The Department of Housing and Urban Development (HUD) hosted a webinar to discuss the agency’s new landmark funding program to rehabilitate affordable Multifamily Housing programs for energy efficiency and climate resilience, called the Green and Resilient Retrofit Program (GRRP).
HUD published three Notices of Funding Opportunity (NOFOs) for the GRRP, totaling $837.5 million in grant funding and $4 billion in loan authority through HUD. The funding is targeted for HUD’s Multifamily Housing programs, including project-based Section 8, Section 202, Section 236, and Section 811 properties.
HUD estimates that hundreds of properties will receive the new funding, covering tens of thousands of households. LeadingAge is pleased to see many LeadingAge proposals incorporated into HUD’s GRRP program announcement and will continue working with HUD and our affordable senior housing members to improve green and resilient efforts across the affordable housing portfolio.
More information, including an analysis of the funding opportunities, is available here. HUD’s recorded webinar is available here. HUD is also continuing to host office hours to help answer stakeholder questions.