Three of Human Good's affordable senior housing communities received a total of $26.48 million in grants under the first round of the Department of Housing and Urban Development's Green Renovation Program.
“HumanGood is honored to be the first three Philadelphia communities to receive this award,” said Vidi Anderson, HumanGood vice president of development, in a press release.
The funds went to Jackson Place, Riverside Presbyterian Apartments and Tioga Presbyterian Apartments. Out of a total of 19 properties in the U.S., these properties are the only ones in Pennsylvania to receive an overall award from HUD, Humangood noted.
“We look forward to working with HUD and our development and construction teams to focus on innovative ways to provide resources to communities and residents while adapting to an ever-changing climate,” Anderson said. Ta.
HUD awarded the first round of GRRP funding last month, providing $173.9 million in new loans and grants.
Through the GRRP, funds are available to help owners of Section 202 Senior Housing Assistance Program and other multifamily properties improve energy and water efficiency. Improve indoor air quality and sustainability. Implement the use of zero-emission power generation, low-emission building materials, energy storage, or building electrification strategies.
Katie Smith Sloan, President and CEO of LeadingAge, previously described GRRP's funding as “an important step in ensuring low-income seniors are safe and protected as the threat of climate change increases.” This is a huge step forward.”
According to HUD, GRRP is the first HUD program to simultaneously invest in energy and water efficiency, greenhouse gas emission reduction, clean energy generation, and climate resilience strategies in multifamily housing.
“I am incredibly proud of our HUD team for taking hundreds of millions of dollars from the President’s Inflation Control Act to the streets through the Green and Resilient Retrofit Program. We are directing funding to the people we serve, enabling thousands of American families to live in more resilient, efficient, and affordable communities,” said HUD Secretary Marcia L. Fudge. .