Improving Energy Efficiency or Water Efficiency or Climate Resilience of Affordable Housing
To provide grants and direct loans to fund projects 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 of an eligible property.
Applicant and/or Project Eligibility Requirements
Eligible recipients generally include owners or sponsors of federally assisted housing properties; requirements may be waived by the Secretary
This program is a flexible resource for decarbonizing affordable housing properties to improve health, safety, and efficiency of structures. This program will also likely fund forms of weatherization that can improve the health and comfort of eligible residents.
This program can be used to increase the resilience and efficiency of affordable housing properties, reducing bills and risk for low-income residents.
Direct loans may be converted to grants for recipients who agree to extended periods of affordability for their properties