Requires the department of commerce to: (1) Prioritize weatherization, energy efficiency activities, and structural repair of residential structures to facilitate the expeditious allocation of funds from federal energy efficiency programs; and

(2) Develop policies to ensure prudent, cost-effective investments are made in homes and buildings requiring energy efficiency, repair, and rehabilitation improvements that will maximize energy savings and extend the life of a home.

Allocates future distributions of energy-related federal jobs stimulus funding to strengthen certain federal energy efficiency programs and coordinates certain energy retrofit and rehabilitation improvements to increase the number of structures qualifying for assistance under these multiple state and federal energy efficiency programs.

Changes the name of the low-income weatherization assistance account to the low-income weatherization and structural rehabilitation assistance account.