Wednesday, November 25, 2009


TVA and MLGW have agreed to allow Community Development Corporations (CDCs) that receive funds from HUD through the Neighborhood Stabilization Program (NSP) access to the TVA In-Home Energy Evaluation (IHEE) program.

The typical requirement is for homes to be occupied however this way the CDCs can schedule a pre & post audit of the property and receive the rebates as if they were the homeowner.

In turn, many of the CDCs will require the future homeowners to attend EnergySmart classes. The CDCs in most cases will add these identified energy improvements to the scope of work scheduled for the home.

The hope is that through the combination of home buyer education and energy-related improvements will prevent a future foreclosure. The rebates that the CDCs get back from TVA can then be plugged back into the next house in the neighborhood.

No comments:

Related Posts Plugin for WordPress, Blogger...