Adrianne Todman Acting Secretary of HUD | U.S. Department of Housing and Urban Development
The U.S. Department of Housing and Urban Development (HUD) has announced the closing of three transactions under the Green and Resilient Retrofit Program (GRRP). This initiative will provide funding for energy efficiency and climate resilience improvements in affordable rental homes across Wisconsin, Maryland, and New Hampshire. The investments total over $6.5 million, with $5.5 million allocated to Greenspire Apartments in Stoughton, Wisconsin; $314,268 to Foxwell Memorial Apartments in Baltimore, Maryland; and $750,000 to Concord and Royal Gardens in Concord, New Hampshire.
These efforts are part of the Biden-Harris Administration's goal to extend the benefits of America's clean energy transition to all citizens while maintaining affordable housing. All three properties involved participate in HUD’s Section 8 project-based rental assistance program aimed at supporting low-income individuals and families.
“Through the Inflation Reduction Act and the ongoing support of President Biden and Vice President Harris, HUD continues to deliver funding to modernize HUD-assisted housing and ensure these homes are resilient,” stated Adrianne Todman, HUD Agency Head. She highlighted that families residing in Stoughton, Baltimore, and Concord will gain from upgrades like new solar energy systems and HVAC replacements.
Greenspire Apartments serves 92 low-income families in Wisconsin. The owner plans to utilize GRRP funding to obtain the International Living Future Institute (ILFI) Zero Energy Certification by implementing super-insulation for the building envelope, electrifying systems using ground source heat pumps, and installing a 216kW solar array with backup battery storage.
Foxwell Memorial Apartments in Maryland provides housing for 154 low-income individuals and families. Its owner intends to use GRRP funds for a solar photovoltaic system aimed at boosting energy conservation on-site.
In New Hampshire, Concord and Royal Gardens accommodates 150 low-income families. With GRRP funding, its owner plans to install a rooftop solar array system designed to offset nearly all electricity usage across the property.
“We are pleased to complete this Green and Resilient Retrofit Program funding transaction with the owners of these three properties," remarked Ethan Handelman, Deputy Assistant Secretary for Multifamily Housing Programs. He emphasized that supporting solar energy initiatives aligns with the Inflation Reduction Act's purpose.
The GRRP is financed under the Inflation Reduction Act. It provides loans and grants for improvements at HUD-subsidized properties serving very low-income families, seniors, and persons with disabilities. Selected through distinct funding opportunities based on diverse needs nationwide, these funds aim at enhancing energy or water efficiency while improving climate resilience among other goals.
Further information about GRRP can be found on its official website.
