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First Application Period for GRRP Comprehensive Awards Coming Aug. 31

Thursday, August 17, 2023 - 8:45AM

The U.S. Department of Housing and Urban Development’s (HUD’s) first application period for the Green and Resilient Retrofit Program (GRRP) Comprehensive awards closes at 11:59 p.m. ET Aug. 31. This is the third of 12 deadlines–approximately one a month–for the program. The deadlines rotate among Comprehensive, Elements and Leading Edge awards. The first application periods for Elements and Leading Edge awards were earlier this summer. GRRP provides more than $4 billion in loan authority and $840 million in grant funding for investment in clean energy initiatives at multifamily properties that receive HUD assistance. Applications submitted after the deadline are eligible for the three subsequent review periods. For details on how to apply, visit www.hud.gov/grrp.

The intersection of clean energy and affordable housing will be a topic at the Novogradac 2023 Housing Tax Credit and Bonds Conference, Sept. 28-29 in New Orleans.

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