By Trade groups support ideas behind Green Resources for Energy Efficient Neighborhoods Act
Two industry trade groups are offering praise for the goals of legislation that would provide incentives for energy efficiency upgrades.
The legislation is sponsored by Rep. Ed Perlmutter, D-Colorado. Perlmutter says his legislation provides for incentives to lenders and financial institutions so they can offer lower interest loans and other benefits for consumers who build, buy or remodel their homes or businesses to improve their energy efficiency. The legislation is called the Green Resources for Energy Efficient Neighborhoods Act, or the GREEN Act.
The bill was heard in the House Financial Services Subcomittee on Housing and Community Opportunity this week.
National Association of Home Builders President Jerry Howard says: “The scope of the GREEN Act and the new programs that it creates is ambitious, but the intent is thoughtful and NAHB hopes that the resources will ultimately be available to develop the programs into effective tools to promote sustainable principals,” he said.
From the National Association of Realtors®, David Wluka, a member of NAR’s Global Climate Change Presidential Advisory Group, offered this: "We know that many of today’s consumers want homes and communities that are sensitive to the larger environment, and we are pleased that the GREEN Act would offer resources and incentives to homeowners to help them improve the energy efficiency of their homes."
The groups are critical, however, of “The American Clean Energy and Security Act” by Rep. Henry Waxman, D-California. The Energy and Commerce Committee already has approved this bill.
You can read more about Perlmutter’s bill here and about Waxman’s bill here.
See Also
- Intero Real Estate Services- Find Real Estate, Property For Sale, Homes For Sale
Intero Real Estate Services is one of the premier real estate brokerages. Find real estate, properties and homes for sale in Arizona, California, Colorado, Nevada and Texas. - National Association of Home Builders
The National Association of Home Builders is a trade association that helps promote the policies that make housing a national priority. Since 1942, NAHB has been serving its members, the housing industry, and the public at large. - National Association of REALTORS®, the voice of Real Estate
NAR is the nation’s largest trade association, representing more than 1.3 million members in all aspects of the residential and commercial real estate industries.
