By combining the construction funds with your home mortgage, an FHA 203(k) loan limits your loan closing costs because itâs just one loan that provides you the necessary funds to buy a home and make the desired repairs or improvements. An FHA 203(k) loan simplifies the home renovation process. FHA 203(k) loans are backed by the federal government, and are typically given to buyers who want to purchase a home and perform upgrades, repairs, remodel or customize to their needs and wants.
Part of the Smart grid glossary: Smart grid is a generic label for the application of computer intelligence and networking abilities to a dumb electricity distribution system.
The U.S. federal government is also investing in a so-called smart grid that employs digital technology to more efficiently manage energy resources. The smart grid project also will extend the reach of the grid to access remote sources of renewable energy like geothermal power and wind farms [source: DOE]. In this article, we will look at all of the equipment that brings electrical power to your home and what kinds of glitches can cause a blackout.