The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing Programs has completed a $750,000 grant transaction with Wesley Living of Tennessee to enhance the Woodland Homes apartment community in Lexington, Tennessee. The Green and Resilient Retrofit Program (GRRP) funding will support energy efficiency and climate resilience renovations at the property.
HUD Acting Secretary Adrianne Todman stated, “Supporting sustainable and affordable homes for all is at the core of our mission,” emphasizing the importance of investments in climate resilience for communities nationwide.
Deputy Assistant Secretary for Multifamily Housing Programs Ethan Handelman expressed satisfaction with the completion of the funding transaction, highlighting the benefits of upgrading the property and enhancing residents' living conditions.
The GRRP, funded under the Inflation Reduction Act, aims to improve HUD-subsidized properties serving low-income families, seniors, and persons with disabilities by enhancing energy efficiency, water efficiency, indoor air quality, and climate resilience.
HUD has awarded $544.4 million in GRRP funding to improve properties across 38 states and the District of Columbia, benefiting over 12,600 rental homes. The program focuses on a range of upgrades, from in-progress recapitalization efforts to major net-zero renovations, with a goal to preserve affordable housing units in the long term.
