Solar Energy for Homes Act

Solar Energy for Homes Act - Directs the Administrator of specified Federal housing programs to increase by not more than 20 percent any amount which represents a limitation on the amount of the principal obligation of a mortgage on a dwelling unit, if such increase represents the increase in the cost of the dwelling unit which may be attributed to the unit's being heated or cooled by solar energy.

Amends the National Housing Act to provide for the increase in amount of home improvement loans which may be insured if the loan is used to acquire a solar energy system.

Amends the Housing and Community Development Act to authorize the use of community development block grants to encourage community development activities related to the use of solar energy in residential housing.