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= New Post

Green Blog

Green Retrofit Program for Multifamily Housing

By FAF Staff Writer, (240 words) Posted in Green Building on September 2, 2009
There are (24) comments permalink

Last May, Secretary Donovan announced the release of approximately $250 million toward Recovery Act funding. This would be distributed as grants and loans through the US Department of Housing and Urban Development (HUD). The prime objectives of the Green Retrofit Program for Multifamily Housing are:

  • To improve the operation of properties with a reduction in utility expenses
  • To create green collar jobs
  • To benefit the health of residents
  • To benefit the environment via energy reduction

It is estimated that around 25,000 apartment units will benefit with improved energy efficiency as a result of this initiative. In addition, several thousand green collar jobs would be created by way of workers required to retrofit the old federally funded multi–family apartment developments with a new generation of energy efficient technology.

Eligible applicants, who must already be under conditional HUD assistance, can receive up to $15,000 per residential unit. This amount will be spent on reducing energy costs, cutting water consumption and improving indoor air quality.

Private landlords and property management companies will also benefit by installing more efficient heating and cooling systems, replacing water faucets and toilets thereby cutting heating and air–conditioning costs and reducing the use of water. Special emphasis is being placed on the use of recycled building materials, low VOC products and reflective roofing.

Secretary Donovan and the HUD are committed to maintaining the highest level of transparency in administration of the program. Every American should be assured that their tax dollars are being properly spent. Such related information can be accessed at the HUD’s Recovery website.

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Comments (24)

anonymous posted on: September 5, 2009

I just wonder what costs more in the end, replacing faucets, fixtures, light bulbs, appliances etc or the energy they use? It seems $250 million is a hell of a lot of money to spend when I doubt the energy savings will ever equal that! What happens to all the old materials? Do they end up in our landfills? Next they will spend a few hundred million more cleaning out the landfills they helped fill. No wonder this country is broke! Oh yes, and don't ever break one of those "green" light bulbs....pretty sure HazMat needs to be called to clean it up!

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