The U.S. Department of Housing and Urban Development (HUD) today announced $173.8 million in new grant and loan awards under its Green and Resilient Retrofit Program (GRRP), bringing the total funding awarded under this program to a total of $544 million, or more than 50 percent of funding being awarded through this program. The announcement was made today by HUD Acting Secretary Adrianne Todman and Chicago Mayor Brandon Johnson at Archer Courts in Chicago, IL, which was awarded an $11.76 million grant under the program. The funds will be used by owner Jonathan Rose Companies for substantial energy efficiency renovations at this 146-unit property, which is home to low-income individuals and families.
The grants and loans announced today as part of President Biden’s Investing in America agenda will support energy efficiency and climate resilience renovations at 25 properties participating in HUD’s Multifamily project-based rental assistance programs for low-income individuals, families, and seniors. All of the investments announced today will advance environmental justice in line with President Biden’s Justice40 Initiative which sets a goal that 40 percent of the overall benefits of certain federal investments flow to disadvantaged communities that are marginalized by underinvestment and overburdened by pollution. Retrofitting these homes will reduce their carbon emissions, make them more resilient to extreme weather events, and advance the President’s housing and clean energy agenda, ensuring affordable housing stays affordable for residents and building owners across the nation. Today’s awards include the first GRRP retrofit awards for properties located in the states of Colorado, Florida, Mississippi, North Carolina, North Dakota, Oregon, and Washington.
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