Rural Star and Home Star Loan Legislation Passes House

On Sept. 16, 2010, the House of Representatives passed Rural Star and Home Star loan legislation (H.R. 4785). The Home Star Energy Efficiency Loan Program would make loans to states to support energy efficiency financing in homes. The Rural Energy Savings Program would make loans to rural public utilities and electric cooperatives to support energy efficiency financing in their customers’ homes.

Rural Star passed the House Agriculture Committee earlier this summer. According to the bill sponsors, the legislation is estimated to create 20,000 to 40,000 jobs per year.

Prior to the vote, the Alliance issued a letter of support to all Representatives. The Alliance also issued a statement following the bill’s passage.