The U.S. Department of Housing and Urban Development (HUD) has opened $837.5 million in funding and up to $4 billion in loan authority through the Green and Resilient Retrofit Program (GRRP). Created under the Inflation Reduction Act, GRRP is a grant and loan program for HUD-assisted multifamily properties to reduce greenhouse gas emissions, improve energy and water efficiency, and strengthen climate resilience.

With the understanding that low-income households face a disproportionately high energy burden and are most vulnerable to climate change impacts, GRRP is designed to make HUD-assisted affordable housing properties more sustainable and resilient, helping residents save money on utility bills and enjoy healthier spaces with better air quality.

Properties already receiving HUD multifamily assistance under Section 8 project-based rental assistance, Section 202, Section 811 or specified other small programs are eligible for GRRP funding through one of three cohorts, with options for grants or low-cost loans.

Read More at U.S. Green Building Council

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