House Approves $6 Billion Home Star Program

The U.S. House of Representatives announced their passing of the Home Star program bill, also known as ‘Cash for Caulkers,’ earlier this month. Hopefully, this will pass the Senate soon, as it will be a huge boost for the building & remodeling industry.

From CNN Money, May 6, 2010:

House lawmakers on Thursday approved a $6 billion measure that aims to provide rebates to homeowners who invest in energy efficiency improvements — but not without a fight from Republicans.

The bill, officially known as the Home Star Energy Retrofit Act but better known as “cash for caulkers,” has been touted by President Obama since December as one of the signature pieces of his administration’s larger job-creation strategy.

The act “is a common-sense bill that will create jobs, save consumers money, and strengthen our economy,” President Obama said after the House passed the measure. “We have workers eager to do new installations and renovations, and factories ready to produce new energy-efficient building supplies.”

You can read the rest of the story here: “House approves $6 billion ‘cash for caulkers’

For more information on the Home Star program, here is a fact sheet from the White House website.

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