The Department of Housing and Urban Development (HUD) is awarding $69.1 million to support significant energy-efficiency renovations in almost 2,000 homes.
The funding is being made under the Leading Edge cohort of the Green and Resilient Retrofit Program (GRRP).
These Leading Edge 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.
“HUD has awarded over $840 million through the Green and Resilient Retrofit Program to modernize housing for families across the country,” said Adrianne Todman, HUD acting secretary. “The awards announced today advances the Biden-Harris administration’s housing and clean energy goals to ensure Americans have access to affordable homes that are resilient to extreme weather events and energy efficient to reduce carbon emissions.”
The latest grants and loans are the first in Vermont and Wyoming and bring the total amount of funding under this program to more than $842 million in 39 states, the District of Columbia, and Puerto Rico. This is the fourth and final set of awards made under the GRRP’s Leading Edge category.
All 11 of the properties receiving Leading Edge awards participate in the HUD Section 8 project-based rental assistance program for low-income individuals and families. Two properties have more than 200 units, eight properties have between 51 and 200 units, and one property has fewer than 50 units.
Green and Resilient Retrofit Program Leading Edge Round 4 Awards
September 5, 2024
Property Name | Property City | State | Award Type | Award Amount | Developer |
Courtview Towers | Florence | AL | Surplus Cash Loan | $10,000,000 | Fairstead |
Pleasant View Apartments | Fresno | CA | Surplus Cash Loan | $3,600,000 | American Community Developers |
North Hill Farms II | Pontiac | MI | Grant | $10,000,000 | American Community Developers |
Woodlen Place Apartments | Kansas City | MO | Surplus Cash Loan | $3,600,000 | Preservation of Affordable Housing |
Northgate II | Camden | NJ | Grant | $5,640,000 | Fair Share Housing Development |
Crafton Towers | Crafton | PA | Grant | $6,180,000 | Action Housing |
Gulfway Manor | Corpus Christi | TX | Surplus Cash Loan | $7,000,000 | Vitus |
Summit at Lexington Square Apartments | Gainesville | TX | Grant | $6,000,000 | ZG Cos. |
Round Barn Apartments | Grand Isle | VT | Grant | $1,440,000 | Evernorth |
Mid-Columbia Manor dba Smith Tower | Vancouver | WA | Surplus Cash Loan | $10,000,000 | Manor Management |
Parkside | Gillette | WY | Surplus Cash Loan | $5,640,000 | Lincoln Avenue Communities |