Adrianne Todman, Deputy Secretary | https://www.hud.gov/leadership#sec
The U.S. Department of Housing and Urban Development (HUD) is marking the two-year anniversary of President Biden’s Inflation Reduction Act, signed into law on August 16, 2022. The act represents the largest investment in clean energy and climate action to date, aiming to save families money on housing and energy bills while protecting them from climate-related disasters such as storms, floods, fires, and extreme heat. It also aims to create numerous well-paying jobs.
“Under the Biden-Harris Administration, HUD has delivered hundreds of millions of dollars in Inflation Reduction Act funding to help tens of thousands of families across the country by supporting green energy and climate resilience upgrades to their homes,” said HUD Acting Secretary Adrianne Todman. “Today's announcement will add to HUD's continued efforts to repair homes across the country, ensuring residents have access to safe, sustainable, affordable housing.”
Through this act, HUD received nearly one billion dollars for grants and loans aimed at increasing energy efficiency and climate resilience in assisted rental properties. The Green and Resilient Retrofit Program (GRRP) has already allocated $773 million to projects nationwide, benefiting over 20,000 low-income rental homes. This program seeks to create healthier and more climate-resilient communities while advancing economic and environmental justice—a core value of the Biden-Harris Administration’s approach to addressing climate change.
The GRRP is notable for its comprehensive focus on energy efficiency, greenhouse gas emissions reductions, energy generation, green housing initiatives, and climate resilience strategies specifically targeting multifamily housing supported by HUD. These investments align with President Biden’s Justice40 Initiative which aims for 40% of certain federal investments' benefits to flow into disadvantaged communities that face historical underinvestment.
“Thanks to its IRA funding, the Green and Resilient Retrofit Program is enabling energy efficiency and climate resilience upgrades in the homes of those who for too long have been overlooked when it comes to investments in safe and sustainable housing,” said Assistant Secretary for Housing Julia Gordon. “The Green and Resilient Retrofit Program shows the power of federal funding under the Biden-Harris Administration to make a real and lasting difference for residents, for communities, and for the planet.”
Additionally funded by the Inflation Reduction Act is HUD’s Multifamily Benchmarking Initiative. This initiative offers no-cost benchmarking services allowing owners of eligible properties to assess their energy and water consumption effectively. Over 900 properties are participating in this initiative aimed at reducing utility costs while promoting sustainability.
In September 2023, HUD introduced its first-ever Funding Navigator tool. This interactive resource enables users to browse through billions of dollars available under both the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL). It helps potential applicants sort funding opportunities based on various criteria including audience type, activity type, location among others—facilitating better utilization of resources towards carbon reduction efforts.
