H.R. 5004 · 113th Congress
Multifamily Housing Energy Efficiency Improvement Act of 2014
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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
HimesSponsor6 cosponsors · 6 D
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Multifamily Housing Energy Efficiency Improvement Act of 2014 - Requires the Department of Housing and Urban Development (HUD) to analyze and report on the relationship between energy savings improvements to homes and buildings, utility and energy expenses, and mortgage performance. Directs HUD to make the results of the analysis publicly available.
What it does: CRS summary · Introduced in House · Jun 26, 2014
Multifamily Housing Energy Efficiency Improvement Act of 2014 - Requires the Department of Housing and Urban Development (HUD) to analyze and report on the relationship between energy savings improvements to homes and buildings, utility and energy expenses, and mortgage performance. Directs HUD to make the results of the analysis publicly available.
Requires HUD and the Federal Housing Finance Agency to evaluate departmental procedures and policies to assess if they accurately reflect the energy expenses and benefits of energy savings improvements for homeowners and building owners.
Amends the National Housing Act to revise provisions concerning mortgage insurance by establishing a green refinancing program for multifamily housing projects to increase the amount of mortgage loans that may be insured to finance the cost of residential energy conservation measures.
Requires HUD to carry out a Multifamily Housing Energy Innovation Plan to make grants to establish or expand an energy savings plan that will result in at least a 20% reduction in the energy, water, or gas consumption of multifamily housing.
Authorizes HUD to waive during the next five years any requirement regarding the eligibility of multifamily properties for an existing risk-sharing agreement entered into under multifamily mortgage credit programs, if the waiver facilitates the adoption of energy or water conservation measures in the properties.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Multifamily Housing Energy Efficiency Improvement Act of 2014
Latest action (Jun 26, 2014): Referred to the House Committee on Financial Services.
Policy area: Housing and Community Development · Origin: House · Introduced: Jun 26, 2014
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.