation Government lending and loan guarantees Government trust funds Housing finance and home ownership Residential rehabilitation and home repair Housing and Community Development 00 2010-05-24 Introduced in Senate 2010-10-14T20:18:40Z Renewable Energy Access Through Leasing Act of 2010 or the REAL Act of 2010- Authorizes the Secretary of Housing and Urban Development (HUD) to make loan guarantees for the financing of renewable energy systems leased for residential use. Prohibits the Secretary from insuring a loan unless the renewable energy system owner certifies that the systems financed will be leased only to homeowners that grant easements to install, maintain, use and otherwise access the system that include the right to sell electricity produced during the life of the renewable energy system to a wholesale or retail electrical power grid.

Requires the Secretary to: (1) ensure that a discount given under this Act does not adversely affect the homeowner's mortgage requirements; and (2) fix and collect premiums for insurance of loans under this Act that shall be paid for by the renewable energy system owner and that shall be adequate to cover the expenses and probable losses of administering the program. Prohibits the Secretary from assessing any other fee, premium, or charge in connection with such loan insurance.

Establishes the Renewable Energy Lease Insurance Fund, into which the Secretary shall deposit any such premiums.

Terminates the Secretary's authority to insure and make commitments to insure new loans under this Act ten years after its enactment.

]]> REAL Act of 2010 Display Title REAL Act of 2010 Official Title as Introduced A bill to encourage residential use of renewable energy systems by minimizing upfront costs and providing immediate utility cost savings to consumers through leasing of such systems to homeowners, and for other purposes. Introduced in Senate IS Short Titles as Introduced REAL Act of 2010 Short Titles as Introduced Renewable Energey Access Through Leasing Act of 2010 Introduced in Senate 2010-05-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s3402is/xml/BILLS-111s3402is.xml 2010-05-24 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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.