Date: 10/03/2024
Type: Implementation of IRA
On October 3, 2024, HUD announced that it awarded $279 million in grants and loans for 43 properties across 23 states under the Green and Resilient Retrofit Program (GRRP). GRRP is a direct loan and grant program, which was created and funded by IRA section 30002 to support projects that would improve the energy efficiency and climate resilience of the recipient-properties. These awards are for the Comprehensive cohort under GRRP for “properties with the highest need for climate resilience and utility efficiency upgrades, regardless of prior development or environmental retrofit experience.”