Biden Administration to Allocate Over $830 Million for Energy Efficiency in Low-Income Housing

The Biden administration announced it is providing more than $830 million to help make low-income housing energy efficient using funds from the Inflation Reduction Act that passed last year.

The White House said in a release Thursday that the Department of Housing and Urban Development (HUD) is making the money available through a funding notice for the Inflation Reduction Act’s Green and Resilient Retrofit Program, which makes investments in energy and water efficiency, reducing greenhouse gas emissions, generating clean energy, and implementing climate strategies in multifamily housing.

The program is designed to simultaneously address climate change and reduce costs for households.

Read the source article at thehill.com