This is a new pilot program that helps lenders offer credit-worthy borrowers low-cost loans for the use of energy-saving improvements to their homes.

This program is backed by the Federal Housing Administration (FHA). These new FHA PowerSaver loans can offer up to $25,000 to homeowners, allowing them to make energy-efficient improvements to the home.

The U.S. Housing and Urban Development (HUD) along with the FHA developed the PowerSaver to create federal actions that would help expand green opportunities and boost energy savings.

This program was carefully developed to meet the marketplace for borrowers who have the ability to take on some debt in order to realize some savings over time from the energy-efficient improvements



 
 
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