June 25, 2024

HUD: More Than $142 Million Announced for Climate Resilience and Energy Efficiency Renovations in HUD-Supported Housing

As part of President Biden’s Investing in America Agenda, HUD announces new awards under the Green and Resilient Retrofit Program to combat the climate crisis, advance environmental justice, and modernize affordable housing

The U.S. Department of Housing and Urban Development (HUD) today announced more than $142 million in new grant and loan awards under its Green and Resilient Retrofit Program (GRRP), bringing the total funding awarded under this program to more than $754 million. These grants and loans from President Biden’s Inflation Reduction Act will support significant energy efficiency and climate resilience renovations in more than 2,200 homes at properties housing low-income individuals, families, and seniors. This round of awards includes the first GRRP awards being made for properties in Puerto Rico and Louisiana. The funding announced today will improve the quality of life for residents by improving indoor air quality and by making their homes more resilient to climate hazards. These awards will also increase energy and water efficiency, generate renewable energy, and improve the quality of life for residents of affordable housing. They will also reduce climate pollution and promote the use of green building materials at these properties. HUD Acting Secretary Adrianne Todman announced this new funding today in her remarks at the National Leased Housing Association Annual Meeting in Washington, D.C.

“The Biden-Harris Administration has placed a priority on improving housing and boosting energy and climate resilience. Today’s announcement provides funding to carry out both goals,” said HUD Acting Secretary Adrianne Todman. “These investments will reduce costs and improve the living conditions of the families who live in these homes.”

“These awards represent not just our ongoing commitment to improving the health and safety of the homes for low-income families, but the power of partnerships that use federal funding made available through President Biden’s Inflation Reduction Act combined with private resources to combat climate change and promote energy efficiency,” said Assistant Secretary for Housing and Federal Housing Commissioner Julia Gordon.

All of the investments announced today will advance environmental justice in line with the President Biden’s Justice40 Initiative, which sets a goal that 40 percent of the overall benefits of certain federal investments flow to disadvantaged communities that are marginalized by underinvestment and overburdened by pollution. Retrofitting these homes will reduce their carbon emissions, make them more resilient to extreme weather events, and advance the President’s housing and clean energy agenda, ensuring affordable housing stays affordable for residents and building owners across the nation.

The grants and loans announced today are the third set of awards made under the GRRP’s Comprehensive category, which provides funding to properties with the highest need for climate resilience and utility efficiency upgrades. Of the 17 properties receiving Comprehensive awards today 14 are properties participating in the HUD Section 8 project-based rental assistance program for low-income individuals and families and three properties are participating in HUD’s Section 202 project-based rental assistance program for low-income seniors. Four properties have more than 200 units, five properties have between 51-200 units, and eight properties have 50 or fewer units.

President Biden’s Inflation Reduction Act—the largest climate investment in history—established the GRRP in 2022 to fund energy efficiency and resiliency improvements for HUD’s assisted rental portfolio.
 

FACT SHEET: Green and Resilient Retrofit Program Progress to Date

Green and Resilient Retrofit Program Background Detail

The GRRP Notices of Funding Opportunity (NOFO) and additional guidance detail the multiple funding options for which property owners may apply:

Green and Resilient Retrofit Program Comprehensive 3Awards 
June 25, 2024

Property NameCityStateAward AmountAwardee
Castlewood TerraceGranada HillsCA$5,440,000Castlewood Terrace, LP
The Towers at Tower LaneNew HavenCT$20,000,000The New Haven Jewish Community Housing Corporation
Southwood Square Phase IIIStamfordCT$2,720,000Southfield Village Limited Partnership III
New Horizons ApartmentsMiamiFL$8,080,000New Horizons Preservation Associates LLLP
Alexander- Harvey Homes (formerly Wesley Plaza)Baton RougeLA$16,000,000Alexander Harvey Apartments LLC
Highland Acres ApartmentsCarthageMO$2,800,000Highland Acres Associates-I, L.P.
Summit TerraceDoniphanMO$2,880,000National Church Residences of Missouri
SouthviewDickinsonND$2,400,000Pleasant Valley Southview Apartments, LP
Marcus Garvey VillageBrooklynNY$20,000,000Marcus Garvey Preservation LLC
Eastland ManorColumbusOH$16,080,000Eastland Manor Apartments LLC
Caritas Plaza (St. Vincent DePaul Emanuel Plaza)PortlandOR$2,400,000Caritas Plaza, Inc. (St. Vincent DePaul Emanuel Plaza)
Torre Jesus Sanchez ErazoBayamonPR$8,000,000Bayamon Senior Citizen Housing Company, Inc
Good Samaritan VillageCamdenTN$3,200,000Good Samaritan Village, Inc.
Fox Hollow CommunityCovingtonTN$3,200,000United Church Residences of Covington, Tennessee, Inc.
Langley Square II AptsHamptonVA$20,000,000Langley Apartments LLC
Tamarack ApartmentsBremertonWA$6,640,000Housing Authority of the City of Bremerton
Ferndale SquareFerndaleWA$2,400,000Intercommunity Housing Ferndale
This post was originally published here.