Energy Efficient Mortgages Hit the Road
Energy Efficient Mortgages Hit the Road
Expert Energy Program Loan Officers Stephen Ponce-Pore and Valerie Copenhaver offer free sessions throughout Southwest Colorado
The Four Corners Office for Resource Efficiency (4CORE) is teaming up with The New Community Coalition (TNCC) and Uncompahgre Valley Regional ENERGY STAR® for New Homes to bring two speakers to Southwest Colorado. Speakers will discuss an approach to rejuvenating the housing market and a way to take a full percentage point off a 30 year mortgage.
The free session, titled, “How to Finance an Energy Efficient Home Purchase or Renovation,“ will likely offer continuing education credits for real estate professionals (approval pending). In addition, anyone thinking about building or remodeling is encouraged to attend, including homeowners, builders, and appraisers.
“We are excited to be taking the Energy Saving Mortgage program state-wide and hope that other banks will participate with us in all aspects of green lending,” said Stephen Ponce-Pore, Energy Programs Manager and Loan Officer for the Bank of Colorado, and one of the presenters.
Valerie Copenhaver, from Wells Fargo Bank, also presenting, adds, “We are hoping to demonstrate the value these mortgages can bring to someone using energy efficient or renewable techniques in either a renovation or new home construction.”
Topics will include consumer motivations, recent demographics for buyers of energy efficient and renewable energy homes, common methods for improving energy efficiency, financing, loan types, interest rates, impact on consumers, the impact of loan term, appraising energy efficient properties, residential renovations , solar financing/leasing/power purchase agreements/energy services companies.
A total of four sessions are offered:
- November 3rd at 12:00 PM at First National Bank of Durango in Durango, RSVP to [email protected].
- November 3rd at 5:30 PM at Pagosa Lakes Clubhouse in Pagosa Springs, RSVP to [email protected].
- November 4th from 10 – 12 AM at Telluride’s Wilkinson Public Library, RSVP to [email protected].
- November 4th from 3:30-5:30 PM the Montrose Holiday Inn Express, 1391 South Townsend, RSVP to [email protected].
This presentation tour is funded by an ENERGY STAR® New Home grant program through the Governor’s Energy Office. Call 4CORE at 970-259-1916, email [email protected], or go to www.fourcore.org for more information.
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About 4CORE
The Four Corners Office for Resource Efficiency (4CORE) is non-profit organization that provides coalition-building and cooperation to help reduce the community’s energy use and promote renewable energy resources. 4CORE’s mission is to promote resource conservation, energy efficiency, and the use of clean, renewable sources of energy in order to decrease the emission of pollutants, protect public health and strengthen the economy. It benefits from the generosity of its four major funding partners: La Plata County, BP America, La Plata Electric Association and the city of Durango. More information can be found at www.fourcore.org.
About TNCC
The New Community Coalition was formed in 2007 to implement sustainability efforts in San Miguel county. TNCC coordinates and manages efforts that contribute to balanced regional sustainability. These efforts encompass the three tenants of sustainability: Natural Resources and Ecology, Society and Culture, and Local Economy. In addition to the role of coordinating entity, our annual work plan emphasizes energy conservation (including enhanced green building standards), renewable energy, food security, waste reduction, environmentally responsible waste disposal and recycling programs, economic resilience and relocalization efforts.
About Uncompahgre Valley Regional ENERGY STAR® for New Homes
The Uncompahgre Valley Regional ENERGY STAR® for New Homes program is a grant project supported by the Governor’s Energy Office (GEO). The grantee is the Delta-Montrose Electric Association (DMEA). Grant partners include EnergyWise Companies and Balanced Construction, a Montrose, Colorado -based home builder. The program, through marketing and education, supports the regional construction and testing of new energy efficient single-family homes built to ENERGY STAR® qualifications. Support is provided by DMEA, the Focus on Resource Efficiency (FORE) Alliance, home builders, home energy raters, and real estate professionals.
