WHILE FUNDS ARE AVAILABLE!**
New Construction Green Home Rebate Program
This is an exciting new Rebate program offering $3,000 to $6,000 to home
buyers who purchase GREEN new construction homes certified silver or better by one of the CERTIFICATION PROGRAMS approved for rebate requests, in accordance with the guidelines of the Delaware Green for Green
Program.
Delaware Green for Green (G4G) is presented by The Delaware Department of
Natural Resources and Environmental Control (DNREC),
in partnership with the Home Builders Association of Delaware (HBA/DE) with stimulus funds
administered by the Delaware Sustainable Energy Utility (SEU).
Builders must apply on behalf of their clients. The funds are paid at settlement in a check payable to the home buyer.
These funds are intended to help the new home buyer offset the cost of the
energy efficiency upgrades on their newly built home.
This check may be signed over at settlement and used towards the cash needed to
close, depending upon the conditions of the individual mortgage approval.
| Program | Certification Level
| Rebate Amount
|
|---|
| NGBS | Silver | $3,000 |
| NGBS | Gold | $5,000 |
| NGBS | Emerald | $6,000 |
| LEED | Silver or more
| $5,000 |
Note: Not all properties will qualify for this grant program, based on
location. Homes built in level 4 areas, as established by the State
Resource Maps, do not qualify. Builders may refer to the builder FAQ page for more information on these guidelines. Please
consult the Rules and Terms of this program.
** Funds are limited and reserved on a first come-first
served basis, based on the release of conditions as outlined in the
rules
and terms of the program. These funds are considered taxable income
according to the IRS. Please consult your tax professional for
guidance. 1099's will be issued.