,i #aaf? ,,congress #b;d ,session ,h4 ,r4 #hjba ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,augu/ #aa1 #bjbj ,mr4 ,p]lmutt] 7= himself & ,mr4 ,ca/5 ( ,ill9ois7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices1 & 9 addition to ! ,committee on ,education & ,labor1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to enc\rage en]gy effici5cy1 cons]vation1 & developm5t ( r5ewable en]gy s\rces = h\s+1 & to create su/a9able communities4 #a4 ,%ort title2 table ( cont5ts 7a7 ,%ort title ,?is ,act may be cit$ z ! ,gre5 ,neighborhoods ,act ( #bjbj4 7b7 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title2 table ( cont5ts4 ,sec4 #b4 ,implem5tation ( en]gy effici5cy p>ticipation inc5tives = ,,hud programs4 ,sec4 #c4 ,basic ,,hud en]gy effici5cy /&>ds & /&>ds = additional cr$it4 ,sec4 #d4 ,enhanc$ en]gy effici5cy und]writ+4 ,sec4 #e4 ,en]gy-effici5t c]tifications = manufactur$ h\s+ ) mortgages4 ,sec4 #f4 ,mak+ x gre54 ,sec4 #g4 ,includ+ su/a9able developm5t & transportation /rategies 9 compreh5sive h\s+ af=dability /rategies4 ,sec4 #h4 ,grant program to increase su/a9able l[-income community developm5t capacity4 ,sec4 #i4 ,b5*m>k+4 ,sec4 #aj4 ,work=ce developm5t4 ,sec4 #aa4 ,ensur+ availability ( home[n]s insurance = homes n connect$ to electricity grid4 ,sec4 #ab4 ,def9itions4 #b4 ,implem5tation ( en]gy effici5cy p>ticipation inc5tives = ,,hud programs 7a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ,h\s+ & ,urban ,developm5t %all issue su* regulations z may be necess>y to e/abli% annual en]gy effici5cy p>ticipation inc5tives consi/5t ) ?is ,act to enc\rage p>ticipants 9 programs adm9i/]$ by ! ,secret>y1 includ+ recipi5ts "u programs = :i* ,,hud assi/ance is provid$1 to a*ieve sub/antial improvem5ts 9 en]gy effici5cy4 7b7 ,requirem5t = appropriation ( funds ,! requirem5t "u subsection 7a7 = ! ,secret>y to provide annual en]gy effici5cy p>ticipation inc5tives pursuant to ! provisions ( ?is ,act %all be subject to ! annual appropriation ( necess>y funds4 #c4 ,basic ,,hud en]gy effici5cy /&>ds & /&>ds = additional cr$it 7a7 ,basic ,,hud /&>d 7#a7 ,resid5tial /ructures ,a resid5tial s+le-family or multifamily /ructure %all be consid]$ to comply ) ! en]gy effici5cy /&>ds "u ?is subsection if-- 7,a7 ! /ructure complies ) ! applicable provisions ( ! ,am]ican ,society ( ,heat+1 ,refrig]at+1 & ,air-,condition+ ,eng9e]s ,/&>d #ij4a-bjaf1 z su* /&>d or successor /&>d is 9 effect = purposes ( ?is section pursuant to subsection 7c72 7,b7 ! /ructure complies ) ! applicable provisions ( ! #bjah ,int]national ,en]gy ,cons]vation ,code1 z su* /&>d or successor /&>d is 9 effect = purposes ( ?is section pursuant to subsection 7c72 7,c7 9 ! case only ( an exi/+ /ructure1 :]e det]m9$ co/ effective1 ! /ructure has und]gone rehabilitation or improvem5ts1 complet$ aft] ! date ( ! enactm5t ( ?is ,act1 & ! en]gy consumption = ! /ructure has be5 r$uc$ by at lea/ #bj p]c5t f ! previ\s level ( consumption1 z det]m9$ 9 accordance ) en]gy audits p]=m$ bo? be=e & aft] any rehabilitation or improvem5ts und]tak5 to r$uce su* consumption2 or 7,d7 ! /ructure complies ) ! applicable provisions ( su* o!r en]gy effici5cy requirem5ts1 /&>ds1 *eckli/s1 or rat+s sy/ems z ! ,secret>y may adopt & apply by regulation1 z may be necess>y1 = purposes ( ?is section = specific types ( resid5tial s+le-family or multifamily /ructures or o!rwise1 except t ! ,secret>y %all make a det]m9ation reg>d+ :e!r to adopt & apply any su* requirem5ts1 /&>ds1 *eckli/s1 or rat+ sy/em = purposes ( ?is section n lat] ?an ! expiration ( ! #ahj-;day p]iod beg9n+ ^u ! date ( receipt ( any writt5 reque/1 made 9 su* =m z ! ,secret>y %all provide1 = su* adoption & application4 ,9 addition to compliance ) any ( subp>agraphs 7,a7 ?r\gh 7,d71 ! ,secret>y %all by regulation require1 = any newly con/ruct$ resid5tial s+le-family or multifamily /ructure to be consid]$ to comply ) ! en]gy effici5cy /&>ds "u ?is subsection1 t ! /ructure h appropriate electrical outlets ) ! facility & capacity to re*>ge a /&>d electric pass5g] vehicle1 includ+ an electric hybrid vehicle1 :]e su* vehicle w\ld normally be p>k$4 7#b7 ,nonresid5tial /ructures ,= purposes ( ?is section1 ! ,secret>y %all id5tify & adopt by regulation1 z may be necess>y1 en]gy effici5cy requirem5ts1 /&>ds1 *eckli/s1 or rat+ sy/ems applicable to nonresid5tial /ructures t are con/ruct$ or rehabilitat$ ) ,,hud assi/ance4 ,a nonresid5tial /ructure %all be consid]$ to comply ) ! en]gy effici5cy /&>ds "u ?is subsection if ! /ructure complies ) ! applicable provisions ( any su* en]gy effici5cy requirem5ts1 /&>ds1 *eckli/1 or rat+ sy/ems id5tifi$ & adopt$ by ! ,secret>y pursuant to ?is p>agraph1 z su* /&>ds are 9 effect = purposes ( ?is section pursuant to subsection 7c74 7#c7 ,effect ,no?+ 9 ?is subsection may be con/ru$ to require any /ructure to comply ) any /&>d e/abli%$ or adopt$ pursuant to ?is subsection1 or id5tifi$ 9 ?is subsection1 or to provide any b5efit or cr$it "u any ,f$]al program = any /ructure t complies ) any su* /&>d1 except to ! ext5t t-- 7,a7 any provision ( law o!r ?an ?is subsection provides a b5efit or cr$it "u a ,f$]al program = compliance ) a /&>d e/abli%$ or adopt$ pursuant to ?is subsection1 or id5tifi$ 9 ?is subsection2 or 7,b7 ! ,secret>y specifically provides pursuant to subsection 7c7 = ! applicability ( su* /&>d4 7b7 ,enhanc$ en]gy effici5cy /&>ds = purposes ( provid+ additional cr$it "u c]ta9 f$]ally assi/$ h\s+ programs 7#a7 ,purpose & effect 7,a7 ,purpose ,! purpose ( ?is subsection is to e/abli% en]gy effici5cy & cons]vation /&>ds & gre5 build+ /&>ds t-- 7i7 provide = great] en]gy effici5cy & cons]vation 9 /ructures ?an is requir$ = compliance ) ! en]gy effici5cy /&>ds "u subsection 7a7 & !n 9 effect2 7ii7 provide = gre5 & su/a9able build+ /&>ds n requir$ by su* /&>ds2 & 7iii7 c be us$ 9 connection ) ,f$]al h\s+1 h\s+ f9ance1 & developm5t programs to provide inc5tives = great] en]gy effici5cy & cons]vation & = gre5 & su/a9able build+ me?ods1 elem5ts1 practices1 & mat]ials4 7,b7 ,effect ,no?+ 9 ?is subsection may be con/ru$ to require any /ructure to comply ) any /&>d e/abli%$ pursuant to ?is subsection or to provide any b5efit or cr$it "u any ,f$]al program = any /ructure1 except to ! ext5t t any provision ( law o!r ?an ?is subsection provides a b5efit or cr$it "u a ,f$]al program = compliance ) a /&>d e/abli%$ pursuant to ?is subsection4 7#b7 ,compliance ,a resid5tial or nonresid5tial /ructure %all be consid]$ to comply ) ! enhanc$ en]gy effici5cy & cons]vation /&>ds or ! gre5 build+ /&>ds "u ?is subsection1 to ! ext5t t su* /ructure is v]ifi$ by a ?ird p>ty z compliant )1 or c]tifi$ to1 ! applicable provisions ( ! /&>ds "u p>agraph 7#c7 or 7#d71 respectively 7z su* /&>ds are 9 effect = purposes ( ?is section1 pursuant to p>agraph 7#g771 9 a mann] t is n requir$ = compliance ) ! en]gy effici5cy /&>ds "u subsection 7a7 !n 9 effect & subject to ! ,secret>y's det]m9ation ( :i* /&>ds are applicable to :i* /ructures4 7#c7 ,en]gy effici5cy & cons]vation /&>ds ,! en]gy effici5cy & cons]vation /&>ds "u ?is p>agraph are z foll[s3 7,a7 ,resid5tial /ructures ,) respect to resid5tial /ructures3 7i7 ,new con/ruction ,= new con/ruction1 ! ,en]gy ,/> = ,homes c]tification or ,en]gy ,/> = ,multifamily ,new ,con/ruction c]tification /&>ds e/abli%$ by ! ,environm5tal ,protection ,ag5cy1 z su* /&>ds are 9 effect = purposes ( ?is subsection pursuant to p>agraph 7#g72 7ii7 ,exi/+ /ructures ,= exi/+ /ructures1 a r$uction 9 en]gy consumption f ! previ\s level ( consumption = ! /ructure1 z det]m9$ 9 accordance ) en]gy audits p]=m$ bo? be=e & aft] any rehabilitation or improvem5ts und]tak5 to r$uce su* consumption by at lea/ #cj p]c5t or a*ievem5t ( ,,en]gy ,,/> c]tification4 7,b7 ,nonresid5tial /ructures ,) respect to nonresid5tial /ructures1 su* en]gy effici5cy & cons]vation requirem5ts1 /&>ds1 *eckli/s1 or rat+ sy/ems = nonresid5tial /ructures z ! ,secret>y %all id5tify & adopt by regulation1 z may be necess>y1 = purposes ( ?is p>agraph4 7#d7 ,gre5 build+ /&>ds ,! gre5 build+ /&>ds "u ?is p>agraph are ! mo/ rec5t adopt$ v]sions ( ! foll[+3 7,a7 ,! national ,gre5 ,communities crit]ia *eckli/ = resid5tial con/ruction t provides crit]ia = ! design1 developm5t1 & op]ation ( af=dable h\s+1 z su* *eckli/ or successor *eckli/ is 9 effect = purposes ( ?is section pursuant to p>agraph 7#g74 7,b7 ,! ,,le$ = ,new ,con/ruction rat+ sy/em1 ! ,,le$ = ,homes rat+ sy/em1 ! ,,le$ = ,core & ,%ell rat+ sy/em1 z applicable1 z su* sy/ems or successor sy/ems are 9 effect = purposes ( ?is section pursuant to p>agraph 7#g74 7,c7 ,! ,gre5 ,globes assessm5t & rat+ sy/em ( ! ,gre5 ,build+s ,initiative4 7,d7 ,= manufactur$ h\s+1 en]gy /> rat+ ) respect to fixtures1 appliances1 & equipm5t 9 su* h\s+1 z su* /&>d or successor /&>d is 9 effect = purposes ( ?is section pursuant to p>agraph 7#g74 7,e7 ,! ,national ,gre5 ,build+ ,/&>d4 7,f7 ,any o!r prov5 requirem5ts1 /&>ds1 *eckli/s1 or rat+ sy/ems = gre5 build+ or su/a9ability z ! ,secret>y may id5tify & adopt by regulation1 z may be necess>y = purposes ( ?is p>agraph1 except t ! ,secret>y %all make a det]m9ation reg>d+ :e!r to adopt & apply any su* requirem5ts1 /&>ds1 *eckli/1 or rat+ sy/em = purposes ( ?is section n lat] ?an ! expiration ( ! #ahj-;day p]iod beg9n+ ^u date ( receipt ( any writt5 reque/1 made 9 su* =m z ! ,secret>y %all provide1 = su* adoption & application4 7#e7 ,gre5 build+ ,= purposes ( ?is subsection1 ! t]m gre5 build+ means1 ) respect to /&>ds = /ructures1 /&>ds to require use ( su/a9able design pr9ciples to r$uce ! use ( nonr5ewable res\rces1 m9imize ! impact ( developm5t on ! environm5t1 & to improve indoor air quality4 7#f7 ,en]gy audits ,! ,secret>y %all e/abli% /&>ds & requirem5ts = en]gy audits = purposes ( p>agraph 7#c77;,a77ii74 7#g7 ,applicability & updat+ ( /&>ds 7,a7 ,applicability ,except z provid$ 9 subp>agraph 7,b71 ! requirem5ts1 /&>ds1 *eckli/s1 & rat+ sy/ems ref]r$ to 9 ?is subsection t are 9 effect = purposes ( ?is subsection are su* requirem5ts1 /&>ds1 *eckli/s1 & sy/ems are z 9 exi/5ce ^u ! date ( ! enactm5t ( ?is ,act4 7,b7 ,updat+ ,= purposes ( ?is section1 ! ,secret>y may adopt & apply by regulation1 z may be necess>y1 future am5dm5ts & supplem5ts to1 & editions (1 ! requirem5ts1 /&>ds1 *eckli/s1 & rat+ sy/ems ref]r$ to 9 ?is subsection4 7c7 ,au?ority ( ,secret>y ,to apply /&>ds to f$]ally assi/$ h\s+ & programs 7#a7 ,,hud h\s+ & programs ,! ,secret>y ( ,h\s+ & ,urban ,developm5t may1 by regulation1 provide = ! applicability ( ! en]gy effici5cy /&>ds "u subsection 7a7 or ! enhanc$ en]gy effici5cy & cons]vation /&>ds & gre5 build+ /&>ds "u subsection 7b71 or bo?1 ) respect to any cov]$ f$]ally assi/$ h\s+ describ$ 9 p>agraph 7#c77;,a7 or any ,,hud assi/ance4 7#b7 ,rural h\s+ ,! ,secret>y ( ,agriculture may1 by regulation1 provide = ! applicability ( ! en]gy effici5cy /&>ds "u subsection 7a7 or ! enhanc$ en]gy effici5cy & cons]vation /&>ds & gre5 build+ /&>ds "u subsection 7b71 or bo?1 ) respect to any cov]$ f$]ally assi/$ h\s+ describ$ 9 p>agraph 7#c77;,b7 or any assi/ance provid$ ) respect to rural h\s+ by ! ,rural ,h\s+ ,s]vice ( ! ,dep>tm5t ( ,agriculture4 7#c7 ,cov]$ f$]ally assi/$ h\s+ ,= purposes ( ?is subsection1 ! t]m cov]$ f$]ally assi/$ h\s+ means-- 7,a7 any resid5tial or nonresid5tial /ructure = :i* any ,,hud assi/ance is provid$2 & 7,b7 any new con/ruction ( s+le-family h\s+ 7o!r ?an manufactur$ homes7 subject to mortgages insur$1 gu>ante$1 or made by ! ,secret>y ( ,agriculture "u title ,v ( ! ,h\s+ ,act ( #aidi 7#db ,u4,s4,c4 #adga et seq474 #d4 ,enhanc$ en]gy effici5cy und]writ+ 7a7 ,def9itions ,9 ?is section3 7#a7 ,cov]$ ag5cy ,! t]m cov]$ ag5cy-- 7,a7 means-- 7i7 an executive ag5cy1 z t t]m is def9$ 9 section #ajb ( title #ca1 ,unit$ ,/ates ,code2 & 7ii7 any o!r ag5cy ( ! ,f$]al ,gov]nm5t2 & 7,b7 includes ea* ent]prise1 z t t]m is def9$ "u section #acjc ( ! ,f$]al ,h\s+ ,ent]prises ,f9ancial ,safety & ,s\ndness ,act ( #aiib 7#ab ,u4,s4,c4 #dejb74 7#b7 ,cov]$ loan ,! t]m cov]$ loan means a loan secur$ by a home t is issu$1 insur$1 pur*as$1 or securitiz$ by a cov]$ ag5cy4 7#c7 ,home[n] ,! t]m home[n] means ! mortgagor "u a cov]$ loan4 7#d7 ,mortgagee ,! t]m mortgagee means-- 7,a7 an orig9al l5d] "u a cov]$ loan or ! hold] ( a cov]$ loan at ! "t at :i* t mortgage transaction is consummat$2 7,b7 any affiliate1 ag5t1 subsidi>y1 successor1 or assignee ( an orig9al l5d] "u a cov]$ loan or ! hold] ( a cov]$ loan at ! "t at :i* t mortgage transaction is consummat$2 7,c7 any s]vic] ( a cov]$ loan2 & 7,d7 any subsequ5t pur*as]1 tru/ee1 or transf]ee ( any cov]$ loan issu$ by an orig9al l5d]4 7#e7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,h\s+ & ,urban ,developm5t4 7#f7 ,s]vic] ,! t]m s]vic] means ! p]son or entity responsible = ! s]vic+ ( a cov]$ loan1 includ+ ! p]son or entity :o makes or holds a cov]$ loan if t p]son or entity also s]vices ! cov]$ loan4 7#g7 ,s]vic+ ,! t]m s]vic+ has ! mean+ giv5 ! t]m 9 section #f7;i7 ( ! ,real ,e/ate ,settlem5t ,proc$ures ,act ( #aigd 7#ab ,u4,s4,c4 #bfje7;i774 7b7 ,f9d+s & purposes 7#a7 ,f9d+s ,! ,congress f9ds t-- 7,a7 en]gy co/s = home[n]s are a significant & increas+ portion ( _! h\sehold budgets2 7,b7 h\sehold en]gy use c v>y sub/antially dep5d+ on ! effici5cy & *>act]i/ics ( ! h\se2 7,c7 expect$ en]gy co/ sav+s are important to ! value ( ! h\se2 7,d7 ! curr5t te/ = loan af=dability us$ by mo/ cov]$ ag5cies1 commonly kn[n z ! debt-to-income te/1 is inadequate because x does n take into acc\nt ! expect$ en]gy co/ sav+s = ! home[n] ( an en]gy effici5t home2 & 7,e7 ano!r loan limitation1 commonly kn[n z ! loan-to-value te/1 is ti$ to ! appraisal1 :i* (t5 does n adju/ = effici5cy features ( h\ses4 7#b7 ,purposes ,! purposes ( ?is section are to-- 7,a7 improve ! accuracy ( mortgage und]writ+ by ,f$]al mortgage ag5cies by ensur+ t en]gy co/ sav+s are includ$ 9 ! und]writ+ process z describ$ bel[1 & ?us to r$uce ! am\nt ( en]gy consum$ by homes & to facilitate ! creation ( en]gy effici5cy retr(it & con/ruction jobs2 7,b7 require a cov]$ ag5cy to include ! expect$ en]gy co/ sav+s ( a home[n] z a regul> exp5se 9 ! te/s1 su* z ! debt-to-income te/1 us$ to det]m9e ! ability ( ! loan applicant to af=d ! co/ ( home[n]%ip = all loan programs2 & 7,c7 require a cov]$ ag5cy to include ! value home buy]s place on ! en]gy effici5cy ( a h\se 9 te/s us$ to comp>e ! mortgage am\nt to home value1 tak+ precautions to avoid d\ble-c\nt+ & to support safe & s\nd l5d+4 7c7 ,enhanc$ en]gy effici5cy und]writ+ crit]ia 7#a7 ,9 g5]al ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all1 9 consultation ) ! advisory gr\p e/abli%$ 9 subsection 7f77#b71 develop & issue guidel9es = a cov]$ ag5cy to implem5t enhanc$ loan eligibility requirem5ts1 = use :5 te/+ ! ability ( a loan applicant to repay a cov]$ loan1 t acc\nt = ! expect$ en]gy co/ sav+s = a loan applicant at a subject prop]ty1 9 ! mann] set =? 9 p>agraphs 7#b7 & 7#c74 7#b7 ,requirem5ts to acc\nt = en]gy co/ sav+s 7,a7 ,9 g5]al ,! enhanc$ loan eligibility requirem5ts "u p>agraph 7#a7 %all require t1 = all cov]$ loans = :i* an en]gy effici5cy report is volunt>ily provid$ to ! mortgagee by ! mortgagor1 ! cov]$ ag5cy & ! mortgagee %all take into consid]ation ! e/imat$ en]gy co/ sav+s expect$ = ! own] ( ! subject prop]ty 9 det]m9+ :e!r ! loan applicant has suffici5t income to s]vice ! mortgage debt plus o!r regul> exp5ses4 7,b7 ,exp5ses z (fsets ,to ! ext5t t a cov]$ ag5cy uses a te/1 su* z a debt-to-income te/1 t includes c]ta9 regul> exp5ses1 su* z haz>d insurance & prop]ty taxes1 ! expect$ en]gy co/ sav+s %all be includ$ z an (fset to ^! exp5ses4 7,c7 ,assess$ en]gy co/s ,en]gy co/s to be assess$ include ! co/ ( electricity1 natural gas1 oil1 & any o!r fuel regul>ly us$ to supply en]gy to ! subject prop]ty4 7#c7 ,det]m9ation ( e/imat$ en]gy co/ sav+s 7,a7 ,9 g5]al ,! guidel9es to be issu$ "u p>agraph 7#a7 %all include in/ructions = ! cov]$ ag5cy to calculate e/imat$ en]gy co/ sav+s us+-- 7i7 ! en]gy effici5cy report2 7ii7 an e/imate ( basel9e av]age en]gy co/s2 & 7iii7 additional s\rces ( in=mation z det]m9$ by ! ,secret>y4 7,b7 ,report requirem5ts ,= ! purposes ( subp>agraph 7,a71 an en]gy effici5cy report %all-- 7i7 e/imate ! expect$ en]gy co/ sav+s specific to ! subject prop]ty1 bas$ on specific in=mation ab\t ! prop]ty2 7ii7 be prep>$ 9 accordance ) ! guidel9es to be issu$ "u p>agraph 7#a72 & 7iii7 be prep>$-- 7,i7 9 accordance ) ! ,resid5tial ,en]gy ,s]vice ,network's ,home ,en]gy ,rat+ ,sy/em 7commonly kn[n z ,,h]s7 by an individual c]tifi$ by ! ,resid5tial ,en]gy ,s]vice ,network1 unless ! ,secret>y f9ds t ! use ( ,,h]s does n fur!r ! purposes ( ?is section2 or 7,,ii7 by o!r me?ods approv$ by ! ,secret>y1 9 consultation ) ! ,secret>y ( ,en]gy & ! advisory gr\p e/abli%$ 9 subsection 7f77#b71 = use "u ?is section1 :i* %all include a quality assurance proc$ure approv$ by ! ,secret>y1 9 consultation ) ! ,secret>y ( ,en]gy4 7,c7 ,use by apprais] ,if an en]gy effici5cy report is us$ "u p>agraph 7#b71 ! en]gy effici5cy report %all be provid$ to ! apprais] to e/imate ! en]gy effici5cy ( ! subject prop]ty & = pot5tial adju/m5ts = en]gy effici5cy4 7#d7 ,requir$ disclosure to consum] = a home ) an en]gy effici5cy report ,if an en]gy effici5cy report is us$ "u p>agraph 7#b71 ! guidel9es to be issu$ "u p>agraph 7#a7 %all require ! mortgagee to-- 7,a7 in=m ! loan applicant ( ! expect$ en]gy co/s z e/imat$ 9 ! en]gy effici5cy report1 9 a mann] & at a "t z prescrib$ by ! ,secret>y1 & if practicable1 9 ! docum5ts deliv]$ at ! "t ( loan application2 & 7,b7 include ! en]gy effici5cy report 9 ! docum5tation = ! loan provid$ to ! borr[]4 7#e7 ,requir$ disclosure to consum] = a home )\t an en]gy effici5cy report ,if an en]gy effici5cy report is n us$ "u p>agraph 7#b71 ! guidel9es to be issu$ "u p>agraph 7#a7 %all require ! mortgagee to in=m ! loan applicant 9 a mann] & at a "t z prescrib$ by ! ,secret>y1 & if practicable1 9 ! docum5ts deliv]$ at ! "t ( loan application (-- 7,a7 typical en]gy co/ sav+s t w\ld be possible f a co/-effective en]gy upgrade ( a home ( ! size & 9 ! region ( ! subject prop]ty2 7,b7 ! impact ! typical en]gy co/ sav+s w\ld h on mon?ly own]%ip co/s ( a typical home2 7,c7 ! impact on ! size ( a mortgage t c\ld be obta9$ if ! typical en]gy co/ sav+s 7 reflect$ 9 an en]gy effici5cy report2 & 7,d7 res\rces = improv+ ! en]gy effici5cy ( a home4 7#f7 ,pric+ ( loans 7,a7 ,9 g5]al ,a cov]$ ag5cy may price cov]$ loans orig9at$ "u ! enhanc$ loan eligibility requirem5ts requir$ "u ?is section 9 accordance ) ! e/imat$ risk ( ! loans4 7,b7 ,imposition ( c]ta9 mat]ial co/s1 imp$im5ts1 or p5alties ,9 ! abs5ce ( a publicly disclos$ analysis t demon/rates significant additional default risk or prepaym5t risk associat$ ) ! loans1 a cov]$ ag5cy %all n impose mat]ial co/s1 imp$im5ts1 or p5alties on cov]$ loans m]ely because ! loan uses an en]gy effici5cy report or ! enhanc$ loan eligibility requirem5ts requir$ "u ?is section4 7#g7 ,limitations 7,a7 ,9 g5]al ,a cov]$ ag5cy may price cov]$ loans orig9at$ "u ! enhanc$ loan eligibility requirem5ts requir$ "u ?is section 9 accordance ) ! e/imat$ risk ( ^? loans4 7,b7 ,prohibit$ actions ,a cov]$ ag5cy %all n-- 7i7 modify exi/+ und]writ+ crit]ia or adopt new und]writ+ crit]ia t int5tionally negate or r$uce ! impact ( ! requirem5ts or result+ b5efits t are set =? or o!rwise d]iv$ f ! enhanc$ loan eligibility requirem5ts requir$ "u ?is subsection2 or 7ii7 impose great] buy back requirem5ts1 cr$it ov]lays1 or insurance requirem5ts1 includ+ private mortgage insurance1 on cov]$ loans m]ely because ! loan uses an en]gy effici5cy report or ! enhanc$ loan eligibility requirem5ts requir$ "u ?is subsection4 7#h7 ,applicability & implem5tation date ,n lat] ?an #c ye>s aft] ! date ( enactm5t ( ?is ,act1 & be=e ,decemb] #ca1 #bjbc1 ! enhanc$ loan eligibility requirem5ts requir$ "u ?is subsection %all be implem5t$ by ea* cov]$ ag5cy to-- 7,a7 apply to any cov]$ loan = ! sale1 or ref9anc+ ( any loan = ! sale1 ( any home2 7,b7 be available on any resid5tial real prop]ty 7includ+ individual units ( condom9iums & coop]atives7 t qualifies = a cov]$ loan2 & 7,c7 provide prospective mortgagees ) suffici5t guidance & applicable tools to implem5t ! requir$ und]writ+ me?ods4 7d7 ,enhanc$ en]gy effici5cy und]writ+ valuation guidel9es 7#a7 ,9 g5]al ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all-- 7,a7 9 consultation ) ! ,f$]al ,f9ancial ,in/itutions ,exam9ation ,c\ncil & ! advisory gr\p e/abli%$ 9 subsection 7f77#b71 develop & issue guidel9es = a cov]$ ag5cy to det]m9e ! maximum p]mitt$ loan am\nt bas$ on ! value ( ! prop]ty = all cov]$ loans made on prop]ties ) an en]gy effici5cy report t meets ! requirem5ts ( subsection 7c77#c77;,b72 & 7,b7 9 consultation ) ! ,secret>y ( ,en]gy1 issue guidel9es = a cov]$ ag5cy to det]m9e ! e/imat$ en]gy sav+s "u p>agraph 7#c7 = prop]ties ) an en]gy effici5cy report4 7#b7 ,requirem5ts ,! enhanc$ en]gy effici5cy und]writ+ valuation guidel9es requir$ "u p>agraph 7#a7 %all include-- 7,a7 a requirem5t t if an en]gy effici5cy report t meets ! requirem5ts ( subsection 7c77#c77;,b7 is volunt>ily provid$ to ! mortgagee1 su* report %all be us$ by ! mortgagee or cov]$ ag5cy to det]m9e ! e/imat$ en]gy sav+s ( ! subject prop]ty2 & 7,b7 a requirem5t t ! e/imat$ en]gy sav+s ( ! subject prop]ty be add$ to ! apprais$ value ( ! subject prop]ty by a mortgagee or cov]$ ag5cy = ! purpose ( det]m9+ ! loan-to-value ratio ( ! subject prop]ty1 unless ! appraisal includes ! value ( ! ov]all en]gy effici5cy ( ! subject prop]ty1 us+ me?ods to be e/abli%$ "u ! guidel9es issu$ "u p>agraph 7#a74 7#c7 ,det]m9ation ( e/imat$ en]gy sav+s 7,a7 ,am\nt ( en]gy sav+s ,! am\nt ( e/imat$ en]gy sav+s %all be det]m9$ by calculat+ ! diff]5ce betwe5 ! e/imat$ en]gy co/s = ! av]age comp>able h\ses1 z det]m9$ 9 guidel9es to be issu$ "u p>agraph 7#a71 & ! e/imat$ en]gy co/s = ! subject prop]ty bas$ ^u ! en]gy effici5cy report4 7,b7 ,duration ( en]gy sav+s ,! duration ( ! e/imat$ en]gy sav+s %all be bas$ ^u ! e/imat$ life ( ! applicable equipm5t1 consi/5t ) ! rat+ sy/em us$ to produce ! en]gy effici5cy report4 7,c7 ,pres5t value ( en]gy sav+s ,! pres5t value ( ! future sav+s %all be disc\nt$ us+ ! av]age int]e/ rate on conv5tional #cj-ye> mortgages1 9 ! mann] direct$ by guidel9es issu$ "u p>agraph 7#a74 7#d7 ,ensur+ consid]ation ( en]gy effici5t features ,section #aaaj ( ! ,f9ancial ,in/itutions ,re=m1 ,recov]y1 & ,en=cem5t ,act ( #aihi 7#ab ,u4,s4,c4 #ccci7 is am5d$-- 7,a7 9 p>agraph 7#b71 by /rik+ & at ! end2 7,b7 9 p>agraph 7#c71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,c7 by ins]t+ aft] p>agraph 7#c7 ! foll[+3 7#d7 t ,/ate c]tifi$ & lic5s$ apprais]s h timely access1 :5ev] practicable1 to in=mation f ! prop]ty own] & ! l5d] t may be relevant 9 develop+ an op9ion ( value reg>d+ ! en]gy- & wat]-sav+ improvem5ts or features ( a prop]ty1 su* z-- 7,a7 labels or rat+s ( build+s2 7,b7 in/all$ appliances1 measures1 sy/ems or te*nologies2 7,c7 bluepr9ts2 7,d7 con/ruction co/s2 7,e7 f9ancial or o!r inc5tives reg>d+ en]gy- & wat]-effici5t compon5ts & sy/ems in/all$ 9 a prop]ty2 7,f7 utility bills2 7,g7 en]gy consumption & b5*m>k+ data2 & 7,h7 ?ird-p>ty v]ifications or repres5tations ( en]gy & wat] effici5cy p]=mance ( a prop]ty1 obs]v+ all f9ancial privacy requirem5ts adh]$ to by c]tifi$ & lic5s$ apprais]s1 includ+ section #eja ( ! ,gramm-,lea*-,bliley ,act 7#ae ,u4,s4,c4 #fhja74 ,unless a prop]ty own] cons5ts to a l5d]1 an apprais]1 9 c>ry+ out ! requirem5ts ( p>agraph 7#d71 %all n h access to ! comm]cial or f9ancial in=mation ( ! own] t is privileg$ or confid5tial4 4 7#e7 ,transactions requir+ /ate c]tifi$ & compet5t apprais]s ,section #aaac ( ! ,f9ancial ,in/itutions ,re=m1 ,recov]y1 & ,en=cem5t ,act ( #aihi 7#ab ,u4,s4,c4 #ccdb7 is am5d$-- 7,a7 9 p>agraph 7#a71 by ins]t+ be=e ! semicolon ! foll[+3 1 or any real prop]ty on :i* ! apprais] makes adju/m5ts us+ an en]gy effici5cy report2 & 7,b7 9 p>agraph 7#b71 by ins]t+ aft] atypical ! foll[+3 1 or an appraisal on :i* ! apprais] makes adju/m5ts us+ an en]gy effici5cy report44 7#f7 ,apprais] compet5cy requirem5t ,mortgagee %all require t ! apprais] conduct+ an appraisal ( any real prop]ty = :i* an en]gy report is provid$ %all h ! requisite k requir$ to p]=m a pr(essional quality appraisal1 z evid5c$ by pr(essional c]tification approv$ by ! ,secret>y4 7#g7 ,protections 7,a7 ,au?ority to impose limitations ,! guidel9es to be issu$ "u p>agraph 7#a7 %all include su* limitations & conditions z det]m9$ by ! ,secret>y to be necess>y to protect aga9/ mean+ful "u or ov] valuation ( en]gy co/ sav+s or duplicative c\nt+ ( en]gy effici5cy features or en]gy co/ sav+s 9 ! valuation ( any subject prop]ty t is us$ to det]m9e a loan am\nt4 7,b7 ,additional au?ority ,at ! end ( ! #g-ye> p]iod foll[+ ! implem5tation ( enhanc$ eligibility & und]writ+ valuation requirem5ts "u ?is section1 ! ,secret>y may modify or apply additional exceptions to ! approa* describ$ 9 p>agraph 7#b71 :]e ! ,secret>y f9ds t ! unadju/$ appraisal w reflect an accurate m>ket value ( ! effici5cy ( ! subject prop]ty or t a modifi$ approa* w bett] reflect an accurate m>ket value4 7#h7 ,applicability & implem5tation date ,n lat] ?an #c ye>s aft] ! date ( enactm5t ( ?is ,act1 & be=e ,decemb] #ca1 #bjbc1 ea* cov]$ ag5cy %all implem5t ! guidel9es requir$ "u ?is subsection1 :i* %all-- 7,a7 apply to any cov]$ loan = ! sale1 or ref9anc+ ( any loan = ! sale1 ( any home2 & 7,b7 be available on any resid5tial real prop]ty1 includ+ individual units ( condom9iums & coop]atives1 t qualifies = a cov]$ loan4 7e7 ,monitor+ ,n lat] ?an #a ye> aft] ! date on :i* ! enhanc$ eligibility & und]writ+ valuation requirem5ts are implem5t$ "u ?is section1 & e ye> !reaft]1 ea* cov]$ ag5cy ) relevant activity %all issue & make available to ! public a report t-- 7#a7 enum]ates ! numb] ( cov]$ loans ( ! ag5cy = :i* !re 0 an en]gy effici5cy report1 & t us$ en]gy effici5cy appraisal guidel9es & enhanc$ loan eligibility requirem5ts2 7#b7 includes ! default rates & rates ( =eclosures = ea* category ( loans2 & 7#c7 describes ! risk premium1 if any1 t ! ag5cy has pric$ into cov]$ loans = :i* !re 0 an en]gy effici5cy report4 7f7 ,rulemak+ 7#a7 ,9 g5]al ,! ,secret>y %all prescribe regulations to c>ry out ?is section1 9 consultation ) ! ,secret>y ( ,en]gy & ! advisory gr\p e/abli%$ 9 p>agraph 7#b71 :i* may conta9 su* classifications1 diff]5tiations1 or o!r provisions1 & may provide = su* prop] implem5tation & appropriate treatm5t ( diff]5t types ( transactions1 z ! ,secret>y det]m9es are necess>y or prop] to effectuate ! purposes ( ?is section1 to prev5t circumv5tion or evasion !re(1 or to facilitate compliance !re)4 7#b7 ,advisory gr\p ,to assi/ 9 c>ry+ out ?is section1 ! ,secret>y %all e/abli% an advisory gr\p1 consi/+ ( individuals repres5t+ ! int]e/s (-- 7,a7 mortgage l5d]s2 7,b7 apprais]s2 7,c7 en]gy rat]s & resid5tial en]gy consumption exp]ts2 7,d7 en]gy effici5cy organizations2 7,e7 real e/ate ag5ts2 7,f7 home build]s & remodel]s2 7,g7 ,/ate en]gy (ficials2 & 7,h7 o!rs z det]m9$ by ! ,secret>y4 7g7 ,additional /udy 7#a7 ,9 g5]al ,n lat] ?an #ah mon?s aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all reconv5e ! advisory gr\p e/abli%$ 9 subsection 7f77#b71 9 addition to wat] & locational effici5cy exp]ts1 to advise ! ,secret>y on ! implem5tation ( ! enhanc$ en]gy effici5cy und]writ+ crit]ia e/abli%$ 9 subsections 7c7 & 7d74 7#b7 ,recomm5dations 7,a7 ,9 g5]al ,! advisory gr\p e/abli%$ 9 subsection 7f77#b7 %all provide recomm5dations to ! ,secret>y on any revisions or additions to ! enhanc$ en]gy effici5cy und]writ+ crit]ia deem$ necess>y by ! gr\p1 :i* may include alt]nate me?ods to bett] acc\nt = home en]gy co/s & additional factors to acc\nt = sub/antial & regul> co/s ( home[n]%ip su* z location-bas$ transportation co/s & wat] co/s4 7,b7 ,legislative recomm5dations ,! ,secret>y %all =w>d any legislative recomm5dations f ! advisory gr\p to ,congress = consid]ation4 #e4 ,en]gy-effici5t c]tifications = manufactur$ h\s+ ) mortgages ,section #ebf ( ! ,national ,h\s+ ,act 7#ab ,u4,s4,c4 #agce;f-#d7;a77 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 by /rik+ 1 o!r ?an manufactur$ homes1 ea* place su* t]m appe>s2 7,b7 by ins]t+ aft] ! p]iod at ! end ! foll[+3 ,! en]gy p]=mance requirem5ts develop$ & e/abli%$ by ! ,secret>y "u ?is section = manufactur$ homes %all require en]gy /> rat+ = wall fixtures1 appliances1 & equipm5t 9 su* h\s+42 7,c7 by ins]t+ 7#a7 aft] 7a72 & 7,d7 by add+ at ! end ! foll[+ new p>agraphs3 7#b7 ,! ,secret>y %all require1 ) respect to any s+le- or multi-family resid5tial h\s+ subject to a mortgage insur$ "u ?is ,act1 t any approval or c]tification ( ! h\s+ = meet+ any en]gy effici5cy or cons]vation crit]ia1 /&>ds1 or requirem5ts pursuant to ?is title & any approval or c]tification requir$ pursuant to ?is title ) respect to en]gy-cons]v+ improvem5ts or any r5ewable en]gy s\rces1 su* z w9d1 sol> en]gy geo!rmal1 or biomass1 %all be conduct$ only by an individual c]tifi$ by a home en]gy rat+ sy/em provid] :o has be5 accr$it$ to conduct su* rat+s by ! ,home ,en]gy ,rat+s ,sy/em ,c\ncil1 ! ,resid5tial ,en]gy ,s]vices ,network1 or su* o!r appropriate national organization1 z ! ,secret>y may provide1 or by lic5s$ pr(essional ar*itect or eng9e]4 ,if any organization makes a reque/ to ! ,secret>y = approval to accr$it individuals to conduct en]gy effici5cy or cons]vation rat+s1 ! ,secret>y %all review & approve or disapprove su* reque/ n lat] ?an ! expiration ( ! #f-mon? p]iod beg9n+ ^u receipt ( su* reque/4 7#c7 ,! ,secret>y %all p]iodically exam9e ! me?od us$ to conduct inspections = compliance ) ! requirem5ts "u ?is section1 analyze v>i\s o!r approa*es = conduct+ su* inspections1 & review ! co/s & b5efits ( ! curr5t me?od comp>$ ) o!r me?ods4 2 & 7#b7 9 subsection 7b71 by /rik+ 1 o!r ?an a manufactur$ home14 #f4 ,mak+ x gre5 7a7 ,p>tn]%ips ) tree-,plant+ organizations ,! ,secret>y %all e/abli% & provide inc5tives = develop]s ( h\s+ = :i* any ,,hud f9ancial assi/ance1 z det]m9$ by ! ,secret>y1 is provid$ = developm5t1 ma9t5ance1 op]ation1 or o!r co/s1 to ent] into agreem5ts & p>tn]%ips ) tree-plant+ organizations1 nurs]ies1 & l&scap]s to c]tify t trees1 %rubs1 grasses1 & o!r plants are plant$ 9 ! prop] mann]1 are provid$ adequate ma9t5ance1 & survive = at lea/ #c ye>s aft] plant+ or are replac$4 ,! f9ancial assi/ance det]m9$ by ! ,secret>y z eligible "u ?is section %all take into consid]ation su* factors z co/ effectiv5ess & af=dability4 7b7 ,mak+ x gre5 plan ,9 ! case ( any new or sub/antially rehabilitat$ h\s+ = :i* ,,hud f9ancial assi/ance1 z det]m9$ 9 accordance ) subsection 7a71 is provid$ by ! ,secret>y = ! developm5t1 con/ruction1 ma9t5ance1 rehabilitation1 improvem5t1 op]ation1 or co/s ( ! h\s+1 includ+ f9ancial assi/ance provid$ ?r\gh ! ,community ,developm5t ,block ,grant program "u title ,i ( ! ,h\s+ & ,community ,developm5t ,act ( #aigd 7#db ,u4,s4,c4 #ecja et seq471 ! ,secret>y %all require ! developm5t ( a plan t provides =-- 7#a7 9 ! case ( new con/ruction & improvem5ts1 sit+ ( su* h\s+ & improvem5ts 9 a mann] t provides = en]gy effici5cy & cons]vation to ! ext5t feasible1 tak+ into consid]ation location & project type2 7#b7 m9imization ( ! effects ( con/ruction1 rehabilitation1 or o!r developm5t on ! condition ( exi/+ trees2 7#c7 selection & in/allation ( indig5\s trees1 %rubs1 grasses1 & o!r plants bas$ ^u applicable design guidel9es & /&>ds ( ! ,int]national ,society = ,arboriculture2 7#d7 po/-plant+ c>e & ma9t5ance ( ! l&scap+ relat+ to or affect$ by ! h\s+ 9 accordance ) be/ managem5t practices2 & 7#e7 e/abli%m5t ( a goal = m9imum gre5space or tree canopy cov] = ! h\s+ site = :i* su* f9ancial assi/ance is provid$1 includ+ guidel9es & timetables )9 :i* to a*ieve compliance ) su* m9imum requirem5ts4 7c7 ,p>tn]%ips ,9 c>ry+ out ?is section1 ! ,secret>y is enc\rag$ to consult1 z appropriate1 ) national organizations d$icat$ to provid+ h\s+ assi/ance & relat$ s]vices to l[-income families1 su* z ! ,alliance = ,community ,trees & its affiliates1 ! ,am]ican ,nurs]y & ,l&scape ,association1 ! ,am]ican ,society ( ,l&scape ,ar*itects1 & ! ,national ,arbor ,day ,f\ndation4 #g4 ,includ+ su/a9able developm5t & transportation /rategies 9 compreh5sive h\s+ af=dability /rategies ,section #aje7;b7 ( ! ,cran/on-,gonzalez ,national ,af=dable ,h\s+ ,act 7#db ,u4,s4,c4 #abgje7;b77 is am5d$-- 7#a7 by /rik+ & at ! end ( p>agraph 7#ai72 7#b7 by /rik+ ! p]iod at ! end ( p>agraph 7#bj7 & ins]t+ 2 &2 7#c7 & by ins]t+ aft] p>agraph 7#bj7 ! foll[+ new p>agraphs3 7#ba7 describe ! jurisdiction's /rategies to enc\rage su/a9able developm5t = af=dable h\s+1 includ+ s+le-family & multifamily h\s+1 z measur$ by-- 7,a7 great] en]gy effici5cy & use ( r5ewable en]gy s\rces1 includ+ any /rategies reg>d+ compliance ) ! en]gy effici5cy /&>ds "u section #c7;a7 ( ! ,gre5 ,neighborhoods ,act ( #bjbj & ) ! enhanc$ en]gy effici5cy & cons]vation /&>ds1 & ! gre5 build+ /&>ds1 "u section #c7;b7 ( su* ,act2 7,b7 increas$ cons]vation1 recycl+1 & reuse ( res\rces2 7,c7 m effective use ( exi/+ infra/ructure2 7,d7 use ( build+ mat]ials & me?ods t are heal?i] = resid5ts ( ! h\s+1 includ+ use ( build+ mat]ials t are free ( add$ kn[n c>c9og5s t are classifi$ z ,gr\p #a ,kn[n ,c>c9og5s by ! ,int]national ,ag5cy = ,rese>* on ,canc]2 & 7,e7 su* o!r crit]ia z ! ,secret>y det]m9es1 9 consultation ) ! ,secret>y ( ,en]gy1 ! ,secret>y ( ,agriculture1 & ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy1 are 9 accordance ) ! purposes ( ?is p>agraph2 & 7#bb7 describe ! jurisdiction's ef=ts to coord9ate its h\s+ /rategy ) its transportation plann+ /rategies to ensure to ! ext5t practicable t resid5ts ( af=dable h\s+ h access to public transportation4 4 #h4 ,grant program to increase su/a9able l[-income community developm5t capacity 7a7 ,9 g5]al ,! ,secret>y may make grants to nonpr(it organizations to use = any ( ! foll[+ purposes3 7#a7 ,tra9+1 educat+1 support+1 or advis+ an eligible community developm5t organization or qualifi$ y\? s]vice & cons]vation corps 9 improv+ en]gy effici5cy1 res\rce cons]vation & reuse1 design /rategies to maximize en]gy effici5cy1 in/all+ or con/ruct+ r5ewable en]gy improvem5ts 7su* z w9d1 wave1 sol>1 biomass1 & geo!rmal en]gy s\rces71 & effective use ( exi/+ infra/ructure 9 af=dable h\s+ & economic developm5t activities 9 l[-income communities1 tak+ into consid]ation en]gy effici5cy /&>ds "u section #c7;a7 ( ?is ,act & ) ! enhanc$ en]gy effici5cy & cons]vation /&>ds1 & ! gre5 build+ /&>ds1 "u section #c7;b7 ( ?is ,act4 7#b7 ,provid+ loans1 grants1 or pr$evelopm5t assi/ance to eligible community developm5t organizations or qualifi$ y\? s]vice & cons]vation corps to c>ry out en]gy effici5cy improvem5ts t comply ) ! en]gy effici5cy /&>ds "u section #c7;a7 ( ?is ,act1 res\rce cons]vation & reuse1 & effective use ( exi/+ infra/ructure 9 af=dable h\s+ & economic developm5t activities 9 l[-income communities4 ,9 provid+ assi/ance "u ?is p>agraph1 ! ,secret>y %all give m pref]5ce to activities bas$ on ! ext5t to :i* ! activities w result 9 compliance ) ! enhanc$ en]gy effici5cy & cons]vation /&>ds1 & ! gre5 build+ /&>ds1 "u section #c7;b7 ( ?is ,act4 7#c7 ,su* o!r purposes z ! ,secret>y det]m9es are 9 accordance ) ! purposes ( ?is subsection4 7b7 ,application requirem5t ,to be eligible = a grant "u ?is section1 a nonpr(it organization %all prep>e & submit to ! ,secret>y an application at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,secret>y may require4 7c7 ,aw>d ( contracts ,contracts = ar*itectural or eng9e]+ s]vices fund$ ) am\nts f grants made "u ?is section %all be aw>d$ 9 accordance ) *apt] #aa ( title #dj1 ,unit$ ,/ates ,code 7relat+ to selection ( ar*itects & eng9e]s74 7d7 ,mat*+ requirem5t ,a grant made "u ?is section may n exce$ ! am\nt t ! nonpr(it organization receiv+ ! grant c]tifies1 to ! ,secret>y1 w be provid$ 79 ca% or 9-k9d7 f nongov]nm5tal s\rces to c>ry out ! purposes = :i* ! grant is made4 7e7 ,def9itions ,= purposes ( ?is section1 ! foll[+ def9itions %all apply3 7#a7 nonpr(it organization ,! t]m nonpr(it organization has ! mean+ giv5 su* t]m 9 section #ajd ( ! ,cran/on-,gonzalez ,national ,af=dable ,h\s+ ,act 7#db ,u4,s4,c4 #abgjd74 7#b7 ,eligible community developm5t organization ,! t]m eligible community developm5t organization means-- 7,a7 a unit ( g5]al local gov]nm5t 7z def9$ 9 section #ajd ( ! ,cran/on-,gonzalez ,national ,af=dable ,h\s+ ,act 7#db ,u4,s4,c4 #abgjd772 7,b7 a community h\s+ developm5t organization 7z def9$ 9 section #ajd ( ! ,cran/on-,gonzalez ,national ,af=dable ,h\s+ ,act 7#db ,u4,s4,c4 #abgjd772 7,c7 an ,indian tribe or tribally designat$ h\s+ entity 7z su* t]ms are def9$ 9 section #d ( ! ,native ,am]ican ,h\s+ ,assi/ance & ,self-,det]m9ation ,act ( #aiif 7#be ,u4,s4,c4 #dajc772 or 7,d7 a public h\s+ ag5cy1 z su* t]m is def9$ 9 section #c7;b7 ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcg7;b774 7#c7 ,l[-income community ,! t]m l[-income community means a c5sus tract 9 :i* #ej p]c5t or m ( ! h\seholds h an income :i* is less ?an #hj p]c5t ( ! great] (-- 7,a7 ! m$ian gross income = su* ye> = ! area 9 :i* su* c5sus tract is locat$2 or 7,b7 ! m$ian gross income = su* ye> = ! ,/ate 9 :i* su* c5sus tract is locat$4 7f7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ to ! ,secret>y to c>ry out ?is section #bj1jjj1jjj = ea* ( fiscal ye>s #bjba ?r\gh #bjbe4 #i4 ,b5*m>k+ 7a7 ,def9itions ,= purposes ( ?is section1 ! foll[+ def9itions %all apply3 7#a7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,h\s+ & ,urban ,developm5t4 7#b7 ,hud-assi/$ prop]ty ,! t]m ,,hud-assi/$ prop]ty means a prop]ty assi/$ by any ( ! foll[+ programs3 7,a7 ,! program "u section #bjb ( ! ,h\s+ ,act ( #aiei 7#ab ,u4,s4,c4 #agjaq7 = supportive h\s+ = ! eld]ly4 7,b7 ,! program "u section #haa ( ! ,cran/on-,gonzalez ,national ,af=dable ,h\s+ ,act 7#db ,u4,s4,c4 #hjac7 = supportive h\s+ = p]sons ) disabilities4 7,c7 ,any program "u section #h ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcg;f7 = r5tal assi/ance = l[-income families4 7,d7 ,any program = mortgage insurance = s+le-family h\s+ "u title ,,ii ( ! ,national ,h\s+ ,act 7#ab ,u4,s4,c4 #agjg et seq474 7,e7 ,! programs "u section #bbc7;a77#g71 #bbc7;f71 or #bda7;a7 ( ! ,national ,h\s+ ,act 7#ab ,u4,s4,c4 #agaen7a71 #agaen7f71 #agaez-#f7;a774 7#c7 ,b5*m>k$ ,,hud-assi/$ prop]ty ,! t]m b5*m>k$ ,,hud-assi/$ prop]ty means a ,,hud-assi/$ prop]ty ) respect to :i* en]gy & wat] b5*m>k+ data is requir$ by a ,/ate or local au?ority to be report$ ?r\gh ! ,,en]gy ,,/> ,portfolio ,manag]4 7#d7 ,climate zone ,! t]m ,climate ,zone means a region ( ! ,unit$ ,/ates z def9$ by ! ,environm5tal ,protection ,ag5cy "u ! ,,en]gy ,,/> program or ! ,(fice ( ,en]gy ,effici5cy & ,r5ewable ,en]gy ( ! ,dep>tm5t ( ,en]gy4 7b7 ,b5*m>k+ report 7#a7 ,9 g5]al ,n lat] ?an ! expiration ( ! #a-ye> p]iod beg9n+ on ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y %all submit to ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate1 a report t includes-- 7,a7 an assessm5t ( ! curr5t /ate ( en]gy & wat] use b5*m>k+ 9 ! multifamily prop]ty sector2 7,b7 data id5tify+ ! numb] & squ>e footage ( multifamily prop]ties t are requir$ by ,/ate or local au?orities to report b5*m>k+ data1 ! proportion t are ,,hud-assi/$ prop]ties1 & ! proportion ( all ,,hud-assi/$ prop]ties t are subject to su* requirem5ts2 7,c7 data id5tify+ multifamily prop]ties t p>ticipate 9 ea* pa?way 9 ! ,,hud ,gre5 ,mortgage ,insurance ,premium program1 includ+ ! numb] & squ>e footage ( p>ticipat+ prop]ties & ! proportion ( eligible prop]ties p>ticipat+2 7,d7 data id5tify+ multifamily prop]ties t p>ticipate 9 ! ,,hud ,bett] ,build+s ,*all5ge1 includ+ ! numb] & squ>e footage ( p>ticipat+ prop]ties2 7,e7 e/imates ( ! ext5t ( ,,hud-assi/$ prop]ties t are n conduct+ en]gy & wat] b5*m>k+2 7,f7 e/imates ( pot5tial en]gy & ,f$]al co/ sav+s if v>i\s levels ( effici5cy 7 implem5t$ 9 ,,hud-assi/$ prop]ties2 7,g7 in=mation id5tify+ ! typical co/s ( multifamily b5*m>k+ & res\rces available to support multifamily own]s & op]ators 9 b5*m>k+2 & 7,h7 in=mation relevant to ! impact ( multifamily b5*m>k+1 includ+ publi%$ rese>* /udies4 7#b7 ,public availability ,! ,secret>y %all make ! report publicly available on ! website ( ,,hud4 7c7 ,provision ( exi/+ b5*m>k+ data 7#a7 ,policies ,n lat] ?an ! expiration ( ! #f-mon? p]iod beg9n+ on ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y %all issue su* regulations z may be necess>y to ensure t own]s ( b5*m>k$ ,,hud-assi/$ prop]ties provide to ! ,secret>y-select$ ,,en]gy ,,/> ,portfolio ,manag] data = ! prop]ty4 ,9 develop+ su* regulations1 ! ,secret>y %all-- 7,a7 provide = data to be releas$ 9 a mann] t protects in=mation t id5tifies p>ticul> prop]ties1 b reta9s ess5tial geographical & build+ *>act]i/ics to enable aggregate analysis2 7,b7 require data %>+ n less (t5 ?an e ?ree ye>s2 7,c7 id5tifies ! m9imum data to be %>$2 & 7,d7 develop me*anisms to /reaml9e data reque/s & %>+ 9 collaboration ) ! ,environm5tal ,protection ,ag5cy ,,en]gy ,,/> program4 7#b7 ,analysis ,n lat] ?an ! expiration ( ! #b-ye> p]iod beg9n+ on ! date ( ! enactm5t ( ?is ,act & annually !reaft]1 ! ,secret>y %all conduct an analysis ( ! data receiv$ "u ?is subsection & %all make ! f9d+s publicly available on ! website ( ,,hud4 7d7 ,en]gy use t>gets by climate zone 7#a7 ,9 g5]al ,n lat] ?an ! expiration ( ! #a-ye> p]iod beg9n+ on ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y %all-- 7,a7 compile en]gy consumption & bill data f multifamily prop]ties t is provid$ to ,,hud 9 connection ) utility all[ance det]m9ation & capital ne$s assessm5t activities2 7,b7 analyze ! data 9 ord] to bett] und]/& en]gy consumption patt]ns & tr5ds ?r\gh\t ! portfolio ( prop]ties repres5t$1 includ+ relevant subcategory types ( multifamily prop]ties2 7,c7 us+ ! data f subp>agraphs 7,a7 & 7,b71 develop en]gy int5sity /ati/ics = ea* climate zone & multifamily subcategory2 & 7,d7 us+ ! data f subp>agraphs 7,a7 & 7,b71 develop en]gy int5sity t>gets = ea* climate zone & multifamily subcategory reflect+ en]gy effici5cy p]=mance ( at lea/ #be p]c5t bel[ ! basel9e & relat$ to ,,en]gy ,,/> p]=mance scores = ea* respective climate zone & multifamily subcategory4 7#b7 ,public availability ,! ,secret>y %all make ! analysis & en]gy int5sity t>gets publicly available on ! website ( ,,hud4 7e7 ,multifamily utility b5*m>k+ toolkit ,! ,secret>y %all ma9ta9 & update1 f "t to "t1 ! ,multifamily ,utility ,b5*m>k+ ,toolkit4 7f7 ,/akehold] engagem5t ,9 c>ry+ out ?is section1 ! ,secret>y %all-- 7#a7 engage ) /akehold]s reg>d+ multifamily su/a9ability1 includ+ provid+ education & opportunities = robu/ /akehold] input2 & 7#b7 conduct t>get$ outrea* to repres5tatives ( public h\s+ ag5cies1 h\s+ & t5ant advocates1 multifamily prop]ty own]s & manag]s1 en]gy effici5cy organizations1 ,/ate & local gov]nm5ts1 multifamily f9ance entities1 & o!r int]e/$ gr\ps4 #aj4 ,work=ce developm5t ,subtitle ,d ( title ,i ( ! ,work=ce ,innovation & ,opportunity ,act 7#bi ,u4,s4,c4 #cbba et seq47 is am5d$ by add+ at ! end ! foll[+3 #agc4 ,grants = regi/]$ appr5tice%ip programs 9 c]ta9 indu/ries 7a7 ,9 g5]al ,! ,secret>y %all provide grants to work=ce developm5t bo>ds1 labor organizations1 nonpr(it organizations1 & bus9esses = ! purpose ( e/abli%+ tra9+ & regi/]$ appr5tice%ip programs ) respect to ! foll[+ indu/ries3 7#a7 ,en]gy-effici5t build+1 con/ruction1 & retr(it indu/ries4 7#b7 ,decon/ruction & mat]ials use indu/ries4 7#c7 ,en]gy effici5cy assessm5t indu/ry s]v+ resid5tial1 comm]cial1 or indu/rial sectors4 7#d7 ,manufactur]s t produce su/a9able processes & mat]ials4 7#e7 ,build+ ma9t5ance & managem5t4 7b7 ,requirem5ts ,! ,secret>y %all require a recipi5t ( a grant "u ?is section1 z a condition ( receipt ( su* grant-- 7#a7 to adv]tise opportunities available z a result ( su* grant-- 7,a7 on a publicly available website2 & 7,b7 to dislocat$ work]s2 7#b7 to coord9ate su* program ) relat$ ef=ts (-- 7,a7 local gov]nm5ts & subdivisions !re(2 & 7,b7 labor1 indu/ry1 & environm5tal advocacy gr\ps2 7#c7 on an annual basis1 to submit to ! ,secret>y a report ) respect to ! area s]v$ by ! recipi5t on-- 7,a7 ! availability ( employm5t opportunities 9 ! relevant field2 7,b7 ! risk ( an increase 9 unemploym5t 9 su* field2 & 7,c7 o!r employm5t tr5ds 9 su* field4 7c7 ,eligible use ( funds ,a recipi5t ( a grant "u ?is section may use su* funds to cov] ! co/s associat$ ) an employee p>ticipat+ 9 a ,regi/]$ ,appr5tice%ip ,program1 includ+ wages (1 or /ip5ds =1 employees = ! duration ( ! ,regi/]$ ,appr5tice%ip ,program4 7d7 ,report ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft]1 ! ,secret>y %all submit to ,congress a report on ! effects ( grants issu$ "u ?is section1 includ+ a description (-- 7#a7 ! numb] ( individuals :o are employ$ ^u completion ( a regi/]$ appr5tice%ip program fund$ "u ?is section2 7#b7 a description ( ! wages1 b5efits1 & quality ( employm5t t su* individuals receive ^u completion ( su* program2 7#c7 a description ( ! demographics ( individuals :o receive su* employm5t2 & 7#d7 ! ret5tion rate ( individuals :o are employ$ ^u completion ( a regi/]$ appr5tice%ip program fund$ "u ?is section4 7e7 ,au?orization ,!re is au?oriz$ to be appropriat$ to c>ry out ?is section #ajj1jjj1jjj = ea* ( fiscal ye>s #bjba ?r\gh #bjbe4 4 #aa4 ,ensur+ availability ( home[n]s insurance = homes n connect$ to electricity grid 7a7 ,congressional int5t ,! ,congress int5ds t-- 7#a7 consum]s %all n be d5i$ home[n]s insurance = a dwell+ 7z su* t]m is def9$ 9 subsection 7c77 bas$ solely on ! fact t ! dwell+ is n connect$ to or able to receive electricity s]vice f any :olesale or retail electric p[] provid]2 7#b7 ,/ates %\ld ensure t consum]s are able to obta9 home[n]s insurance = su* dwell+s2 7#c7 ,/ates %\ld support insur]s t develop volunt>y inc5tives to provide su* insurance2 & 7#d7 ,/ates may n prohibit insur]s f (f]+ a home[n]s insurance product specifically design$ = su* dwell+s4 7b7 ,insur+ homes & relat$ prop]ty 9 ,indian areas ,not)/&+ any o!r provision ( law1 dwell+s locat$ 9 ,indian areas 7z su* t]m is def9$ 9 section #d ( ! ,native ,am]ican ,h\s+ ,assi/ance & ,self-,det]m9ation ,act ( #aiif 7#be ,u4,s4,c4 #dajc77 & con/ruct$ or ma9ta9$ us+ assi/ance1 loan gu>antees1 or o!r au?ority "u ! ,native ,am]ican ,h\s+ ,assi/ance & ,self-,det]m9ation ,act ( #aiif may be insur$ by any tribally own$ self-insurance risk pool approv$ by ! ,secret>y ( ,h\s+ & ,urban ,developm5t4 7c7 ,dwell+ def9$ ,= purposes ( ?is section1 ! t]m dwell+ means a resid5tial /ructure t-- 7#a7 consi/s ( "o to f\r dwell+ units2 7#b7 is provid$ electricity f r5ewable en]gy s\rces2 & 7#c7 is n connect$ to any :olesale or retail electrical p[] grid4 #ab4 ,def9itions ,= purposes ( ?is ,act1 ! foll[+ def9itions %all apply3 7#a7 ,gre5 build+ /&>ds ,! t]m gre5 build+ /&>ds means /&>ds to require use ( su/a9able design pr9ciples to r$uce ! use ( nonr5ewable res\rces1 enc\rage en]gy-effici5t con/ruction & rehabilitation & ! use ( r5ewable en]gy res\rces1 m9imize ! impact ( developm5t on ! environm5t1 & improve indoor air quality4 7#b7 ,,hud ,! t]m ,,hud means ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t4 7#c7 ,,hud assi/ance ,! t]m ,,hud assi/ance means f9ancial assi/ance t is aw>d$1 competitively or noncompetitively1 allocat$ by =mula1 or provid$ by ,,hud ?r\gh loan insurance or gu>antee4 7#d7 ,nonresid5tial /ructure ,! t]m nonresid5tial /ructures means only nonresid5tial /ructures t are appurt5ant to s+le-family or multifamily h\s+ resid5tial /ructures1 or ^? t are fund$ by ! ,secret>y ( ,h\s+ & ,urban ,developm5t ?r\gh ! ,,hud ,community ,developm5t ,block ,grant program4 7#e7 ,secret>y ,! t]m ,secret>y1 unless o!rwise specifi$1 means ! ,secret>y ( ,h\s+ & ,urban ,developm5t4