HUD recently released a Request for Information in the Federal Register to obtain public input regarding the development of its Green and Resilient Retrofit Program (GRRP). When implemented, the GRRP will provide grant and loan funding to facilitate retrofits of properties participating in its Multifamily assisted housing programs to make them more energy efficient, healthier, and resilient in the face of natural disasters and climate change. Eligible properties will include those participating in the Section 8 Project-based Rental Assistance, Section 202 Supportive Housing for Low-Income Elderly, and Section 811 Supportive Housing for Low-Income Persons with Disabilities programs.
One level deeper: President Biden’s Inflation Reduction Act provided $1 billion in funding to HUD’s Office of Multifamily Housing Programs to implement the GRRP, as well as to support benchmarking of water and energy use in Multifamily assisted housing properties. The request for information seeks input on specific questions, including:
What you need to know: The GRRP is expected to result in multiple rounds of funding from HUD to support energy and water efficiency retrofits and climate resilience of HUD-assisted multifamily properties.
The IRA’s $1 billion funding for HUD includes $837.5 million for loans and grants to fund projects that improve energy or water efficiency, enhance indoor air quality or sustainability, implement the use of zero-emission electricity generation, low-emission building materials or processes, energy storage, or building electrification strategies, and/or address climate resilience and $42.5 million for energy and water benchmarking of the HUD-assisted multifamily portfolio along with associated data analysis and evaluation at the property and portfolio level, and the development of information technology systems necessary for the collection, evaluation, and analysis of such data.