The U.S. Housing and Urban Development (HUD)recently announced that 100 affordable housing developments, including 8,112 homes, around the country have been awarded more than $100 million to complete energy efficient renovations with Recovery Act funds. Some of the grants went to retrofit senior housing projects in Chicago, Illinois, Burlington, Vermont and Revere, Massachusetts. The awards are part of HUD’s Green Retrofit Program for Multifamily Housing, created for the first time through the Recovery Act. The Green Retrofit Program is providing $250 million nationally to reduce energy costs, cut water consumption, and improve indoor air quality.The 100 awards announced today will create an average energy savings of $33,000 per property, or $3.3 million annually and, on average, tenants will save over $250 each on utility bills annually.
“I am proud to announce this significant Recovery Act milestone because it is an example of HUD’s ongoing commitment to creating jobs while also building sustainable homes and communities,” said Secretary Donovan. “The Green Retrofit Program is just one example of how the Recovery Act is making a long-term impact on American families and communities by reducing energy costs, creating quality green jobs and improving the quality of life for people across the country.”
A complete list of Recovery Act Green Retrofit Program awards being issued today can be viewed in full here.