HUD Publishes Updated Guidance For Solar Programs For Residents
The adjustments facilitate the broader utilization of solar program advantages for residents of assisted housing due to the impact of the Inflation Reduction Act.
The Updated guidance was issued for the Public Housing Authorities (PHAs) and property owners participating in Multifamily assisted housing programs regarding the presence of on-site solar facilities by the Department of Housing and Urban Development. HUD updated this guidance to enable the program participants to understand and implement policies regarding participation in solar programs so that residents can benefit from these clean energy programs due to President’s Biden investment in the America Agenda.
HUD Secretary Marcia L. Fudge said, “At a time when people are struggling to make ends meet, all while dealing with the existential threat of climate change, President Biden’s Investing in America agenda is making solar programs a reality for low-income and working families that need it most. This updated guidance reinforces that all communities deserve to participate in America’s growing clean energy economy. Under this guidance, HUD will help more communities build a healthier and cleaner future for all.”
The updated guidance covers programs via which residents can benefit from electricity generated by solar panels. There are also some expansions in the updated guidance such as guidance for Public Housing Authorities to use solar credits for building accounts and stating for properties participating in multifamily housing programs.
The current publications underscore HUD’s and the Biden-Harris Administration’s dedication to enhancing the quality and resilience of HUD-assisted housing, addressing the climate crisis, and promoting equitable economic development and environmental justice. HUD also took actions like updating Public Housing Guidance on agreements for use and publishing public housing guidance for solar credits.
HUD also announced that the new funds will be available on May 11, 2023, via the Green and Resilient Retrofit Program (GRRP) to reduce greenhouse gas emissions and bring a significant improvement in the climate resilience of HUD-assisted multifamily properties. The announcement was made by Marcia L. Fudge to the President of clean energy and implementation John Podesta.
HUD was given $837.5 Million in grant and loan subsidy funding by the Inflation Reduction Act for this new program. The legislation allocates $42.5 million for a forthcoming HUD initiative aimed at gathering and evaluating energy and water consumption data from HUD-assisted multifamily housing properties. This initiative aims to identify ways to save energy, reduce costs, and lower emissions. This initiative aligns with President Biden’s Investing in America agenda, focusing on rebuilding the economy inclusively and sustainably.
Last Updated: September 20, 2021