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Biden-Harris Administration Announces More Than $279 Million in New Housing Investments

New awards will support climate resilience and energy efficiency renovations.

WASHINGTON – RealEstateRama – The U.S. Department of Housing and Urban Development (HUD) today announced nearly $279 million in awards to properties across 23 states and territories under its Green and Resilient Retrofit Program (GRRP) to support significant energy efficiency and climate resilience renovations of more than 3,500 homes. These Comprehensive grants and loans will increase energy and water efficiency, reduce climate pollution, generate renewable energy, reduce housing operating costs, promote the use of green building materials, and improve the quality of life for residents by making their homes more resilient to climate hazards. As of today, over $1.12 billion from President Biden’s Inflation Reduction Act has now been awarded to 225 properties and nearly 26,000 rental homes, to make them greener, healthier, and safer for low-income households, seniors, and persons with disabilities. With these awards, 97 percent of funds dedicated to GRRP have now been awarded. Today’s awards not only represent the largest dollar amount of grants and loans made under the program at one time to date but include 11 properties participating in HUD’s Section 202 project-based rental assistance program for low-income seniors and six Section 811 program for low-income persons with disabilities.

HUD Acting Secretary Adrianne Todman announced these grants today in Boston, MA, where HUD today awarded over $7 million for two properties to make crucial upgrades for residents.

“HUD has awarded over $1.1 billion through the Green and Resilient Retrofit Program to modernize housing for families across the country as the climate crisis continues to affect our most vulnerable communities,” said HUD Acting Secretary Adrianne Todman. “The awards announced today advance the Biden-Harris Administration’s housing and clean energy goals to ensure families we serve live in resilient, energy efficient, and comfortable homes where they can thrive.”

President Biden’s Inflation Reduction Act-the largest climate investment in history-established the GRRP in 2022 to fund energy efficiency and climate resilience improvements for multifamily properties participating in HUD’s project-based rental assistance programs This effort advances environmental justice through 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.

“This is the largest set of Green and Resilient Retrofit Program awards to date, reinforcing our continued commitment to large-scale rehabilitation measures that ensure the safety and security of the low-income residents who call HUD-assisted housing home,” said Assistant Secretary for Housing Julia Gordon. “Today’s awards will address some of the most extensive and greatly needed energy efficiency and climate resilience upgrades for low-income households to date.”

The grants and loans announced today represent the first GRRP awards in Hawaii, South Dakota, and Nebraska, and bring the total amount of funding under this program to more than $1.12 billion in 42 states, the District of Columbia, and Puerto Rico. This is the fourth and final set of awards made under the GRRP’s Comprehensive category, which provides funding to properties with the highest need for climate resilience and utility efficiency upgrades. One remaining award announcement for the GRRP Elements category is expected in the coming months.

“We are pleased that this set of awards includes the largest number of properties to date that are participating in both our project-based rental assistance programs for low-income seniors and low-income persons with disabilities,” said Ethan Handelman, Deputy Assistant Secretary for Multifamily Housing Programs. “This is exactly what GRRP was designed to do – to help fund vital protections and improve the homes and lives of some of our nation’s most vulnerable populations.”

Today’s awardees include 26 properties that participate in the HUD Section 8 project-based rental assistance program for low-income individuals and families, 11 properties in HUD’s Section 202 project-based rental assistance program for low-income seniors, and six properties that receive support through HUD’s Section 811 supportive housing for people with disabilities. Three properties have more than 200 units, 21 properties have between 51-200 units, and 19 properties have fewer than 50 units.

FACT SHEET: Green and Resilient Retrofit Program Progress to Date

  • GRRP is the first HUD program to simultaneously invest in energy efficiency, renewable energy generation, climate resilience, and low-embodied-carbon materials in HUD-assisted multifamily housing. All of the investments under the GRRP will be made in affordable housing communities serving low-income families, directly benefiting HUD-assisted housing, in alignment with the Justice40 Initiative. The Justice40 Initiative 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.
  • As of October 3, 2024, GRRP funding has been awarded to 225 properties and more than 25,940 rental homes, to make them greener, healthier, and safer for low-income households, seniors, and persons with disabilities. The projects span the range from targeted upgrades to major net-zero renovation for properties in 42 states, the District of Columbia, and Puerto Rico.
  • GRRP funding is being used for insulation, energy efficient windows and doors, heat-resistant roofs, energy efficient heating and cooling, resilience measures and other improvements.
  • Approximately 900 properties have also signed up for HUD’s free energy and water benchmarking service, funded with more than $40 million from the President’s Inflation Reduction Act, so that HUD-assisted housing property owners can better understand the energy and water consumption at their properties in relation to other similar properties. This benchmarking information can in turn be used to assess energy efficiency and water conservation upgrades that can be funded under the GRRP.

Green and Resilient Retrofit Program Background Detail

The GRRP Notices of Funding Opportunity (NOFO) and additional guidance detail the multiple funding options for which property owners may apply:

  • Elements provides funding to owners for proven and meaningful climate resilience and utility efficiency measures in projects that are already in the process of being recapitalized.
  • Leading Edge provides funding to owners with plans for ambitious retrofit activities to achieve zero energy retrofits and an advanced green certification.
  • Comprehensive provides funding to properties with the highest need for climate resilience and utility efficiency upgrades, regardless of prior development or environmental retrofit experience.

Green and Resilient Retrofit Program Comprehensive Round 4 Awards
October 3, 2024

Property Name Property City State Award Type Award Amount Sponsor
Huntsville Summit Huntsville AL Surplus Cash Loan $8,080,000 Neighborhood Concepts Inc.
Pullman Point Richmond CA Grant $15,920,000 Community Housing Development Corporation
Kings Road Apartments West Hollywood CA Grant $8,480,000 Los Angeles Community Development Authority
Aspen Court Pacheco CA Surplus Cash Loan $960,000 Resources for Community Development
Bay Bridge Housing Emeryville CA Surplus Cash Loan $480,000 Resources for Community Development
Lamont House Novato CA Grant $480,000 Cedars
Liggins Tower Denver CO Grant $5,840,000 Northeast Denver Housing Center
Lincoln Terrace Wray CO Grant $1,600,000 Wray Housing Authority
Savannah Gardens Senior Residences Savannah GA Grant $3,200,000 Mercy Housing
Ainakea Elderly Housing Project Kapaau HI Surplus Cash Loan $1,680,000 Ahe Group
Scotland Yards II Chicago IL Grant $8,480,000 Avanath Capital Management
Country Acres Apartments La Porte IN Surplus Cash Loan $8,000,000 KCG Companies
Edwardsville Court Edwardsville KS Grant $4,400,000 Young Management Corporation
St. John Berchman’s Manor New Orleans LA Surplus Cash Loan $12,000,000 Providence Community Housing
Sharlo Terrace II Baton Rouge LA Surplus Cash Loan $7,200,000 California Commercial Investment Companies
Rouquette Lodge III Mandeville LA Surplus Cash Loan $5,360,000 Archdiocese of New Orleans
Roquette IV Mandeville LA Surplus Cash Loan $5,280,000 Archdiocese of New Orleans
Bayou Galion Mer Rouge LA Surplus Cash Loan $2,560,000 Fairfield Property Management
Autumn Woods Apartments Worcester MA Grant $20,000,000 Spear Management Group
St. Botolph Terrace Boston MA Grant $4,160,000 Madison Park Development Corporation
Mei Wah Village Boston MA Surplus Cash Loan $3,280,000 Trinity Management Company
Vista Village Saint Paul MN Surplus Cash Loan $3,840,000 Common Bond Communities
East Columbia Apartments Columbia MS Grant $5,760,000 Columbia Development Program
Traceway Villas Tupelo MS Grant $2,480,000 Mississippi Methodist Senior Services, Inc.
Turner Memorial Retirement Center Leakesville MS Grant $2,400,000 Methodist Senior Services
Centennial Park Kearney NE Grant $4,000,000 The Community Builders
Prairie Estates Senior Apartments Valentine NE Surplus Cash Loan $1,280,000 California Commercial Investment Companies
Harbor View Plaza Tuckerton NJ Grant $5,760,000 Wishcamper Companies Inc.
Lord Stirling Senior Housing New Brunswick NJ Surplus Cash Loan $3,920,000 The Community Builders
Seven Greens Apartments Kingston NY Grant $11,920,000 Hallkeen Management
Jackson Towers Painesville OH Grant $19,200,000 Lake Metropolitan Housing Authority
Admiral Apartments Portland OR Grant $2,960,000 Reach Community Development
Powell Blvd Portland OR Grant $1,600,000 Reach Community Development
St. George Athenagoras (AKA St. George Senior Housing) Philadelphia PA Grant $7,520,000 St. George Senior Housing Corporation
Cobbs Creek Apartments Philadelphia PA Surplus Cash Loan $6,800,000 Winn Companies
Inglis Gardens at Germantown Philadelphia PA Surplus Cash Loan $1,120,000 Inglis
Las Americas Housing Ponce PR Grant $20,000,000 Anamar Developers Inc
Los Flamboyanes Apartments Caguas PR Grant $13,920,000 Flamboyanes
Pheasant Valley Courtyard Milbank SD Grant $4,800,000 Grow South Dakota
Riverview Tower Chattanooga TN Grant $12,880,000 Tangram Group
Countryside Village Apartments Humble TX Grant $14,560,000 National CORE
Wildwood Court Apartments Bellevue WA Grant $2,880,000 Circ Living
Pioneer Court Puyallup WA Grant $1,360,000 Catholic Community Services

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