U.S. Senators Rob Portman (R-OH) and Jeanne Shaheen (D-NH) introduced a bill to encourage energy efficiency in housing that is subsidized by the federal government. The Energy Savings and Industrial Competitiveness Act of 2015 (S. 720) authorizes the U.S. Department of Housing and Urban Development’s pay-for-success (PFS) demonstration to improve the energy efficiency of government-supported multifamily properties. The bill allows HUD to enter into PFS contracts with outside entities, which would raise private capital and work with energy service companies and others to make appropriate and economically justifiable upgrades.

The bill is co-sponsored by:

  • Ayotte, Kelly (R-NH)
  • Bennet, Michael (D-CO)
  • Cantwell, Maria (D-WA)
  • Collins, Susan (R-ME)
  • Coons, Chris (D-DE)
  • Franken, Alan ([D-MN
  • Hoeven, John (R-ND)
  • Manchin, Joe (D-WV)
  • Murkowski, Lisa (R-AK)
  • Shaheen, Jeanne (D-NH)
  • Warner, Mark (D-VA)
  • Wicker, Roger (R-MS)