A proposal to dramatically scale back Idaho’s energy code could impact a small portion of home sales backed with loans from the federal government.
The U.S. Department of Housing and Urban Development told BoiseDev the federal government requires homes built in the last year before they are sold to someone with a loan backed by Federal Housing Administration, the USDA or the VA to meet minimum energy efficiency standards stricter than what Idaho is considering. This could mean denials, or more difficulty approving, up to 10% of FHA loans every year in Idaho and others guaranteed by the federal government.
Read the full article by Margaret Carmel – BoiseDev Sr. Reporter on the BoiseDev website.