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MN HF3966
Bill
Status
3/19/2018
Primary Sponsor
Frank Hornstein
Click for details
AI Summary
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Expands eligible purposes for energy conservation rehabilitation loans to include central air conditioner repair, maintenance, or replacement and air source or geothermal heat pump repair, maintenance, or replacement.
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Authorizes loans for installation of on-site solar energy or energy storage systems in addition to traditional energy conservation measures.
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Maintains requirement that loans be made only when private financing is not otherwise available on equivalent terms and conditions.
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Allows loans to be integrated with utility on-bill repayment programs approved under section 216B.241, subdivision 5d.
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Removes income limitations for borrowers seeking energy conservation loans for existing housing.
Legislative Description
Energy conservation loan purposes expanded.
Last Action
Author added Maye Quade
3/26/2018