12.12 RURAL ENERGY PLUS PROVISIONS (05/17/17)

Rural Energy Plus loans are available to eligible applicants who purchase a home that is energy efficient.

Property Eligibility

Eligibility considerations are provided when new and existing properties meet the energy-efficient criteria outlined below:

New homes built to meet the 2009 IECC standard or a subsequent comparable code as identified by the Agency;
Existing homes that meet or are retrofitted to meet the 2009 IECC standard or a subsequent comparable code as identified by the Agency;
The lender will certify the home meets the 2009 IECC standards or a subsequent comparable code. This certification will be made as part of the underwriting analysis submitted to Rural Development when requesting the Conditional Commitment for Loan Note Guarantee.