Thursday, May 21, 2009

NLBMDA News - "Green Neighborhoods" Legislation Reintroduced

"Green Neighborhoods" Legislation Reintroduced
Rep. Ed Perlmutter (D-CO) has reintroduced the "Green Resources for Energy Efficient Neighborhoods (GREEN) Act" (H.R. 2336), with 14 additional cosponsors. The legislation seeks to create incentives through lenders and financial institutions for consumers to buy, build or remodel their homes to improve energy efficiency and increase the use of alternative energy. The bill was included in a broader energy package passed by the House last year but was not considered in the Senate. A hearing date in the House Financial Services Committee has not yet been set.

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