ENERGY EFFICIENT MORTGAGES PROGRAM.

SEC. 2123. ENERGY EFFICIENT MORTGAGES PROGRAM. Section 106(a)(2) of the Energy Policy Act of 1992 (42 U.S.C. 12712 note) is amended—(1) by amending subparagraph (C) to read as follows:“(C) Costs of improvements.—The cost of cost-effective energy efficiency improvements shall not exceed the greater of—“(i) 5 percent of the property value (not to exceed 5 percent of the limit established under section 203(b)(2)(A)) of the National Housing Act (12 U.S.C. 1709(b)(2)(A); or“(ii) 2 percent of the limit established under section 203(b)(2)(B) of such Act.”; and(2) by adding at the end the following:“(D) Limitation.—In any fiscal year, the aggregate number of mortgages insured pursuant to this section may not exceed 5 percent of the aggregate number of mortgages for 1- to 4-family residences insured by the Secretary of Housing and Urban Development under title II of the National Housing Act (12 U.S.C. 1707 et seq.) during the preceding fiscal year.”.