The U.S. Department of Housing and Urban Development (HUD) has awarded nearly $23 million to a dozen organizations as part of a pilot program to bring energy-saving solutions to the multifamily housing market.
According to HUD, the grant recipients are affordable housing providers, technology firms, academic institutions and philanthropic organizations that will test new approaches to implement and to pay for energy-saving upgrades that may become the model for financing these "retrofits" on a wider scale in the future. The federal grants are directly leveraging an additional $60 million in philanthropic, local and private capital.
Read more...MortgageOrb: Content / Commercial Mortgage / HUD Program Seeks Energy Efficiency In Multifamily Housing
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