@misc{21765,
  keywords = {Energy Markets and Policy Department, Energy Analysis and Environmental Impacts Division},
  author = {Mark Zimring and Ian M Hoffman and Merrian C Fuller and Merrian Borgeson},
  title = {HUD PowerSaver Pilot Loan Program},
  abstract = {<p>The U.S. Department of Housing and Urban Development (HUD) recently announced the creation of a pilot loan program for home energy improvements. The PowerSaver loan program is a new, energy-focused variant of the Title I Property Improvement Loan Insurance Program (Title I Program) and is planned for introduction in early 2011. The PowerSaver pilot will provide lender insurance for secured and unsecured loans up to $25,000 to single family homeowners. These loans will specifically target residential energy efficiency and renewable energy improvements. HUD estimates the two-year pilot will fund approximately 24,000 loans worth up to $300 million; the program is not capped. The Federal Housing Administration (FHA), HUD‟s mortgage insurance unit, will provide up to $25 million in grants as incentives to participating lenders. FHA is seeking lenders in communities with existing programs for promoting residential energy upgrades.</p>},
  year = {2010},
  journal = {Clean Energy Program Policy Brief},
  pages = {6},
  month = {12/2010},
  publisher = {LBNL},
  address = {Berkeley},
}