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Search Results: keywords:"property valuation"

  • H. R. 8402, also known as the "GREEN Appraisals Act of 2024," requires that borrowers be informed about energy efficiency appraisals when applying for a residential mortgage loan. The bill mandates that lenders must include information about energy reports, which assess the...

    Simple Explanation

    This bill is about checking how much energy a home uses when someone wants to get a home loan. It says banks have to tell appraisers about a home's energy usage and let them use this information to help decide how much the house is worth.

  • S. 5529 authorizes the Secretary of the Army to transfer a parcel of land at Fort Bliss, Texas, to El Paso Water. This land includes the Kay Bailey Hutchison Desalination Plant and additional acreage, and it is intended for use in stormwater flood control. El Paso Water will...

    Simple Explanation

    The bill lets the Army give a piece of land in Texas to El Paso Water so they can use it to help with floods. In return, El Paso Water will pay for the land, either with money or by doing helpful things like providing water services.