2 comments | Monday, July 12, 2010
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Well it is now official. The MPower program in Placer County, CA is officially stopped indefinitely. This was a great idea that just couldn’t make it. The MPower energy efficient program would lend you money to do certain energy efficient and you would pay it back with your tax bill, twice a year. There was basically no income qualifying but you had to have equity in your home.
The lenders did not want to give approval for the Mpower lien to go in front of their lien. The MPower loan would be a tax lien so it would have priority over the existing loans.
So for now, it is officially discontinued. That is really too bad. A great program and a great idea.
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