A bill to authorize the Bonneville Power Administration to finance the installation of energy conservation features in new homes which are energy efficient.
Pacific Northwest Housing Affordability and Energy Conservation Act of 1982 - Authorizes the Administrator of the Bonneville Power Administration to purchase debt instruments for debts which: (1) are incurred for the purchase of certified energy efficient, newly constructed single family dwellings with one or more energy conservation features; (2) are secured by a mortgage or other security interest; (3) do not exceed the lesser of $15,000 or the cost of the energy conservation features; (4) have a repayment term of not more than 30 years; and (5) provide for interest charges no higher than the maximum interest rates on federally insured mortgages. Requires the Administrator to certify those dwellings which meet energy efficiency standards for purposes of this Act. Permits the Administrator to purchase such debt instruments only if the total of any other loans issued for the first purchase of the dwellings involved does not exceed the maximum mortgage level for Federal Housing Administration mortgages.
Introduced in House
Introduced in House
Referred to House Committee on Interior and Insular Affairs.
Referred to Subcommittee on Water and Power Resources.
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