dential single-family or multifamily structures 
or otherwise, except that the Secretary shall 
make a determination regarding whether to 
adopt and apply any such requirements, stand-
ards, checklists, or rating system for purposes 
of this section not later than the expiration of 
the 180-day period beginning upon the date of 
receipt of any written request, made in such 
form as the Secretary shall provide, for such 
adoption and application. 
In addition to compliance with any of subparagraphs 
(A) through (D), the Secretary shall by regulation 
require, for any newly constructed residential single- 
family or multifamily structure to be considered to 
comply with the energy efficiency standards under 
this subsection, that the structure have appropriate 
electrical outlets with the facility and capacity to re-
charge a standard electric passenger vehicle, includ-
ing an electric hybrid vehicle, where such vehicle 
would normally be parked. 
(2) NONRESIDENTIAL STRUCTURES.—For pur-
poses of this section, the Secretary shall identify and 
adopt by regulation, as may be necessary, energy ef-
ficiency requirements, standards, checklists, or rat-
ing systems applicable to nonresidential structures 
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that are constructed or rehabilitated with HUD as-
sistance. A nonresidential structure shall be consid-
ered to comply with the energy efficiency standards 
under this subsection if the structure complies with 
the applicable provisions of any such energy effi-
ciency requirements, standards, checklist, or rating 
systems identified and adopted by the Secretary pur-
suant to this paragraph, as such standards are in ef-
fect for purposes of this section pursuant to sub-
section (c). 
(3) EFFECT.—Nothing in this subsection may 
be construed to require any structure to comply with 
any standard established or adopted pursuant to this 
subsection, or identified in this subsection, or to pro-
vide any benefit or credit under any Federal pro-
gram for any structure that complies with any such 
standard, except to the extent that— 
(A) any provision of law other than this 
subsection provides a benefit or credit under a 
Federal program for compliance with a stand-
ard established or adopted pursuant to this sub-
section, or identified in this subsection; or 
(B) the Secretary specifically provides pur-
suant to subsection (c) for the applicability of 
such standard. 
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(b) ENHANCED ENERGY EFFICIENCY STANDARDS 
FOR PURPOSES
OF PROVIDING ADDITIONAL CREDIT 
UNDER CERTAIN FEDERALLY ASSISTED HOUSING PRO-
GRAMS.— 
(1) PURPOSE AND EFFECT.— 
(A) PURPOSE.—The purpose of this sub-
section is to establish energy efficiency and con-
servation standards and green building stand-
ards that— 
(i) provide for greater energy effi-
ciency and conservation in structures than 
is required for compliance with the energy 
efficiency standards under subsection (a) 
and then in effect; 
(ii) provide for green and sustainable 
building standards not required by such 
standards; and 
(iii) can be used in connection with 
Federal housing, housing finance, and de-
velopment programs to provide incentives 
for greater energy efficiency and conserva-
tion and for green and sustainable building 
methods, elements, practices, and mate-
rials. 
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(B) EFFECT.—Nothing in this subsection 
may be construed to require any structure to 
comply with any standard established pursuant 
to this subsection or to provide any benefit or 
credit under any Federal program for any 
structure, except to the extent that any provi-
sion of law other than this subsection provides 
a benefit or credit under a Federal program for 
compliance with a standard established pursu-
ant to this subsection. 
(2) COMPLIANCE.—A residential or nonresiden-
tial structure shall be considered to comply with the 
enhanced energy efficiency and conservation stand-
ards or the green building standards under this sub-
section, to the extent that such structure complies 
with the applicable provisions of the standards under 
paragraph (3) or (4), respectively (as such standards 
are in effect for purposes of this section, pursuant 
to paragraph (7)), in a manner that is not required 
for compliance with the energy efficiency standards 
under subsection (a) then in effect and subject to 
the Secretary’s determination of which standards are 
applicable to which structures. 
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(3) ENERGY EFFICIENCY AND CONSERVATION 
STANDARDS.—The energy efficiency and conserva-
tion standards under this paragraph are as follows: 
(A) RESIDENTIAL STRUCTURES.—With re-
spect to residential structures: 
(i) NEW
CONSTRUCTION.—For new 
construction, the Energy Star standards 
established by the Environmental Protec-
tion Agency, as such standards are in ef-
fect for purposes of this subsection pursu-
ant to paragraph (7); 
(ii) EXISTING STRUCTURES.—For ex-
isting structures, a reduction in energy 
consumption from the previous level of 
consumption for the structure, as deter-
mined in accordance with energy audits 
performed both before and after any reha-
bilitation or improvements undertaken to 
reduce such consumption, that exceeds the 
reduction necessary for compliance with 
the energy efficiency standards under sub-
section (a) then in effect and applicable to 
existing structures. 
(B) 
NONRESIDENTIAL
STRUCTURES.— 
With respect to nonresidential structures, such 
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energy efficiency and conservation require-
ments, standards, checklists, or rating systems 
for nonresidential structures as the Secretary 
shall identify and adopt by regulation, as may 
be necessary, for purposes of this paragraph. 
(4) GREEN BUILDING STANDARDS.—The green 
building standards under this paragraph are as fol-
lows: 
(A) The national Green Communities cri-
teria checklist for residential construction that 
provides criteria for the design, development, 
and operation of affordable housing, as such 
checklist or successor checklist is in effect for 
purposes of this section pursuant to paragraph 
(7). 
(B) The gold certification level for the 
LEED for New Construction rating system, the 
LEED for Homes rating system, the LEED for 
Core and Shell rating system, as applicable, as 
such systems or successor systems are in effect 
for purposes of this section pursuant to para-
graph (7). 
(C) The Green Globes assessment and rat-
ing system of the Green Buildings Initiative. 
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(D) For manufactured housing, energy 
star rating with respect to fixtures, appliances, 
and equipment in such housing, as such stand-
ard or successor standard is in effect for pur-
poses of this section pursuant to paragraph (7). 
(E) The National Green Building Stand-
ard. 
(F) Any other requirements, standards, 
checklists, or rating systems for green building 
or sustainability as the Secretary may identify 
and adopt by regulation, as may be necessary 
for purposes of this paragraph, except that the 
Secretary shall make a determination regarding 
whether to adopt and apply any such require-
ments, standards, checklist, or rating system 
for purposes of this section not later than the 
expiration of the 180-day period beginning upon 
date of receipt of any written request, made in 
such form as the Secretary shall provide, for 
such adoption and application. 
(5) GREEN BUILDING.—For purposes of this 
subsection, the term ‘‘green building’’ means, with 
respect to standards for structures, standards to re-
quire use of sustainable design principles to reduce 
the use of nonrenewable resources, minimize the im-
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pact of development on the environment, and to im-
prove indoor air quality. 
(6) ENERGY AUDITS.—The Secretary shall es-
tablish standards and requirements for energy au-
dits for purposes of paragraph (3)(A)(ii) and, in es-
tablishing such standards, may consult with any ad-
visory committees established pursuant to section 
5(c)(2) of this Act. 
(7) APPLICABILITY AND UPDATING OF STAND-
ARDS.— 
(A) APPLICABILITY.—Except as provided 
in subparagraph (B), the requirements, stand-
ards, checklists, and rating systems referred to 
in this subsection that are in effect for purposes 
of this subsection are such requirements, stand-
ards, checklists, and systems are as in existence 
upon the date of the enactment of this Act. 
(B) UPDATING.—For purposes of this sec-
tion, the Secretary may adopt and apply by reg-
ulation, as may be necessary, future amend-
ments and supplements to, and editions of, the 
requirements, standards, checklists, and rating 
systems referred to in this subsection. 
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(c) AUTHORITY OF SECRETARY TO APPLY STAND-
ARDS
TO FEDERALLY ASSISTED HOUSING
AND PRO-
GRAMS.— 
(1) HUD HOUSING AND PROGRAMS.—The Sec-
retary of Housing and Urban Development may, by 
regulation, provide for the applicability of the energy 
efficiency standards under subsection (a) or the en-
hanced energy efficiency and conservation standards 
and green building standards under subsection (b), 
or both, with respect to any covered federally as-
sisted housing described in paragraph (3)(A) or any 
HUD assistance. 
(2) RURAL HOUSING.—The Secretary of Agri-
culture may, by regulation, provide for the applica-
bility of the energy efficiency standards under sub-
section (a) or the enhanced energy efficiency and 
conservation standards and green building standards 
under subsection (b), or both, with respect to any 
covered federally assisted housing described in para-
graph (3)(B) or any assistance provided with respect 
to rural housing by the Rural Housing Service of the 
Department of Agriculture. 
(3) COVERED
FEDERALLY
ASSISTED
HOUS-
ING.—For purposes of this subsection, the term 
‘‘covered federally assisted housing’’ means— 
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(A) any residential or nonresidential struc-
ture for which any HUD assistance is provided; 
and 
(B) any new construction of single-family 
housing (other than manufactured homes) sub-
ject to mortgages insured, guaranteed, or made 
by the Secretary of Agriculture under title V of 
the Housing Act of 1949 (42 U.S.C. 1471 et 
seq.). 
SEC. 5. ENERGY EFFICIENCY AND CONSERVATION DEM-
ONSTRATION PROGRAM FOR MULTIFAMILY 
HOUSING 
PROJECTS 
ASSISTED 
WITH 
PROJECT-BASED RENTAL ASSISTANCE. 
(a) AUTHORITY.—For multifamily housing projects 
for which project-based rental assistance is provided under 
a covered multifamily assistance program, the Secretary 
shall, subject to the availability of amounts provided in 
advance in appropriation Acts, carry out a program to 
demonstrate the effectiveness of funding a portion of the 
costs of meeting the enhanced energy efficiency standards 
under section 4(b). At the discretion of the Secretary, the 
demonstration program may include incentives for housing 
that is assisted with Indian housing block grants provided 
pursuant to the Native American Housing Assistance and 
Self-Determination Act of 1996, but only to the extent 
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that such inclusion does not violate such Act, its regula-
tions, and the goal of such Act of tribal self-determination. 
(b) GOALS.—The demonstration program under this 
section shall be carried out in a manner that— 
(1) protects the financial interests of the Fed-
eral Government; 
(2) reduces the proportion of funds provided by 
the Federal Government and by owners and resi-
dents of multifamily housing projects that are used 
for costs of utilities for the projects; 
(3) encourages energy efficiency and conserva-
tion by owners and residents of multifamily housing 
projects and installation of renewable energy im-
provements, such as improvements providing for use 
of solar, wind, geothermal, or biomass energy 
sources; 
(4) creates incentives for project owners to 
carry out such energy efficiency renovations and im-
provements by allowing a portion of the savings in 
operating costs resulting from such renovations and 
improvements to be retained by the project owner, 
notwithstanding otherwise applicable limitations on 
dividends; 
(5) promotes the installation, in existing resi-
dential buildings, of energy-efficient and cost-effec-
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tive improvements and renewable energy improve-
ments, such as improvements providing for use of 
solar, wind, geothermal, or biomass energy sources; 
(6) tests the efficacy of a variety of energy effi-
ciency measures for multifamily housing projects of 
various sizes and in various geographic locations; 
(7) tests methods for addressing the various, 
and often competing, incentives that impede owners 
and residents of multifamily housing projects from 
working together to achieve energy efficiency or con-
servation; and 
(8) creates a database of energy efficiency and 
conservation, and renewable energy, techniques, en-
ergy-savings management practices, and energy effi-
ciency and conservation financing vehicles. 
(c) APPROACHES.—In carrying out the demonstra-
tion program under this section, the Secretary may— 
(1) enter into agreements with the Building 
America Program of the Department of Energy and 
other consensus committees under which such pro-
grams, partnerships, or committees assume some or 
all of the functions, obligations, and benefits of the 
Secretary with respect to energy savings; 
(2) establish advisory committees to advise the 
Secretary and any such third-party partners on tech-
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nological and other developments in the area of en-
ergy efficiency and the creation of an energy effi-
ciency and conservation credit facility and other fi-
nancing opportunities, which committees shall in-
clude representatives of homebuilders, realtors, ar-
chitects, nonprofit housing organizations, environ-
mental protection organizations, renewable energy 
organizations, and advocacy organizations for the el-
derly and persons with disabilities; any advisory 
committees established pursuant to this paragraph 
shall not be subject to the Federal Advisory Com-
mittee Act (5 U.S.C. App.); 
(3) approve, for a period not to exceed 10 
years, additional adjustments in the maximum 
monthly rents or additional project rental assistance, 
or additional Indian housing block grant funds 
under the Native American Housing Assistance and 
Self-Determination Act of 1996, as applicable, for 
dwelling units in multifamily housing projects that 
are provided project-based rental assistance under a 
covered multifamily assistance program, in such 
amounts as may be necessary to amortize a portion 
of the cost of energy efficiency and conservation 
measures for such projects; 
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(4) develop a competitive process for the award 
of such additional assistance for multifamily housing 
projects seeking to implement energy efficiency, re-
newable energy sources, or conservation measures; 
and 
(5) waive or modify any existing statutory or 
regulatory provision that would otherwise impair the 
implementation or effectiveness of the demonstration 
program under this section, including provisions re-
lating to methods for rent adjustments, com-
parability standards, maximum rent schedules, and 
utility allowances; notwithstanding the preceding 
provisions of this paragraph, the Secretary may not 
waive any statutory requirement relating to fair 
housing, nondiscrimination, labor standards, or the 
environment, except pursuant to existing authority 
to waive nonstatutory environmental and other ap-
plicable requirements. 
(d) REQUIREMENT.—During the 4-year period begin-
ning 12 months after the date of the enactment of this 
Act, the Secretary shall carry out demonstration programs 
under this section with respect to not fewer than 50,000 
dwelling units. 
(e) SELECTION.— 
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(1) SCOPE.—In order to provide a broad and 
representative profile for use in designing a program 
which can become operational and effective nation-
wide, the Secretary shall carry out the demonstra-
tion program under this section with respect to 
dwelling units located in a wide variety of geographic 
areas and project types assisted by the various cov-
ered multifamily assistance programs and using a 
variety of energy efficiency and conservation and 
funding techniques to reflect differences in climate, 
types of dwelling units and technical and scientific 
methodologies, and financing options. The Secretary 
shall ensure that the geographic areas included in 
the demonstration program include dwelling units on 
Indian lands (as such term is defined in section 
2601 of the Energy Policy Act of 1992 (25 U.S.C. 
3501), to the extent that dwelling units on Indian 
land have the type of residential structures that are 
the focus of the demonstration program. 
(2) PRIORITY.—The Secretary shall provide pri-
ority for selection for participation in the program 
under this section based on the extent to which, as 
a result of assistance provided, the project will com-
ply with the energy efficiency standards under sub-
section (a), (b), or (c) of section 4 of this Act. 
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(f) USE OF EXISTING PARTNERSHIPS.—To the ex-
tent feasible, the Secretary shall— 
(1) utilize the Partnership for Advancing Tech-
nology in Housing of the Department of Housing 
and Urban Development to assist in carrying out the 
requirements of this section and to provide education 
and outreach regarding the demonstration program 
authorized under this section; and 
(2) consult with the Secretary of Energy, the 
Administrator of the Environmental Protection 
Agency, and the Secretary of the Army regarding 
utilizing the Building America Program of the De-
partment of Energy, the Energy Star Program, and 
the Army Corps of Engineers, respectively, to deter-
mine the manner in which they might assist in car-
rying out the goals of this section and providing edu-
cation and outreach regarding the demonstration 
program authorized under this section. 
(g) LIMITATION.—No amounts made available under 
the American Recovery and Reinvestment Act of 2009 
(Public Law 111–5) may be used to carry out the dem-
onstration program under this section. 
(h) REPORTS.— 
(1) ANNUAL.—Not later than the expiration of 
the 2-year beginning upon the date of the enactment 
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of this Act, and for each year thereafter during the 
term of the demonstration program, the Secretary 
shall submit a report to the Congress annually that 
describes and assesses the demonstration program 
under this section. 
(2) FINAL.—Not later than 6 months after the 
expiration of the 4-year period described in sub-
section (d), the Secretary shall submit a final report 
to the Congress assessing the demonstration pro-
gram, which— 
(A) shall assess the potential for expanding 
the demonstration program on a nationwide 
basis; and 
(B) shall include descriptions of— 
(i) the size of each multifamily hous-
ing project for which assistance was pro-
vided under the program; 
(ii) the geographic location of each 
project assisted, by State and region; 
(iii) the criteria used to select the 
projects for which assistance is provided 
under the program; 
(iv) the energy efficiency and con-
servation measures and financing sources 
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used for each project that is assisted under 
the program; 
(v) the difference, before and during 
participation in the demonstration pro-
gram, in the amount of the monthly assist-
ance payments under the covered multi-
family assistance program for each project 
assisted under the program; 
(vi) the average length of the term of 
the such assistance provided under the 
program for a project; 
(vii) the aggregate amount of savings 
generated by the demonstration program 
and the amount of savings expected to be 
generated by the program over time on a 
per-unit and aggregate program basis; 
(viii) the functions performed in con-
nection with the implementation of the 
demonstration program that were trans-
ferred or contracted out to any third par-
ties; 
(ix) an evaluation of the overall suc-
cesses and failures of the demonstration 
program; and 
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(x) recommendations for any actions 
to be taken as a result of the such suc-
cesses and failures. 
(3) CONTENTS.—Each annual report pursuant 
to paragraph (1) and the final report pursuant to 
paragraph (2) shall include— 
(A) a description of the status of each mul-
tifamily housing project selected for participa-
tion in the demonstration program under this 
section; and 
(B) findings from the program and rec-
ommendations for any legislative actions. 
(i) COVERED
MULTIFAMILY
ASSISTANCE
PRO-
GRAM.—For purposes of this section, the term ‘‘covered 
multifamily assistance program’’ means— 
(1) the program under section 8 of the United 
States Housing Act of 1937 (42 U.S.C. 1437f) for 
project-based rental assistance; 
(2) the program under section 202 of the Hous-
ing Act of 1959 (12 U.S.C. 1701q) for assistance 
for supportive housing for the elderly; 
(3) the program under section 811 of the Cran-
ston-Gonzalez National Affordable Housing Act (42 
U.S.C. 8013) for supportive housing for persons 
with disabilities; 
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(4) the program under section 236 of the Na-
tional Housing Act (12 U.S.C. 1715z–1 for assist-
ance for rental housing projects; 
(5) the program under section 515 of the Hous-
ing Act of 1949 (42 U.S.C. 1485) for rural rental 
housing; and 
(6) the program for assistance under the Native 
American Housing Assistance and Self-Determina-
tion Act of 1996 (25 U.S.C. 4111). 
(j) AUTHORIZATION OF APPROPRIATIONS.—There is 
authorized to be appropriated to carry out this section, 
including providing rent adjustments, additional project 
rental assistance, and incentives, $50,000,000 for each fis-
cal year in which the demonstration program under this 
section is carried out. 
(k) REGULATIONS.—Not later than the expiration of 
the 180-day period beginning on the date of the enactment 
of this Act, the Secretary shall issue any regulations nec-
essary to carry out this section. 
SEC. 6. ADDITIONAL CREDIT FOR FANNIE MAE AND 
FREDDIE MAC HOUSING GOALS FOR ENERGY- 
EFFICIENT AND LOCATION-EFFICIENT MORT-
GAGES. 
Section 1336(a) of the Housing and Community De-
velopment Act of 1992 (12 U.S.C. 4566(a)), as amended 
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by the Federal Housing Finance Regulatory Reform Act 
of 2008 (Public Law 110–289; 122 Stat. 2654), is amend-
ed— 
(1) in paragraph (2), by striking ‘‘paragraph 
(5)’’ and inserting ‘‘paragraphs (5) and (6)’’; and 
(2) by adding at the end the following new 
paragraph: 
‘‘(6) ADDITIONAL CREDIT.— 
‘‘(A) IN GENERAL.—In assigning credit to-
ward achievement under this section of the 
housing goals for mortgage purchase activities 
of the enterprises, the Director shall assign— 
‘‘(i) more than 125 percent credit, for 
any such purchase that both— 
‘‘(I) complies with the require-
ments of such goals; and 
‘‘(II)(aa) supports housing that 
meets the energy efficiency standards 
under section 4(a) of the Green Re-
sources for Energy Efficient Neigh-
borhoods Act of 2009; or 
‘‘(bb) is a location-efficient mort-
gage, as such term is defined in sec-
tion 1335(e); and 
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‘‘(ii) credit in addition to credit under 
clause (i), for any such purchase that 
both— 
‘‘(I) complies with the require-
ments of such goals, and 
‘‘(II) supports housing that com-
plies with the enhanced energy effi-
ciency and conservation standards, or 
the green building standards, under 
section 4(b) of such Act, or both, 
and such additional credit shall be given 
based on the extent to which the housing 
supported with such purchases complies 
with such standards. 
‘‘(B) TREATMENT OF ADDITIONAL CRED-
IT.—The availability of additional credit under 
this paragraph shall not be used to increase any 
housing goal, subgoal, or target established 
under this subpart.’’. 
SEC. 7. DUTY TO SERVE UNDERSERVED MARKETS FOR EN-
ERGY-EFFICIENT AND LOCATION-EFFICIENT 
MORTGAGES. 
Section 1335 of Federal Housing Enterprises Finan-
cial Safety and Soundness Act of 1992 (12 U.S.C. 4565), 
as amended by the Federal Housing Finance Regulatory 
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Reform Act of 2008 (Public Law 110–289; 122 Stat. 
2654), is amended— 
(1) in subsection (a)(1), by adding at the end 
the following new subparagraph: 
‘‘(D) MARKETS
FOR
ENERGY-EFFICIENT 
AND LOCATION-EFFICIENT MORTGAGES.— 
‘‘(i) DUTY.—Subject to clause (ii), the 
enterprise shall develop loan products and 
flexible underwriting guidelines to facilitate 
a secondary market for energy-efficient 
and location-efficient mortgages on hous-
ing for very low-, low-, and moderate-in-
come families, and for second and junior 
mortgages made for purposes of energy ef-
ficiency or renewable energy improvements, 
or both. 
‘‘(ii) AUTHORITY TO SUSPEND.—Not-
withstanding any other provision of this 
section, the Director may suspend the ap-
plicability of the requirement under clause 
(i) with respect to an enterprise, for such 
period as is necessary, if the Director de-
termines that exigent circumstances exist 
and such suspension is appropriate to en-
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sure the safety and soundness of the port-
folio holdings of the enterprise.’’; 
(2) by adding at the end the following new sub-
section: 
‘‘(e) DEFINITIONS.—For purposes of this section, the 
following definitions shall apply: 
‘‘(1) 
ENERGY-EFFICIENT
MORTGAGE.—The 
term ‘energy-efficient mortgage’ means a mortgage 
loan under which the income of the borrower, for 
purposes of qualification for such loan, is considered 
to be increased by not less than $1 for each $1 of 
savings projected to be realized by the borrower as 
a result of cost-effective energy-saving design, con-
struction or improvements (including use of renew-
able energy sources, such as solar, geothermal, bio-
mass, and wind, super-insulation, energy-saving win-
dows, insulating glass and film, and radiant barrier) 
for the home for which the loan is made. 
‘‘(2) LOCATION-EFFICIENT
MORTGAGE.—The 
term ‘location-efficient mortgage’ means a mortgage 
loan under which— 
‘‘(A) the income of the borrower, for pur-
poses of qualification for such loan, is consid-
ered to be increased by not less than $1 for 
each $1 of savings projected to be realized by 
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the borrower because the location of the home 
for which loan is made will result in decreased 
transportation costs for the household of the 
borrower; or 
‘‘(B) the sum of the principal, interest, 
taxes, and insurance due under the mortgage 
loan is decreased by not less than $1 for each 
$1 of savings projected to be realized by the 
borrower because the location of the home for 
which loan is made will result in decreased 
transportation costs for the household of the 
borrower.’’. 
SEC. 8. CONSIDERATION OF ENERGY EFFICIENCY UNDER 
FHA MORTGAGE INSURANCE PROGRAMS AND 
NATIVE AMERICAN AND NATIVE HAWAIIAN 
LOAN GUARANTEE PROGRAMS. 
(a) FHA MORTGAGE INSURANCE.— 
(1) REQUIREMENT.—Title V of the National 
Housing Act is amended by adding after section 542 
(12 U.S.C. 1735f–20) the following new section: 
‘‘SEC. 543. CONSIDERATION OF ENERGY EFFICIENCY. 
‘‘(a) UNDERWRITING STANDARDS.—The Secretary 
shall establish a method to consider, in its underwriting 
standards for mortgages on single-family housing meeting 
the energy efficiency standards under section 4(a) of the 
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Green Resources for Energy Efficient Neighborhoods Act 
of 2009 that are insured under this Act, the impact that 
savings on utility costs has on the income of the mort-
gagor. 
‘‘(b) GOAL.—It is the sense of the Congress that, in 
carrying out this Act, the Secretary should endeavor to 
insure mortgages on single-family housing meeting the en-
ergy efficiency standards under section 4(a) of the Green 
Resources for Energy Efficient Neighborhoods Act of 
2009 such that at least 50,000 such mortgages are in-
sured during the period beginning upon the date of the 
enactment of such Act and ending on December 31, 
2012.’’. 
(2) REPORTING ON DEFAULTS.—Section 540(b) 
of the National Housing Act (12 U.S.C. 1735f– 
18(b)) is amended by adding at the end the fol-
lowing new paragraph: 
‘‘(3) With respect to each collection period that 
commences after December 31, 2011, the total num-
ber of mortgages on single-family housing meeting 
the energy efficiency standards under section 4(a) of 
the Green Resources for Energy Efficient Neighbor-
hoods Act of 2009 that are insured by the Secretary 
during the applicable collection period, the number 
of defaults and foreclosures occurring on such mort-
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gages during such period, the percentage of the total 
of such mortgages insured during such period on 
which defaults and foreclosure occurred, and the 
rate for such period of defaults and foreclosures on 
such mortgages compared to the overall rate for 
such period of defaults and foreclosures on mort-
gages for single-family housing insured under this 
Act by the Secretary.’’. 
(b) INDIAN HOUSING LOAN GUARANTEES.— 
(1) REQUIREMENT.—Section 184 of the Hous-
ing and Community Development Act of 1992 (12 
U.S.C. 1715z–13a) is amended— 
(A) by redesignating subsection (l) as sub-
section (m); and 
(B) by inserting after subsection (k) the 
following new subsection: 
‘‘(l) CONSIDERATION OF ENERGY EFFICIENCY.—The 
Secretary shall establish a method to consider, in its un-
derwriting standards for loans for single-family housing 
meeting the energy efficiency standards under section 4(a) 
of the Green Resources for Energy Efficient Neighbor-
hoods Act of 2009 that are guaranteed under this section, 
the impact that savings on utility costs has on the income 
of the borrower.’’. 
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(2) REPORTING ON DEFAULTS.—Section 540(b) 
of the National Housing Act (12 U.S.C. 1735f– 
18(b)), as amended by subsection (a)(2) of this sec-
tion, is further amended by adding at the end the 
following new paragraph: 
‘‘(4) With respect to each collection period that 
commences after December 31, 2011, the total num-
ber of loans guaranteed under section 184 of the 
Housing and Community Development Act of 1992 
(12 U.S.C. 1715z–13a) on single-family housing 
meeting the energy efficiency standards under sec-
tion 4(a) of the Green Resources for Energy Effi-
cient Neighborhoods Act of 2009 that are guaran-
teed by the Secretary during the applicable collection 
period, the number of defaults and foreclosures oc-
curring on such loans during such period, the per-
centage of the total of such loans guaranteed during 
such period on which defaults and foreclosure oc-
curred, and the rate for such period of defaults and 
foreclosures on such loans compared to the overall 
rate for such period of defaults and foreclosures on 
loans for single-family housing guaranteed under 
such section 184 by the Secretary.’’. 
(c) NATIVE HAWAIIAN HOUSING LOAN GUARAN-
TEES.— 
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(1) REQUIREMENT.—Section 184A of the 
Housing and Community Development Act of 1992 
(12 U.S.C. 1715z–13b) is amended by inserting 
after subsection (l) the following new subsection: 
‘‘(m) 
ENERGY-EFFICIENT
HOUSING
REQUIRE-
MENT.—The Secretary shall establish a method to con-
sider, in its underwriting standards for loans for single- 
family housing meeting the energy efficiency standards 
under section 4(a) of the Green Resources for Energy Ef-
ficient Neighborhoods Act of 2009 that are guaranteed 
under this section, the impact that savings on utility costs 
has on the income of the borrower.’’. 
(2) REPORTING ON DEFAULTS.—Section 540(b) 
of the National Housing Act (12 U.S.C. 1735f– 
18(b)), as amended by the preceding provisions of 
this section, is further amended by adding at the 
end the following new paragraph: 
‘‘(5) With respect to each collection period that 
commences after December 31, 2011, the total num-
ber of loans guaranteed under section 184A of the 
Housing and Community Development Act of 1992 
(12 U.S.C. 1715z–13b) on single-family housing 
meeting the energy efficiency standards under sec-
tion 4(a) of the Green Resources for Energy Effi-
cient Neighborhoods Act of 2009 that are guaran-
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teed by the Secretary during the applicable collection 
period, the number of defaults and foreclosures oc-
curring on such loans during such period, the per-
centage of the total of such loans guaranteed during 
such period on which defaults and foreclosure oc-
curred, and the rate for such period of defaults and 
foreclosures on such loans compared to the overall 
rate for such period of defaults and foreclosures on 
loans for single-family housing guaranteed under 
such section 184A by the Secretary.’’. 
SEC. 9. ENERGY-EFFICIENT MORTGAGES AND LOCATION- 
EFFICIENT 
MORTGAGES 
EDUCATION 
AND 
OUTREACH CAMPAIGN. 
Section 106 of the Energy Policy Act of 1992 (12 
U.S.C. 1701z–16) is amended by adding at the end the 
following new subsection: 
‘‘(g) EDUCATION AND OUTREACH CAMPAIGN.— 
‘‘(1) DEVELOPMENT OF ENERGY- AND LOCA-
TION-EFFICIENT
MORTGAGES
OUTREACH
PRO-
GRAM.— 
‘‘(A) COMMISSION.—The Secretary, in con-
sultation and coordination with the Secretary of 
Energy, the Secretary of Education, the Sec-
retary of Agriculture, and the Administrator of 
the Environmental Protection Agency, shall es-
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tablish a commission to develop and recommend 
model mortgage products and underwriting 
guidelines that provide market-based incentives 
to prospective home buyers, lenders, and sellers 
to incorporate energy efficiency upgrades and 
location efficiencies in new mortgage loan trans-
actions. 
‘‘(B) REPORT.—Not later than 24 months 
after the date of the enactment of this Act, the 
Secretary shall provide a written report to the 
Congress on the results of work of the commis-
sion established pursuant to subparagraph (A) 
and that identifies model mortgage products 
and underwriting guidelines that may encour-
age energy and location efficiency. 
‘‘(2) IMPLEMENTATION.—After submission of 
the report under paragraph (1)(B), the Secretary, in 
consultation and coordination with the Secretary of 
Energy, the Secretary of Education, and the Admin-
istrator of the Environmental Protection Agency, 
shall carry out a public awareness, education, and 
outreach campaign based on the findings of the com-
mission established pursuant to paragraph (1) to in-
form and educate residential lenders and prospective 
borrowers regarding the availability, benefits, advan-
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tages, and terms of energy-efficient mortgages and 
location-efficient mortgages made available pursuant 
to this section, energy-efficient and location-efficient 
mortgages that meet the requirements of section 
1335 of the Housing and Community Development 
Act of 1992 (42 U.S.C. 4565), and other mortgages, 
including mortgages for multifamily housing, that 
have energy improvement features or location effi-
ciency features and to publicize such availability, 
benefits, advantages, and terms. Such actions may 
include entering into a contract with an appropriate 
entity to publicize and market such mortgages 
through appropriate media. 
‘‘(3) RENEWABLE
ENERGY
HOME
PRODUCT 
EXPOS.—The Congress hereby encourages the Sec-
retary of Housing and Urban Development to work 
with appropriate entities to organize and hold renew-
able energy expositions that provide an opportunity 
for the public to view and learn about renewable en-
ergy products for the home that are currently on the 
market. 
‘‘(4) AUTHORIZATION
OF
APPROPRIATIONS.— 
There is authorized to be appropriated to the Sec-
retary to carry out this subsection $5,000,000 for 
each of fiscal years 2010 through 2014.’’. 
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SEC. 10. COLLECTION OF INFORMATION ON ENERGY-EFFI-
CIENT 
AND 
LOCATION-EFFICIENT 
MORT-
GAGES THROUGH HOME MORTGAGE DISCLO-
SURE ACT. 
(a) IN GENERAL.—Section 304(b) of the Home Mort-
gage Disclosure Act of 1975 (12 U.S.C. 2803(b)) is 
amended— 
(1) in paragraph (3), by striking ‘‘and’’ at the 
end; 
(2) in paragraph (4), by striking the period at 
the end and inserting a semicolon; and 
(3) by adding at the end the following new 
paragraphs: 
‘‘(5) the number and dollar amount of mort-
gage loans for single-family housing and for multi-
family housing that are energy-efficient mortgages 
(as such term is defined in section 1335 of Housing 
and Community Development Act of 1992); and 
‘‘(6) the number and dollar amount of mort-
gage loans for single-family housing and for multi-
family housing that are location-efficient mortgages 
(as such term is defined in section 1335 of Housing 
and Community Development Act of 1992).’’. 
(b) APPLICABILITY.—The amendment made by sub-
section (a) shall apply with respect to the first calendar 
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year that begins after the expiration of the 30-day period 
beginning on the date of the enactment of this Act. 
SEC. 11. ENSURING AVAILABILITY OF HOMEOWNERS IN-
SURANCE FOR HOMES NOT CONNECTED TO 
ELECTRICITY GRID. 
(a) CONGRESSIONAL INTENT.—The Congress intends 
that— 
(1) consumers shall not be denied homeowners 
insurance for a dwelling (as such term is defined in 
subsection (c)) based solely on the fact that the 
dwelling is not connected to or able to receive elec-
tricity service from any wholesale or retail electric 
power provider; 
(2) States should ensure that consumers are 
able to obtain homeowners insurance for such dwell-
ings; 
(3) States should support insurers that develop 
voluntary incentives to provide such insurance; and 
(4) States may not prohibit insurers from offer-
ing a homeowners insurance product specifically de-
signed for such dwellings. 
(b) INSURING HOMES AND RELATED PROPERTY IN 
INDIAN AREAS.—Notwithstanding any other provision of 
law, dwellings located in Indian areas (as such term is de-
fined in section 4 of the Native American Housing Assist-
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ance and Self-Determination Act of 1996 (25 U.S.C. 
4103)) and constructed or maintained using assistance, 
loan guarantees, or other authority under the Native 
American Housing Assistance and Self-Determination Act 
of 1996 may be insured by any tribally owned self-insur-
ance risk pool approved by the Secretary of Housing and 
Urban Development. 
(c) DWELLING.—For purposes of this section, the 
term ‘‘dwelling’’ means a residential structure that— 
(1) consists of one to four dwelling units; 
(2) is provided electricity from renewable en-
ergy sources; and 
(3) is not connected to any wholesale or retail 
electrical power grid. 
SEC. 12. MORTGAGE INCENTIVES FOR ENERGY-EFFICIENT 
MULTIFAMILY HOUSING. 
(a) IN GENERAL.—The Secretary of Housing and 
Urban Development shall establish incentives for increas-
ing the energy efficiency of multifamily housing that is 
subject to a mortgage to be insured under title II of the 
National Housing Act (12 U.S.C. 1707 et seq.) so that 
the housing meets the energy efficiency standards under 
section 4(a) of this Act and incentives to encourage com-
pliance of such housing with the energy efficiency and con-
servation standards, and the green building standards, 
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under section 4(b) of this Act, to the extent that such in-
centives are based on the impact that savings on utility 
costs has on the operating costs of the housing, as deter-
mined by the Secretary. 
(b) INCENTIVES.—Such incentives may include, for 
any such multifamily housing that complies with the en-
ergy efficiency standards under section 4(a)— 
(1) providing a discount on the chargeable pre-
miums for the mortgage insurance for such housing 
from the amount otherwise chargeable for such 
mortgage insurance; 
(2) allowing mortgages to exceed the dollar 
amount limits otherwise applicable under law to the 
extent such additional amounts are used to finance 
improvements or measures designed to meet the 
standards referred to in subsection (a); and 
(3) reducing the amount that the owner of such 
multifamily housing meeting the standards referred 
to in subsection (a) is required to contribute. 
SEC. 13. ENERGY-EFFICIENT CERTIFICATIONS FOR MANU-
FACTURED HOUSING WITH MORTGAGES. 
Section 526 of the National Housing Act (12 U.S.C. 
1735f–4(a)) is amended— 
(1) in subsection (a)— 
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(A) by striking ‘‘, other than manufactured 
homes,’’ each place such term appears; 
(B) by inserting after the period at the end 
the following: ‘‘The energy performance require-
ments developed and established by the Sec-
retary under this section for manufactured 
homes shall require energy star rating for wall 
fixtures, appliances, and equipment in such 
housing.’’; 
(C) by inserting ‘‘(1)’’ after ‘‘(a)’’; and 
(D) by adding at the end the following new 
paragraphs: 
‘‘(2) The Secretary shall require, with respect to any 
single- or multi-family residential housing subject to a 
mortgage insured under this Act, that any approval or cer-
tification of the housing for meeting any energy efficiency 
or conservation criteria, standards, or requirements pursu-
ant to this title and any approval or certification required 
pursuant to this title with respect to energy-conserving im-
provements or any renewable energy sources, such as 
wind, solar energy geothermal, or biomass, shall be con-
ducted only by an individual certified by a home energy 
rating system provider who has been accredited to conduct 
such ratings by the Home Energy Ratings System Coun-
cil, the Residential Energy Services Network, or such 
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other appropriate national organization, as the Secretary 
may provide, or by licensed professional architect or engi-
neer. If any organization makes a request to the Secretary 
for approval to accredit individuals to conduct energy effi-
ciency or conservation ratings, the Secretary shall review 
and approve or disapprove such request not later than the 
expiration of the 6-month period beginning upon receipt 
of such request. 
‘‘(3) The Secretary shall periodically examine the 
method used to conduct inspections for compliance with 
the requirements under this section, analyze various other 
approaches for conducting such inspections, and review 
the costs and benefits of the current method compared 
with other methods.’’; and 
(2) in subsection (b), by striking ‘‘, other than 
a manufactured home,’’. 
SEC. 14. ASSISTED HOUSING ENERGY LOAN PILOT PRO-
GRAM. 
(a) AUTHORITY.—Not later than the expiration of 
the 12-month period beginning on the date of the enact-
ment of this Act, the Secretary shall develop and imple-
ment a pilot program under this section to facilitate the 
financing of cost-effective capital improvements for cov-
ered assisted housing projects to improve the energy effi-
ciency and conservation of such projects. 
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(b) LOANS.—The pilot program under this section 
shall involve not less than three and not more than five 
lenders, and shall provide for a privately financed loan to 
be made for a covered assisted housing project, which 
shall— 
(1) finance capital improvements for the project 
that meet such requirements as the Secretary shall 
establish, and may involve contracts with third par-
ties to perform such capital improvements, including 
the design of such improvements by licensed profes-
sional architects or engineers; 
(2) have a term to maturity of not more than 
20 years, which shall be based upon the duration 
necessary to realize cost savings sufficient to repay 
the loan; 
(3) be secured by a mortgage subordinate to the 
mortgage for the project that is insured under the 
National Housing Act; and 
(4) provide for a reduction in the remaining 
principal obligation under the loan based on the ac-
tual resulting cost savings realized from the capital 
improvements financed with the loan. 
(c) UNDERWRITING
STANDARDS.—The Secretary 
shall establish underwriting requirements for loans made 
under the pilot program under this section, which shall— 
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(1) require the cost savings projected to be real-
ized from the capital improvements financed with 
the loan, during the term of the loan, to exceed the 
costs of repaying the loan; 
(2) allow the designer or contractor involved in 
designing capital improvements to be financed with 
a loan under the program to carry out such capital 
improvements; and 
(3) include such energy, audit, property, finan-
cial, ownership, and approval requirements as the 
Secretary considers appropriate. 
(d) TREATMENT OF SAVINGS.—The pilot program 
under this section shall provide that the project owner 
shall receive the full financial benefit from any reduction 
in the cost of utilities resulting from capital improvements 
financed with a loan made under the program. 
(e) COVERED ASSISTED HOUSING PROJECTS.—For 
purposes of this section, the term ‘‘covered assisted hous-
ing project’’ means a housing project that— 
(1) is financed by a loan or mortgage that is— 
(A) insured by the Secretary under— 
(i) subsection (d)(3) of section 221 of 
the National Housing Act (12 U.S.C. 
1715l), and bears interest at a rate deter-
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(1) to encourage each organization that receives 
assistance from the Council with any amounts made 
available from the Secretary to provide that any 
structures and buildings developed or assisted under 
projects, programs, and activities funded with such 
amounts complies with the energy efficiency stand-
ards under section 4(a) of this Act; and 
(2) to establish incentives to encourage each 
such organization to provide that any such struc-
tures and buildings comply with the energy effi-
ciency and conservation standards, and the green 
building standards, under section 4(b) of such Act. 
SEC. 22. RURAL HOUSING AND ECONOMIC DEVELOPMENT 
ASSISTANCE. 
The Secretary shall— 
(1) require each tribe, agency, organization, 
corporation, and other entity that receives any as-
sistance from the Office of Rural Housing and Eco-
nomic Development of the Department of Housing 
and Urban Development to provide that any struc-
tures and buildings developed or assisted under ac-
tivities funded with such amounts complies with the 
energy efficiency standards under section 4(a) of 
this Act; and 
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