CFPB: Final Rule Issued to Protect Homeowners on Solar Panel Loans and Other Home Improvement Loans Paid Back Through Property Taxes
Lenders offering ‘PACE products’ banned from setting borrowers up to fail on clean energy and disaster readiness loans Today, the Consumer Financial Protection Bureau (CFPB) finalized a rule mandated by Congress that applies existing residential mortgage protections to Property Assessed Clean Energy (PACE) loans. PACE loans are used by homeowners for clean energy upgrades and disaster readiness…
HUD: $3.2 Million Invested to Improve Housing for Savannah Families
HUD highlights significant climate resilience and energy efficiency renovations. Today, the U.S. Department of Housing and Urban Development (HUD) highlighted a $3.2 million award to Savannah Gardens Senior Residences in Savannah, Georgia under its Green and Resilient Retrofit Program (GRRP) to support significant energy efficiency and climate resilience renovations for more than 39 rental homes. This Comprehensive grant will…
HUD: $750,000 Invested to Modernize Rental Homes for Waldorf, MD Families
Newly closed Green and Resilient Retrofit Program transaction will fund crucial repairs and energy efficiency and climate resilience improvements. Today, the U.S. Department of Housing and Urban Development’s (HUD) announced the closing of a $750,000 transaction to help finance energy efficiency and climate resilience improvements for affordable rental homes in Waldorf, MD, home to 204…
HUD: More Than $279 Million in New Housing Investments Announced
New awards will support climate resilience and energy efficiency renovations. The U.S. Department of Housing and Urban Development (HUD) today announced nearly $279 million in awards to properties across 23 states and territories under its Green and Resilient Retrofit Program (GRRP) to support significant energy efficiency and climate resilience renovations of more than 3,500 homes. These Comprehensive grants…
HUD: Over $1.1 Million Invested to Modernize Senior Housing in Baltimore
Two recently closed transactions will fund repairs and energy efficiency and climate resilience improvements. Today, the U.S. Department of Housing and Urban Development’s (HUD) announced the closing of two transactions, totaling $1.1 million, to help finance repairs and energy efficiency and climate resilience improvements at two multifamily properties in Baltimore, Maryland, home to 143 seniors….
HUD: New Resources Announced to Retrofit and Weatherize Affordable Homes in America
HUD releases new guidance and updated tools to ensure benefits of President Biden’s Inflation Reduction Act and Bipartisan Infrastructure Law reach all affordable housing communities Today, the U.S. Department of Housing and Urban Development (HUD) announced the availability of new guidance and resources to support the rapid retrofitting and weatherization of America’s affordable housing stock….
HUD: Agency Joins Federal Agencies and AmeriCorps to Expand Workforce Training for Clean Energy Jobs
Memorandum of Understanding will advance the Biden-Harris Administration’s American Climate Corps and strengthen workforce pipeline to good-paying clean energy jobs The U.S. Department of Housing and Urban Development (HUD) today announced it is signing onto the Memorandum of Understanding (MOU) between the Departments of Commerce, the Interior, Agriculture, Labor, Energy, the Environmental Protection Agency and…
HUD: Agency Commits to Protect Households Across the Nation from Extreme Heat
New and updated HUD resources advance Biden-Harris Administration’s Justice40 Initiative and strengthen efforts to mitigate impacts of extreme weather events Across the country, tens of millions of Americans are experiencing the effects of extreme weather events. As the impacts of extreme weather events intensify, President Biden and Vice President Harris is delivering on the most…
HUD: More Than $5 Million in New Investments Announced for Camden, NJ
New awards will support climate resilience and energy efficiency renovations. On Monday, September 9, 2024, U.S. Department of Housing and Urban Development (HUD) Acting Secretary Adrianne Todman traveled to Camden, New Jersey, to announce a $5,640,000 grant to Northgate II, a 402-unit affordable housing development in North Camden, to support significant energy efficiency and climate…
HUD: $69 Million in New Investments Announced
New awards will support climate resilience and energy efficiency renovations. The U.S. Department of Housing and Urban Development (HUD) today announced $69.1 million in awards to properties across 10 states under its Green and Resilient Retrofit Program (GRRP) to support significant energy efficiency and climate resilience renovations in almost 2,000 homes. These Leading Edge grants and loans will increase…