(A) will use a quality assurance program 
established under this Act or another appro-
priate methodology to ensure energy savings; 
(B) incorporates an effective repayment 
mechanism, which may include— 
(i) on-utility-bill repayment; 
(ii) tax assessment or other form of 
property assessment financing; 
(iii) municipal service charges; 
(iv) energy or energy efficiency serv-
ices contracts; 
(v) energy efficiency power purchase 
agreements; 
(vi) unsecured loans applying the un-
derwriting requirements of the energy loan 
program of the Federal National Mortgage 
Association; or 
(vii) alternative contractual repayment 
mechanisms that have been demonstrated 
to have appropriate risk mitigation fea-
tures; and 
(3) will provide, in a timely manner, all infor-
mation regarding the administration of the Home 
Star Loan Program as the Secretary may require to 
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permit the Secretary to meet the program evaluation 
requirements of subsection (h). 
(f) USE OF FUNDS.—Funds made available to States 
for carrying out the Home Star Loan Program may be 
used to support financing mechanisms offered by qualified 
financing entities to eligible participants, including— 
(1) interest rate reductions to interest rates as 
low as 0 percent; 
(2) loan loss reserves or other forms of credit 
enhancement; 
(3) revolving loan funds from which qualified fi-
nancing entities may offer direct loans; or 
(4) 
other 
debt 
instruments 
(excluding 
securitization instruments) necessary— 
(A) to use available funds to obtain appro-
priate leverage through private investment; and 
(B) to support widespread deployment of 
energy efficiency programs. 
(g) USE OF REPAID FUNDS.—In the case of a revolv-
ing loan fund described in subsection (f)(3), a qualified 
financing entity may use funds repaid by eligible partici-
pants under the Home Star Loan Program to provide fi-
nancial assistance for additional eligible participants for 
installations described in subsection (b) in a manner that 
is consistent with this section. 
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(h) PROGRAM EVALUATION.—Not later than 1 year 
after the date of enactment of this Act, the Secretary shall 
submit to Congress a program evaluation that describes— 
(1) how many eligible participants have partici-
pated in the Home Star Loan Program; 
(2) how many jobs have been created through 
the Home Star Loan Program, directly and indi-
rectly; 
(3) what steps could be taken to promote fur-
ther deployment of energy efficiency retrofits; 
(4) the quantity of verifiable energy savings, 
homeowner energy bill savings, and other benefits of 
the Home Star Loan Program; and 
(5) the performance of the programs carried 
out by qualified financing entities under this section, 
including information on the rate of default and re-
payment. 
SEC. 13. FUNDING. 
(a) AUTHORIZATION OF APPROPRIATIONS.— 
(1) IN
GENERAL.—Subject to subsection (j), 
there are authorized to be appropriated to carry out 
this Act $6,000,000,000 for the period of fiscal 
years 2010 and 2011, to remain available until ex-
pended. 
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(2) MAINTENANCE OF FUNDING.—Funds pro-
vided under this section shall supplement and not 
supplant any prior or planned Federal and State 
funding provided to carry out energy efficiency pro-
grams. To the extent the Secretary finds that a 
State has supplanted other such programs with 
funding under this section, the Secretary may with-
hold an equivalent amount of funding from alloca-
tions for the State under this Act. 
(b) GRANTS TO STATES.— 
(1) IN
GENERAL.—Except as otherwise pro-
vided in this subsection, of the amount provided 
under subsection (a), not more than 9 percent is au-
thorized to be appropriated to the Secretary for pro-
viding grants to States, to be used for— 
(A) administrative costs of carrying out 
this Act; 
(B) development of quality assurance 
frameworks; 
(C) oversight of quality assurance pro-
grams; 
(D) establishment and delivery of financing 
mechanisms, in accordance with paragraph (2); 
and 
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(E) coordination with existing residential 
retrofit programs and infrastructure develop-
ment to assist deployment of the Home Star 
Retrofit Rebate Program. 
(2) FINANCING.—Of the amounts allocated to 
the States under paragraph (1), not less than 60 
percent shall be used to carry out section 12. 
(3) DISTRIBUTION TO STATES.— 
(A) PROVISION OF FUNDS.—Not later than 
30 days after the date of enactment of this Act, 
the Secretary shall provide to the State energy 
offices, or such other State entities as are des-
ignated by the Governor, of States that are car-
rying out responsibilities under section 7, 25 
percent of the funds described in paragraph (1). 
(B) ALLOCATION.—Funds described in 
subparagraph (A) shall be made available in ac-
cordance with the allocation formula for State 
energy conservation plans established under 
part D of title III of the Energy Policy and 
Conservation Act (42 U.S.C. 6321 et seq.). 
(4) WITHHOLDING OF FUNDS.—To the extent 
that the Secretary assumes the responsibilities of a 
State under section 3(i), the Secretary shall withhold 
the portion of the funds otherwise transferrable to 
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