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Auditing and Audit Committee Policy free essay sample
Outer Audit Team Subject: Internal Control Weakness and related extortion hazard After much examination and time spent on understanding the ...
Tuesday, October 8, 2019
LISC Essay Example | Topics and Well Written Essays - 750 words
LISC - Essay Example While insulation principally diminishes conductive heat movement, weatherization mainly decreases convective heat movement (U.S Department of Energy). Weatherization has turned out to be gradually more high-profile when the outlays for house heating escalated. The United States Weatherization Assistance Program (WAP) was launched in 1976 to assist modest-income households to trim down their energy use and the associated expenses. Weatherization Assistance Program runs across each of the fifty states, the Native American tribes and the District of Columbia. The objective of Program is to support the low-income household units by dropping bills accrue form energy consumption and reduce dependence on overseas oil by cutting down energy utilization (U.S Department of Energy). The United States Department of Energy approximates that an excess of 5.6 million households have been weatherized, with a 30.5 million MBtu energy saved every year. It approximates the weatherization proceeds of 2.69 dollars for every dollar used up on the program, realized in energy and non-energy benefits. Households whose houses were weatherized are projected to record 358 dollars in savings on their debut year's service bills. The department of energy allocated funds to all the American states under the 2009 Recovery Act. New York received the largest share of funds award, after being awarded 197,343,256 dollars. Other notable states with sizable awards are Texas with 163,487,866 dollars, Ohio with 133,390,705 dollars, Pennsylvania with 126,396,531 dollars, Michigan with 121,699,488 and Illinois with 121,263,310 dollars. The states that received minor awards are Hawaii with 2,020,730 dollars, District of Columbia 4,044,511 dollars and miscellaneous regions like American Samoa a nd Guam. The total fund in dollars awarded to the states under the 2009 Recovery Act is 2,364,375,000 (U.S Department of Energy). NYS has the largest Weatherization Assistance Program. The program obtains financial support from the United States Energy plus Health and Human Services Departments. In 2007/08 around 55 million dollars was allotted to 64 community organizations, which offer the weatherization services. Every part of the NY State is qualified or entitled to weatherization assistance. The programs service providers are chosen in a yearly State scheduling procedure. The greatest amount of funding is restricted to 4,500 dollars for every unit. The Program in addition helps decrease energy expenses of affordable housing, aided by additional programs overseen by the Division of Housing & Community Renewal (DHCR). Developers of affordable housing, property supervisors, and other society development organizations are persuaded to get in touch with their neighborhood Weatherization providers for additional information (New York State Division of Housing & Community Renewal). Weatherization program providers can be local government units, community non-profit making organizations, counties or community action agencies. To qualified, providers ought to show the capability to manage the program, and must possess an impeccable proof of having provided service to the community. Household units having modest incomes of 60 percent or below of the New York state median income are entitled to get program assistance. The services are accessible to both renters and homeowners, with precedence granted to the senior citizens, households with young
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