Report: Impact of energy efficiency on VA home loans
“Mr. Sahadi took the results of the FSEC analysis and looked at the potential mortgage impact implications of a new HERS rated, energy-efficient home versus an older nonenergy efficient home. The results of this analysis found that a home with a HERS Index Score of 61 generated significant ‘additional buying power’ from $13,000 to over $24,000 with the same income and downpayment. This additional buying power would allow a VA borrower to gain the energy savings and health benefits of a high energy performance new home with lower housing costs than an older, less efficient home.”
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About the Author
Jeff Carroll is a trusted leader in workforce and affordable housing who has spent his career building communities that balance efficiency, affordability, and long term stability. He leads Allen & Associates Consulting and helped launch the Workforce Housing Development Corporation, guiding projects that use innovative construction methods and mission aligned financing. With thousands of consulting assignments completed nationwide and degrees from Clemson and Harvard, Jeff brings deep technical insight and steady strategic vision to every project he supports.
This post highlights the grand opening of Buchanan’s Crossing, a fully accessible mixed income community serving veterans and seniors in Kansas City, Kansas. Project sponsors, city leaders, lenders, investors, future residents, and the construction team gathered to celebrate the completion of the first phase. The development will ultimately include forty two and three bedroom duplex units and required a major off site sanitary sewer improvement, including a one hundred forty four foot bridge that supports utilities for the project and future growth in the area. Jeff Carroll and Bob Hughes addressed attendees before the ribbon cutting and walk through, marking an important milestone for the community.