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 Press Release - 4 March 2010

WASHINGTON, DC – Oregon’s Senator Jeff Merkley and Senator Mark Pryor (D-Ark.) introduced legislation Thursday to create jobs by promoting the installation of energy-efficient renovations in commercial and multi-family residential buildings.  Merkley and Pryor were joined by Senators Debbie Stabenow (D-Mich.), Sherrod Brown (D-Ohio), Bernie Sanders (I-Vt.), and Ben Cardin (D-Md.) as original co-sponsors of the “Building Star” legislation.

By utilizing rebates and low-interest loans, the “Building Star” program leverages between two and three dollars in private investment for every federal dollar spent.

“Building Star” is similar to “Home Star,” a parallel program put forward by Senators Jeff Bingaman (D-N.M), Mark Warner (D-Va.), Bernie Sanders (D-Vt.), and Jeff Merkley (D-Ore.) that offers energy-efficiency assistance to homeowners.  President Barack Obama announced his support Tuesday for the residential property “Home Star” program, including the financing options recommended by Senator Merkley.

For the rest of the press release please see the link provided.

http://merkley.senate.gov/newsroom/press/release/?id=91632298-c9a4-4133-b678-f0e0a7232b6f