The Nebraska Energy Office is offering 2.5 percent Dollar and Energy Saving Loans through eligible Nebraska lenders for the construction of single family, detached ENERGY STAR® Five Star Plus homes. ENERGY STAR qualified homes meet or exceed the state's energy code by 30 percent or more and are independently verified for energy efficiency set by the U.S. Environmental Protection Agency.
These homes save money on utility bills, provide comfortable living with better indoor air quality and help protect the environment. Potential borrowers have the option to choose a conventional construction loan or self finance the construction. Long-term permanent financing is also available.
The Energy Office's written approval of the construction plans prior to the start of construction is required. Construction loans of up to $417,000 at 2.5percent interest for 12 months are available from any participating Dollar and Energy Saving Loan lender in the state. Reduced fixed interest rate mortgage loans for up to 30 years are available through Tecumseh Federal Bank.
"Homebuyers are increasingly more interested in green building practices and energy efficiency is the place to start," said Neil Moseman, Director of the Energy Office. "ENERGY STAR qualified homes can include a variety of tried and true energy-efficient features that contribute to improved home quality, homeowner comfort and to lower energy demand."
ENERGY STAR 5 Star Plus homes typically feature higher levels of properly installed insulation, high-performance windows, tight construction and ducts, efficient heating and cooling equipment and ENERGY STAR appliances, lighting and water heaters.
The first step to building an ENERGY STAR 5 Plus Star Home is to have a Certified Home Energy Rater complete a rating of the construction plans provided by the designer and builder to verify the most appropriate energy saving features have been included in the home.
More information on the Nebraska Energy Efficient Housing Loans is at http://www.neo.ne.gov/loan/index.html.
-Wendy Harrison
These homes save money on utility bills, provide comfortable living with better indoor air quality and help protect the environment. Potential borrowers have the option to choose a conventional construction loan or self finance the construction. Long-term permanent financing is also available.
The Energy Office's written approval of the construction plans prior to the start of construction is required. Construction loans of up to $417,000 at 2.5percent interest for 12 months are available from any participating Dollar and Energy Saving Loan lender in the state. Reduced fixed interest rate mortgage loans for up to 30 years are available through Tecumseh Federal Bank.
"Homebuyers are increasingly more interested in green building practices and energy efficiency is the place to start," said Neil Moseman, Director of the Energy Office. "ENERGY STAR qualified homes can include a variety of tried and true energy-efficient features that contribute to improved home quality, homeowner comfort and to lower energy demand."
ENERGY STAR 5 Star Plus homes typically feature higher levels of properly installed insulation, high-performance windows, tight construction and ducts, efficient heating and cooling equipment and ENERGY STAR appliances, lighting and water heaters.
The first step to building an ENERGY STAR 5 Plus Star Home is to have a Certified Home Energy Rater complete a rating of the construction plans provided by the designer and builder to verify the most appropriate energy saving features have been included in the home.
More information on the Nebraska Energy Efficient Housing Loans is at http://www.neo.ne.gov/loan/index.html.
-Wendy Harrison
posted by ktorpy @ 9:28 AM
