HUD Grants for Green Housing Retrofit

In an effort to promote green living, the Department of Housing and Urban Development grants loan for eligible property owners to upgrade their properties. The loans are intended for green, energy-efficient retrofit investments in their property; ensuring the maintenance and preservation of the property and the sustained operation and maintenance of energy efficient technologies. The size of each grant and loan will be determined by a physical and financial analysis of each property. Participating owners will be eligible for certain incentives. The terms of the loans or grants will be subject to continued affordability agreements.

A Boon to Homeowners

This grant or loan to promote green living will benefit many existing homeowners and prospective buyers interested in a first-time home purchase in a Bay Area property. The advantages of green living are well established. Not only does it save operating costs through energy savings but also preserves scarce natural resources and offers more healthy living. Retrofitting a property to make it green compliant is a demonstration of social responsibility in protecting and preserving the environment.

Dale Warfel is an experienced Bay Area real estate agent who has been working the area for 13 years. He keeps abreast of all properties in San Jose and the surrounding neighborhoods and has a sixth sense of knowing a particular buyer’s requirement. He can be contacted at 408.624.6202. His website www.dalewarfel.com has substantial data for prospective homebuyers.