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 Smart Grid. Maybe you have heard of the Smart Grid on the news or from your energy provider. But not everyone knows what the grid is, let alone the Smart Grid. The grid, refers to the electric grid, a network of transmission lines, substations, transformers and more that deliver electricity from the power plant to your home or business. Itâs what you plug into when you flip on your light switch or power up your computer.