All electronic applications for the Green Retrofit Program for Multifamily Housing received through Aug 23, 2009 will be allocated or waitlisted according to the regional and property type (“section of the act”) limitations as described in Housing Notice 09-02, Section IV.A.; all applications received beginning August 24, 2009 will be waitlisted without regard to regional or property type limitations.
Program Description
Grants and loans will be made available through HUD’s Office of Affordable Housing Preservation (OAHP) for eligible property owners to make energy and green retrofit investments in the property, to ensure the maintenance and preservation of the property, the continued operation and maintenance of energy efficiency technologies, and the timely expenditure of funds. Physical and financial analyses of the properties will be conducted to determine the size of each grant and loan. Incentives will be made available to participating owners. The terms of the grants or loans will include continued affordability agreements. Grant and loan funds must be spent by the receiving property owner within two years. Full detail of how to apply, and grant and loan terms, will be published in a Housing Notice on May 13, 2009. The Catalog of Federal Domestic Assistance (CFDA) number for this program is 14.318.
Process for Making Awards
Full detail of how to apply, and grant and loan terms, will be published in a Housing Notice on May 13, 2009.
Eligible Applicants
Owners of properties receiving project-based assistance pursuant to section 202 of the Housing Act of 1959 (12 U.S.C. 17012), section 811 of the Cranston- Gonzalez National Affordable Housing Act (42 U.S.C. 8013, or Section 8 of the United States Housing Act of 1937, as amended (42 U.S.C. 1437f).
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