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HUD   >   Recovery   >   Programs   >   Green Retrofit Program for Multifamily Housing

Green Retrofit Program for Multifamily Housing


Program Description
Grants and loans will be made available through HUD’s Office of Affordable Housing Preservation (OAHP) for eligible property owners to make energy and green retrofit investments in the property, to ensure the maintenance and preservation of the property, the continued operation and maintenance of energy efficiency technologies, and the timely expenditure of funds. Physical and financial analyses of the properties will be conducted to determine the size of each grant and loan. Incentives will be made available to participating owners. The terms of the grants or loans will include continued affordability agreements. Grant and loan funds must be spent by the receiving property owner within two years. Full detail of how to apply, and grant and loan terms, will be published in a Housing Notice on May 13, 2009. The Catalog of Federal Domestic Assistance (CFDA) number for this program is 14.318.
Process for Making Awards
Full detail of how to apply, and grant and loan terms, will be published in a Housing Notice on May 13, 2009.
Eligible Applicants
Owners of properties receiving project-based assistance pursuant to section 202 of the Housing Act of 1959 (12 U.S.C. 17012), section 811 of the Cranston- Gonzalez National Affordable Housing Act (42 U.S.C. 8013, or Section 8 of the United States Housing Act of 1937, as amended (42 U.S.C. 1437f).


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"Because of the steps we took, there are about two million Americans working right now who would otherwise be unemployed...The plan that has made all of this possible, from the tax cuts to the jobs, is the Recovery Act."

- President Barack Obama
Promoting Energy Efficiency and Creating Green Jobs



Supporting Shovel-Ready Projects and Assisted Housing Improvements



Promoting Stable Communities and Helping Families Hardest Hit by the Economic Crisis