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HUD & DOE Team Up to Support Multifamily Energy Savings

The U.S. Department of Energy (DOE) and the U.S. Department of Housing and Urban Development (HUD) have partnered to expand the Better Buildings Challenge to the multifamily residential sector. The Challenge will now support residential, as well as, commercial and industrial building owners by providing technical assistance and proven solutions to energy efficiency. The program also provides a forum for matching Partners and Allies to enhance collaboration and problem solving in energy efficiency. Participating residential building owners and managers will commit to reducing energy consumption by at least 20 percent over 10 years, which can lead to an annual energy savings of almost 350 trillion Btu. The expansion of the Better Buildings Challenge program is part of President Obama's Climate Action Plan, and recognizes the role that increased energy efficiency can play in reducing carbon pollution, fostering healthy communities, and improving the financial stability of housing assets. For more information, please go to the U.S. Department of Energy's link.

Multifamily Better Buildings Challenge Incentive: Allowable Management Add on Fees Multifamily Memorandum