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HUD Announces $18 Million in Green and Resilient Retrofit Program Awards to Support Energy Efficiency in Multifamily-Assisted Properties

Wednesday, September 13, 2023 - 12:00PM

The U.S. Department of Housing and Urban Development (HUD) today announced it awarded about $18 million in grant funding and loan commitments under the Green and Resilient Retrofit Program (GRRP) to owners of properties participating in HUD-assisted multifamily housing programs. The awards will help fund upgrades for 28 multifamily properties with more than 3,400 HUD-assisted multifamily rental homes. The GRRP was funded under the Inflation Reduction Act to invest in energy efficiency, energy generation and climate resilience strategies in multifamily housing. Additional GRRP rounds will be awarded throughout 2023 and 2024.

HUD hot topics will be discussed at the Novogradac 2023 Housing Tax Credit and Bonds Conference in New Orleans, Sept. 28-29.

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