Four POAH properties have received $23.5 million in funding under HUD's Leading Edge program that provides funding to HUD-Assisted Multifamily Housing owners with plans for ambitious retrofit activities to achieve an advanced green certification. Leading Edge is the second round of funding from the Green and Resilient Retrofit Program (GRRP) as part of President Biden’s Investing in America agenda.
Fairweather Salem Apartments in Salem, MA, Corcoran Place Apartments in Chicago, Hillside Village in Providence, and Hillcrest Village in Providence were recipients of the HUD funding. In the GRRP Leading Edge category, owners are required to commit to achieving recognized green certifications, such as PHIUS REVIVE or LEEDv4 Gold or Platinum, that will lead to significant property upgrades such as on-site solar, wind turbines, FORTFIED-rated roofing, and other substantial energy efficiency and climate resilience improvements.
According to the HUD press release,"The awards represent the Biden-Harris Administration’s commitment to ensuring America’s clean energy economy translates into investments in more housing supply, and safer, healthier housing that is resilient to climate disasters.
The Biden-Harris Administration is committed to building more affordable housing and improving the quality of life for residents living in those homes,” said HUD Secretary Marcia L. Fudge. “The Green and Resilient Retrofit Program continues to improve our nation’s climate resilience by making sure low-income families and individuals have access to affordable housing that is strong, healthy, and energy efficient. Thanks to President Biden’s Investing in America agenda and Bidenomics, this investment brings the quality-of-life benefits of clean energy homes and advances our work, preserving the affordable housing in communities for the future.”
Photo: Hillside Village Apartments in Providence, RI is one of the 4 POAH properties to receive Leading Edge funding.