What does this funding get me?

This funding is for landlords of properties receiving direct Housing and Urban Development (HUD) assistance (not public housing that uses HUD vouchers). Funding is available as either grants or 1% “surplus cash” loans that are repayable only as landlords have surplus cash available. Funding is for projects that reduce energy use, specifically ones that:

  • improve energy or water efficiency, 
  • enhance indoor air quality or sustainability, 
  • implement the use of zero-emission electricity generation, low-emission building materials or processes, energy storage, or building  electrification strategies, or 
  • address climate resilience. 

There is also funding available to measure the usage and efficiency of eligible properties.

The GRRP Elements cohort provides gap financing of up to $750,000 per property for green or climate-resilient items in existing recapitalization transactions.

The GRRP Leading Edge cohort provides funding to owners with ambitious plans involving carbon reduction, renewable energy generation, use of building materials with lower embodied carbon, and resilience goals that will achieve an advanced green certification.

The GRRP Comprehensive cohort offers awards of up to $20 million for properties that are beginning their retrofit journey and have a high need for investment in energy efficiency and climate resilience.

Am I eligible?

If you are the owner of an eligible HUD-assisted multifamily property.  Eligible owners primarily include owners receiving HUD rental assistance under Multifamily Section 8 project-based rental assistance, Section 202 Supportive Housing for Low-Income Elderly, and Section 811 Supportive Housing for Low-Income Persons with Disabilities.

How can I access the money?

Register through Grants.gov. Most of HUD’s discretionary grants are only available through Grants.gov. Applicants applying for HUD funds must register with Grants.gov and create a profile.

Find more details at the links below.

What is the timeline?

Application deadlines have passed. It is not expected that there will be additional rounds unless more funding is appropriated in future legislation.

What other incentives could I use to help me accomplish my goals?

Search HUD’s Build for the Future Funding Navigator for other sources of funding

Clean Electricity Investment Tax Credit for businesses and tax-exempt entities

Weatherization Assistance Program 

In South Carolina, check out the state’s Energy Saver Tool.

Check the Database of State Incentives for Renewables & Efficiency (DSIRE) for additional incentives that may be offered by your state, local government, or utility, as well as important federal, state, and local policies. For questions regarding DSIRE, contact Justin Lindemann (NC Clean Energy Technology Center) at jplindem@ncsu.edu.

Where can I get more information?