By Adam Norlander and Adam Cohen – May 2023
On May 11th, HUD launched its Green and Resilient Retrofit Program (“GRRP”) by issuing three Notice of Funding Opportunities (“NOFOs”) and HUD Notice H 2023-05 (“Implementation Guidance”). Funding for the GRRP was appropriated under the 2022 Inflation Reduction Act, which includes $837.5 million in grant funding and $4 billion in loan authority for HUD to make investments in energy or water efficiency, indoor air quality, zero-emission energy generation, low-emission building materials or processes, energy storage or climate resilience strategies in HUD Multifamily Assisted Housing. Read more.
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