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.
Smart grid initiatives seek to improve operations, maintenance and planning by making sure that each component of the electric grid can both 'talk' and 'listen.' Another major component of smart grid technology is automation.