{"id":29080,"date":"2023-12-22T10:32:26","date_gmt":"2023-12-22T15:32:26","guid":{"rendered":"https:\/\/www.carh.org\/?p=29080"},"modified":"2023-12-27T10:35:10","modified_gmt":"2023-12-27T15:35:10","slug":"hud-173-9-million-in-new-loans-and-grants-awarded-through-green-and-resilient-retrofit-program-comprehensive-and-elements","status":"publish","type":"post","link":"https:\/\/www.carh.org\/hud-173-9-million-in-new-loans-and-grants-awarded-through-green-and-resilient-retrofit-program-comprehensive-and-elements\/","title":{"rendered":"HUD: $173.9 Million in New Loans and Grants Awarded Through Green and Resilient Retrofit Program Comprehensive and Elements"},"content":{"rendered":"<p><em>On December 21, 2023, HUD&#8217;s Office of Multifamily Housing sent out the following information:<\/em><\/p>\n<p><span data-contrast=\"auto\">Dear Multifamily Owners and Operators,<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p>Today we have awarded approximately $173.9 million in grant funding and loan commitments under the\u00a0<a href=\"https:\/\/www.hud.gov\/grrp\" target=\"_blank\" rel=\"noopener\"><span data-ccp-charstyle=\"Hyperlink\">Green and Resilient Retrofit Program<\/span><\/a><span data-ccp-charstyle=\"normaltextrun\">\u00a0(GRRP) to\u00a0support energy efficiency, electrification, clean energy, low embodied carbon materials, and climate resilience improvements in 30 HUD-assisted multifamily properties that include 3,070 rental homes for low-income individuals and families. See the\u00a0<a href=\"https:\/\/www.hud.gov\/press\/press_releases_media_advisories\/HUD_No_23_284?utm_medium=email&amp;utm_source=govdelivery\" target=\"_blank\" rel=\"noopener\">p<\/a><\/span><a href=\"https:\/\/www.hud.gov\/press\/press_releases_media_advisories\/HUD_No_23_284\" target=\"_blank\" rel=\"noopener\">ress release.<\/a><\/p>\n<p><span data-ccp-charstyle=\"normaltextrun\">These investments will help tackle the climate crisis and support equitable economic development in American communities as part of President Biden\u2019s Investing in America agenda and historic environmental justice agenda. GRRP grant and loan funding announced today will improve the quality of life for residents by expanding energy efficiency, reducing climate pollution, generating renewable energy, promoting the use of green building materials, improving indoor air quality, and enhancing climate resilience.<\/span><\/p>\n<p>The GRRP Notices of Funding Opportunity (NOFO) and additional guidance detail the multiple funding options for which property owners may apply:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.hud.gov\/GRRP\/elements\" target=\"_blank\" rel=\"noopener\">Elements<\/a>\u00a0provides funding\u00a0<span data-contrast=\"none\">to<\/span><span data-contrast=\"none\">\u00a0owners to include proven and meaningful climate resilience and utility efficiency measures in projects that are already in the process of\u00a0<\/span><span data-contrast=\"none\">being recapitalized<\/span><span data-contrast=\"none\">.<\/span><\/li>\n<li><a href=\"https:\/\/www.hud.gov\/GRRP\/leadingedge\" target=\"_blank\" rel=\"noopener\">Leading Edge<\/a>\u00a0provides funding to owners with plans\u00a0<span data-contrast=\"none\">for\u00a0<\/span><span data-contrast=\"none\">ambitious retrofit activities to achieve an advanced green certification<\/span><span data-contrast=\"none\">.<\/span><\/li>\n<li><a href=\"https:\/\/www.hud.gov\/GRRP\/comprehensive\" target=\"_blank\" rel=\"noopener\">Comprehensive<\/a>\u00a0provides funding\u00a0<span data-contrast=\"none\">to\u00a0<\/span><span data-contrast=\"none\">properties with the highest need for climate resilience and utility efficiency upgrades, regardless of prior development or environmental retrofit experience<\/span><span data-contrast=\"none\">.<\/span><\/li>\n<\/ul>\n<p>Property owners are\u00a0<span data-ccp-charstyle=\"normaltextrun\">encouraged to\u00a0<\/span><span data-ccp-charstyle=\"normaltextrun\">continue to submit applications for\u00a0<\/span><span data-ccp-charstyle=\"normaltextrun\">grant awards or loans in any of the\u00a0<\/span><span data-ccp-charstyle=\"normaltextrun\">three\u00a0<\/span><span data-ccp-charstyle=\"normaltextrun\">categories<\/span><span data-contrast=\"none\">.\u00a0HUD is\u00a0<\/span><span data-contrast=\"none\">accepting applications<\/span><span data-contrast=\"none\">\u00a0under one category each month\u00a0for the duration of\u00a0funding\u00a0availability.\u00a0HUD expects to announce awards<\/span>\u00a0<span data-contrast=\"none\">regularly<\/span>\u00a0<span data-contrast=\"none\">throughout\u00a0<\/span><span data-contrast=\"none\">202<\/span><span data-contrast=\"none\">4.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On December 21, 2023, HUD&#8217;s Office of Multifamily Housing sent out the following information: Dear Multifamily Owners and Operators,\u00a0 Today we have awarded approximately $173.9 million in grant funding and loan commitments under the\u00a0Green and Resilient Retrofit Program\u00a0(GRRP) to\u00a0support energy efficiency, electrification, clean energy, low embodied carbon materials, and climate resilience improvements in 30 HUD-assisted&hellip;<\/p>\n","protected":false},"author":263,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_cbd_carousel_blocks":"[]","footnotes":""},"categories":[1],"tags":[],"class_list":["post-29080","post","type-post","status-publish","format-standard","hentry","category-uncategorized","category-1","description-off"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts\/29080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/users\/263"}],"replies":[{"embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/comments?post=29080"}],"version-history":[{"count":1,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts\/29080\/revisions"}],"predecessor-version":[{"id":29081,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts\/29080\/revisions\/29081"}],"wp:attachment":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/media?parent=29080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/categories?post=29080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/tags?post=29080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}