I 
119TH CONGRESS 
1ST SESSION H. R. 2413 
To provide for accurate energy appraisals in connection with residential 
mortgage loans, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MARCH 27, 2025 
Mr. CASTEN introduced the following bill; which was referred to the Com-
mittee on Financial Services, and in addition to the Committee on Vet-
erans’ Affairs, for a period to be subsequently determined by the Speaker, 
in each case for consideration of such provisions as fall within the juris-
diction of the committee concerned 
A BILL 
To provide for accurate energy appraisals in connection with 
residential mortgage loans, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Getting Renewable and 
Energy Efficient Neighborhoods Appraisals Act of 2025’’ 
or the ‘‘GREEN Appraisals Act of 2025’’. 
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SEC. 2. GETTING RENEWABLE AND ENERGY EFFICIENT 
NEIGHBORHOODS ACCURATE ENERGY AP-
PRAISALS. 
(a) DISCLOSURE.—The head of each covered agency 
shall require that any creditor to which an application for 
a covered loan is made shall provide to the borrower, on 
the same date that the creditor delivers or places in the 
mail 
the 
disclosures 
described 
under 
section 
1026.19(e)(1)(iii)(A) of title 12, Code of Federal Regula-
tions, for such loan, a written disclosure that includes the 
following: 
(1) A statement that the prospective borrower 
or current homeowner may provide an energy report, 
or any information in such report, regarding the 
property subject to the covered loan to the creditor 
or to a qualified appraiser or other interested party 
for consideration during a home appraisal or appli-
cation for a covered loan. 
(2) A statement that the prospective borrower 
under the covered loan has the right to request an 
energy report regarding the property subject to the 
covered loan. 
(3) A statement that, in developing an ap-
praisal in connection with such covered loan— 
(A) a qualified appraiser will take the in-
formation in the report into consideration; and 
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(B) the appraisers’ final opinion of the 
value of the property may be higher, lower, or 
no different than if the energy report had not 
been available for the appraiser to review. 
(4) A statement that, as with any other data 
considered by the appraiser that affects the apprais-
er’s opinion of the value of a property, consideration 
of such data may help or hurt the ability of the pro-
spective borrower to obtain a covered loan. 
(b) REQUIRED ANALYSIS.—In connection with a cov-
ered loan, the creditor under such loan shall, in under-
writing the loan, use the appraised value of the subject 
property value as determined by a qualified appraiser. The 
consideration of an energy report by the qualified ap-
praiser may not be used as a basis to reject a home ap-
praisal or application for a covered loan. 
(c) CONSIDERATION
OF
ENERGY
CHARACTERIS-
TICS.—On and after March 1, 2026, the head of each cov-
ered agency shall require, with respect to any covered loan 
for a property for which an energy report is available, that 
upon the prospective borrower’s consent the creditor shall 
provide the appraiser with the energy report when the ap-
praiser receives the assignment, and any underwriting or 
verification systems used by the creditor shall accommo-
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date any appraisal that takes the energy report into con-
sideration. 
(d) CONSIDERATION OF INFORMATION.—A qualified 
appraiser to whom an energy report is provided in connec-
tion with a covered loan shall take the information in such 
report into consideration when developing an appraised 
value of the property. In developing the appraised value 
of the property, the qualified appraiser shall take into con-
sideration— 
(1) the energy efficiency characteristics of the 
property for which the report was prepared, any re-
newable energy related features of such property, es-
timated energy savings for such property, the energy 
consumption for such property relative to com-
parable homes, or any one or more of such items; 
(2) whether such characteristics of the property 
are relevant to the market value of the property; and 
(3) any additional information, as determined 
by the relevant head of a covered agency. 
(e) PORTABILITY.—Upon the request of a prospective 
borrower under a covered loan, the creditor shall provide 
a copy of an energy report with respect to the property, 
at no cost, to the prospective borrower. 
(f) GUIDANCE.— 
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(1) IN GENERAL.—The heads of the covered 
agencies, after consultation with the advisory com-
mittee established pursuant to paragraph (2), shall 
jointly prescribe guidance for creditors to implement 
this section which— 
(A) shall confirm the acceptance, by each 
of the covered agencies, of all applicable ap-
proaches to value utilized by appraisers to dem-
onstrate market reaction to energy efficiency 
and renewable energy; 
(B) shall set forth procedures for consumer 
disclosures, the preparation and sharing of en-
ergy reports, and the provision of the reports to 
qualified appraisers; and 
(C) shall not provide for how an appraiser 
shall consider information in an energy report. 
(2) ADVISORY COMMITTEE.—The heads of the 
covered agencies shall jointly establish an advisory 
committee of stakeholders to advise the heads of the 
covered agencies in carrying out this section, which 
shall consist of representatives of housing advocates, 
energy efficiency and renewable energy organiza-
tions, energy raters, home builders, architects, sin-
gle-family mortgage creditors, consumer advocates, 
appraisers, and other interested groups. 
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(3) SYSTEMS REQUIREMENTS.—Not later than 
the expiration of the 2-year period beginning on the 
date of the enactment of this Act, the heads of the 
covered agencies shall jointly require a creditor origi-
nating a covered loan for which an energy report is 
prepared under this section to use origination and 
underwriting systems that review, score, or rate ap-
praisals in a manner consistent with the creditor 
guidance issued pursuant to paragraph (1). 
(g) DEFINITIONS.—In this section: 
(1) COVERED
AGENCY.—The term ‘‘covered 
agency’’ means— 
(A) the Federal Housing Administration of 
the Department of Housing and Urban Devel-
opment; 
(B) the Federal Housing Finance Agency, 
to the extent that such Agency oversees and 
regulates the enterprises, as such term is de-
fined in section 1303 of the Federal Housing 
Enterprises Financial Safety and Soundness 
Act of 1992 (12 U.S.C. 4502); except that any 
requirement imposed by this section on such 
Agency or the Director of such Agency shall be 
treated as a requirement with respect to the 
Federal National Mortgage Association and the 
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Federal Home Loan Mortgage Corporation, to 
be imposed and enforced pursuant to the au-
thority of such Director and Agency to super-
vise and regulate such enterprises; 
(C) the Government National Mortgage 
Association; 
(D) the Rural Housing Service of the De-
partment of Agriculture; and 
(E) the Department of Veterans Affairs. 
(2) COVERED LOAN.—The term ‘‘covered loan’’ 
means a residential mortgage loan (as such term is 
defined in section 103 of the Truth in Lending Act 
(15 U.S.C. 1602)) that is made, insured, purchased, 
guaranteed, or securitized by a covered agency or in-
tended to be purchased, guaranteed, or securitized 
by a covered agency. 
(3) CREDITOR.—The term ‘‘creditor’’ has the 
meaning given such term in section 103 of the 
Truth in Lending Act (15 U.S.C. 1602). 
(4) ENERGY REPORT.—The term ‘‘energy re-
port’’ means, with respect to a property, an analysis 
that— 
(A)(i) details the energy-related features in 
the home; 
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(ii) estimates the expected energy costs or 
energy savings specific to the property, or both, 
based on specific information about the prop-
erty; or 
(iii) complies with both clauses (i) and (ii); 
(B) estimates the expected energy gen-
erated from installed renewable energy features; 
and 
(C) is conducted— 
(i) in accordance with the guidance 
issued under this section; 
(ii) in accordance with HERS by an 
individual certified by the Residential En-
ergy Service Network, unless the Secretary 
finds that the use of HERS does not fur-
ther the purposes of this section; 
(iii) by the Department of Energy’s 
Home Energy Score; or 
(iv) by other methods approved by the 
Secretary, in consultation with the Sec-
retary of Energy and the advisory com-
mittee established pursuant to subsection 
(f)(2), for use under this section, which 
shall include a quality assurance procedure 
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approved by the Secretary, in consultation 
with the Secretary of Energy. 
(5) HERS.—The term ‘‘HERS’’ means the 
Home Energy Rating System of the Residential En-
ergy Service Network. 
(6) QUALIFIED APPRAISER.—The term ‘‘quali-
fied appraiser’’ means an appraiser who, with re-
spect to the assignment to conduct an appraisal— 
(A) is licensed, qualified, or certified to 
conduct an appraisal in the State in which the 
property is located; 
(B) has completed a course of 7 or more 
hours of continuing education on the consider-
ation of energy reports in the appraisal process, 
which course— 
(i) includes case studies; 
(ii) includes an examination, which 
the appraiser has passed; and 
(iii) was submitted to, and approved 
by, the Appraiser Qualification Board of 
the Appraisal Foundation through its 
Course Approval Program; and 
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(C) is, at the time of agreeing to perform 
the assignment, competent to perform the as-
signment. 
Æ 
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