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California seeks to lift federal block on energy-saver program

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California seeks to lift federal block on energy-saver program

Post  ianadds on Thu Jul 15, 2010 10:28 am

California seeks to lift federal block on energy-saver program
http://www.latimes.com/business/la-fi-0715-pace-20100714,0,7409804.story

California is suing the federal government to stop it from derailing a program that allows homeowners to finance solar panels and other energy-saving improvements through their property tax bills.

Atty. Gen. Jerry Brown on Wednesday filed suit in federal court in Oakland against Fannie Mae, Freddie Mac and their regulatory agency, the Federal Housing Finance Agency, which have effectively shut down the financing vehicle in California.

The Federal government is holding the money..waiting for the market to crash, labor cost to debase, then they will come in like knights on white horses..

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Re: California seeks to lift federal block on energy-saver program

Post  isabel on Thu Jul 15, 2010 11:10 am

good catch Ian

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