The Green and Resilient Retrofit program aims to reduce vulnerability to climate challenges and improve energy efficiency in multifamily buildings.
“The U.S. Department of Housing and Urban Development (HUD) on Thursday announced an investment of $173.9 million in loans and grants under the Green and Resilient Retrofit Program’s (GRRP) ‘comprehensive’ and ‘elements’ categories, designed to increase resilience against climate challenges and energy efficiency,” reports Chris Clow in Housing Wire.
The funding will support 30 multifamily affordable housing properties with over 3,000 rental units. The awards include a HUD-provided contractor with experience in green building and retrofits. According to a HUD statement, “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.”
Read the full story: HUD to invest $174 million for climate resiliency in multifamily
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