Skip to main content
S 3402 111th Congress Senate Housing and Community Development Alternative and renewable resources Energy efficiency and conservation Government lending and loan guarantees Government trust funds Housing finance and home ownership Residential rehabilitation and home repair

REAL Act of 2010

Introduced: May 24, 2010 See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 24, 2010
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 24, 2010
Introduced in Senate
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Renewable Energy Access Through Leasing Act of 2010 or the REAL Act of 2010- Authorizes the Secretary of Housing and Urban Development (HUD) to make loan guarantees for the financing of renewable energy systems leased for residential use. Prohibits the Secretary from insuring a loan unless the renewable energy system owner certifies that the systems financed will be leased only to homeowners that grant easements to install, maintain, use and otherwise access the system that include the right to sell electricity produced during the life of the renewable energy system to a wholesale or retail electrical power grid.

Requires the Secretary to: (1) ensure that a discount given under this Act does not adversely affect the homeowner's mortgage requirements; and (2) fix and collect premiums for insurance of loans under this Act that shall be paid for by the renewable energy system owner and that shall be adequate to cover the expenses and probable losses of administering the program. Prohibits the Secretary from assessing any other fee, premium, or charge in connection with such loan insurance.

Establishes the Renewable Energy Lease Insurance Fund, into which the Secretary shall deposit any such premiums.

Terminates the Secretary's authority to insure and make commitments to insure new loans under this Act ten years after its enactment.

What's happening now May 24, 2010

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Related & companion bills 1
  • S 1379 Related bill Energy Efficiency in Housing Act of 2009
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Whitehouse, Sheldon
Rhode Island · Sep 23, 2010
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3402: REAL Act of 2010. 111th Congress. Open America. https://openamerica.io/bill/111-S-3402/
MLA
"S. 3402: REAL Act of 2010." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-S-3402/.
Bluebook (legal)
S. 3402, 111th Cong. (2026), https://openamerica.io/bill/111-S-3402/.
Markdown link
[S. 3402: REAL Act of 2010](https://openamerica.io/bill/111-S-3402/)
Report a problem