Financial.assistance

tax credits and grants

Federal Tax Credits
The recently-passed federal energy bill gives homeowners tax credits for making energy-efficient improvements. Click here to find out more.

Maryland Energy Administration (MEA)
The State of Maryland offers incentive grants to residential property owners for installing geothermal heat pumps, solar energy systems and small scale wind turbines. In addition, MEA offers several programs that give community members resources to build new homes to Energy Star standards or to upgrade the energy efficiency of existing homes. Click here for more information.

mortgages

Energy Efficient Mortgages (EEM)
Buyers qualify for a higher loan amount on energy efficient homes as rated by Homes Energy Rating System (HERS). The energy bills are less expensive in these homes leaving more money to put into the mortgage payment. Energy efficient mortgages are available through various banks and federal government agencies. Check out the following links for more information:
Federal Housing Administration (FHA),
Energy Star
Alliance to Save Energy

Click here for more information.

RESNET
RESNET - The Residential Energy Services Network's (RESNET) mission is to improve the energy efficiency of the nation's housing stock and to qualify more families for home ownership by expanding the national availability of mortgage financing options and home energy ratings. RESNET is a membership 501-C-3 non-profit organization. http://www.natresnet.org/programs/training/become.htm