HUD Announces More than $100 Million for Energy Efficiency and Climate Resilience Upgrades in 1,500 Low-Income Housing Units
The U.S. Department of Housing and Urban Development (HUD) announced the award of $103.4 million from the Inflation Reduction Act’s Green and Resilient Retrofit Program (GRRP). The GRRP provides funding for direct loans and grants to fund projects that implement low-emission building materials or processes and the use of zero-emission electricity generation, improve energy or water efficiency, enhance indoor air quality or sustainability, energy storage, or building electrification strategies, or address climate resilience, of eligible HUD-assisted multifamily properties.
Through this announcement, HUD intends to provide funding through new loans and grants to significantly renovate 1,500 low-income housing units at 16 HUD-assisted Multifamily Housing Properties to be zero energy. The funded projects are in Alabama, Iowa, Illinois, Massachusetts, Maryland, Michigan, New Mexico, Pennsylvania, Rhode Island, Wisconsin, and Washington, D.C. A full list of the projects is available here.
© 2024 Signatory Wall and Ceiling Contractors Alliance (SWACCA). All rights reserved.