Section 15.155.240. Eligible dwelling unit.

	(a)  An existing dwelling unit, other than a newly constructed dwelling unit that has been occupied for less than one year, is eligible for a subsidy under the program for the purchase of an eligible product.  
	(b)  A dwelling unit, newly constructed, not previously mortgaged, and rated according to the Home Energy Rating System described in 15 AAC 155.510 - 15 AAC 155.560 as receiving an 89 point or higher energy rating based on energy rating software approved by the corporation is eligible for a principal buy-down on a loan.  
	(c)  An existing dwelling unit whose energy rating in accordance with the Home Energy Rating System described in 15 AAC 155.510 - 15 AAC 155.560 will be improved by proceeds of a loan is eligible for a principal buy-down on that loan.  
	(d)  A dwelling unit for which a subsidy has been provided under this program or for which a rebate has been provided under the Home Energy Rating Rebate Program in 15 AAC 155.300 - 15 AAC 155.350 is ineligible.  

Authorities

18.56.088;18.56.410;18.56.850

Notes

Authority

AS 18.56.088 AS 18.56.410 AS 18.56.850 Editor's note: Even though the amendment of 15 AAC 155.240 was effective 4/3/2013, it was not published until Register 209, April 2014.

History

Eff. 5/7/93, Register 130; am 4/3/2013, Register 209

References

15.155.240