GREEN Act of 2010

[AI summary unavailable — showing source text] Green Resources for Energy Efficient Neighborhoods Act of 2009 or the GREEN Act of 2009 - Directs the Secretary of Housing and Urban Development (HUD) to establish annual energy efficiency participation incentives for HUD programs to achieve substantial improvements in energy efficiency. Establishes: (1) basic HUD energy efficiency and conservation standards, including green building standards, for residential single family or multifamily structures; and (2) an energy efficiency and conservation demonstration program for multifamily housing projects assisted with project-based rental assistance. Amends the Housing and Community Development Act of 1992 to require the Director of the Federal Housing Finance Agency (FHFA) to assign an additional housing credit for compliance with Federal Mortgage Insurance Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) housing goals for energy-efficient and location-efficient mortgages. Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to require Fannie Mae and Freddie Mac to develop loan products and flexible underwriting guidelines to facilitate a secondary market for energy-efficien…