Recently in Affordable Housing Category

U.S. Housing and Urban Development Secretary Shaun Donovan today encouraged a gathering of public housing officials, energy experts, developers and architects to continue exploring innovative practices to build energy-efficient, affordable housing and communities through HUD's HOPE VI Revitalization program.

"President Obama is committed to passing comprehensive energy and climate legislation that will generate millions of jobs, reduce the threat of deadly pollution and restore America's role as a global leader in the clean energy industry," Donovan said. "Increasing energy efficiency among American's affordable housing stock is a central goal of both HUD and the Obama Administration, because it will not only create jobs, but will also lower operating costs for residents, public housing authorities and taxpayers."

Donovan was the keynote speaker at the HOPE VI Green Building and Energy Efficient Development Conference, a HUD-sponsored, 2-day conference held in Washington to train, educate and inform public housing authorities, affordable housing developers and contractors on how to plan, design, build and maintain energy efficient affordable housing communities.


Attendees attended sessions focused on the latest in environmentally-friendly or "green" technologies, construction practices and materials, financing green developments, certifications and jobs, as well as energy audits.

Housing authority development experts who are leading the way in building energy-efficient affordable housing communities included representatives from  government agencies, including the EPA to talk about its ENERGY STAR program and the Department of Energy to discuss the agency's new and emerging building technologies program. 

HOPE VI Revitalization Grants

HOPE VI Revitalization grants first awarded in 1993, have given 248 communities a combined $5.9 billion to redevelop their severely distressed public housing and to create mixed-income communities.

The program has also been credited with transforming neighborhoods and improving the quality of life for families who lived in the old developments that were often crime-ridden and drug-infested. HOPE VI recipients have the opportunity to replace the old public housing with new housing using the latest green innovations that can save both the housing authority and residents' energy expenses over time.

Portland Housing Authority shared information about

  • salvage and recycling during demolition;

  • dedicated rapid bus line;

  • storm water management;

  • Energy Star appliances

  • making green roofs standard practice at all new developments

  • solar water pre-heat systems standard in new developments. These systems save energy by using the sun to heat water for use in the home for cooking, showering or laundering clothes.

  • high-efficiency heating and cooling systems in their public housing

  • state-of-the-art ventilation and filtration systems, as part of their "Breathe Easy" program, have substantially improved indoor air quality and the health of their public housing residents.

HUD's larger goal is to make

America's housing more energy efficient.


ARRA Funding (Recovery Act) for Public Housing

In addition to the HOPE VI grants, HUD has $600 million available under the American Recovery and Reinvestment Act (Recovery Act) for public housing authorities to create more energy efficient public housing units. This is part of the $4 billion for public housing through the Recovery Act, which many housing authorities are using for energy efficient upgrades and improvements. HUD also recently entered into a partnership with the Department of Energy to make HUD public and assisted housing categorically eligible for the Department of Energy's Recovery Act weatherization funds. This partnership will allow low-income residents to weatherize their homes to increase efficiency and lower costs.

More information about HUD and its programs is available on the Internet at www.hud.gov and espanol.hud.gov.
June 2009 -- HUD is approving plans submitted by state housing finance agencies for $1,035,322,485 to jump start affordable housing programs in states throughout the country that are currently stalled due to the economic recession.

Funded through American Recovery and Reinvestment Act of 2009 (Recovery Act), HUD's new Tax Credit Assistance Program (TCAP) will allow 26 state housing finance agencies to resume funding of affordable rental housing projects across the nation while stimulating employment in the hard-hit construction trades.


The current economic and financial crises present significant challenges for the construction industry, particularly residential construction. One of the by-products of this crisis has been the freezing of investments in the low income housing tax credit (LIHTC) market. The tax credits create an incentive for investors to provide capital to developers to build multi-family rental housing for moderate- and low-income families across the nation. Since the contraction of the credit market, and as traditional investors remain on the sidelines, the value of tax credits has plummeted. Consequently, as many as 1,000 projects (containing nearly 150,000 units of housing) are on hold across the country.

In response, the Recovery Act provides $2.25 billion for TCAP, a grant program to provide capital investments in these stalled LIHTC developments. HUD is awarding these TCAP grants by formula to 52 state housing credit agencies (all 50 states plus the District of Columbia and the Commonwealth of Puerto Rico) to complete construction of qualified housing projects that will ultimately provide affordable housing to an estimated 35,000 households nationwide. Since a major purpose of this program is job creation, the Recovery Act establishes ambitious deadlines for expenditure of grant funds and requires state housing credit agencies to give priority to projects that can begin immediately and be completed by February 16, 2012.

Under this first round of TCAP funds, state housing finance agencies in the states below are receiving awards today (the remaining 26 grants will follow in the coming weeks):

Arizona
Arkansas
Connecticut
Hawaii
Idaho
Illinois
Iowa
Michigan
Minnesota
Mississippi
Nebraska
New Hampshire
New Jersey
New York
North Carolina
North Dakota
Ohio
Oregon
Puerto Rico
Rhode Island
South Carolina
South Dakota
Tennessee
Vermont
Washington
Wisconsin

HUD is the nation's housing agency committed to sustaining homeownership; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development and enforces the nation's fair housing laws. More information about HUD and its programs is available on the Internet at www.hud.gov and espanol.hud.gov.




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