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.

ACES IQ Reference Materials