The Green and Resilient Retrofit Program (GRRP) is authorized and funded by Section 30002 of the Inflation Reduction Act of 2022, (Public Law 117-169) (the “IRA”), titled “Improving Energy Efficiency or Water Efficiency or Climate Resilience of Affordable Housing.” The program seeks to amplify recent technological advancements in utility efficiency and energy generation, bring a new focus on preparing for climate hazards by reducing residents’ and properties’ exposure to hazards, and protecting life, livability, and property when disaster strikes. GRRP is the first HUD program to simultaneously invest in energy efficiency, energy generation, and climate resilience strategies specifically in HUD-assisted multifamily housing. All of the investments under the GRRP will be made in affordable housing communities serving low-income families in alignment with the Administration’s Justice 40 goals.HUD is offering GRRP funding through three separate cohorts designed to meet the different needs of HUD’s assisted multifamily portfolio.
Round One of the GRRP consists of three cohorts of awards, implemented through three parallel Notices of Funding Opportunity (NOFOs):The Elements NOFO provides modest awards designed to add proven and highly impactful climate resilience and carbon reduction measures to the construction scopes of in-progress recapitalization transactions.The Leading Edge NOFO provides funding to Owners aiming to quickly meet ambitious carbon reduction and resilience goals without requiring extensive collaboration with HUD.The Comprehensive NOFO provides funding to initiate recapitalization investments designed from inception around deep retrofits, focused on innovative energy efficiency and greening measures, renewable energy generation, use of structural building materials with lower embodied carbon, and climate resilience investments. Comprehensive Awards are designed for the widest range of properties, including those that have not yet developed a recapitalization plan.To the greatest extent feasible, these approaches will: Substantially improve energy and water efficiency, including moving properties toward net zero, zero energy ready, or zero over time energy performance; Address climate resilience, including synergies that can be achieved between efficiency and resilience investments; Enhance indoor air quality and resident health; Implement the use of zero-emission electricity generation and energy storage; Minimize embodied carbon and incorporate low-emission building materials or processes; and support building electrification.
Grant Management Associates has years of experience with opportunities like this one. Contact us today for a consultation.
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