Country:United States
Policy status:Ended
Date Effective:2009
Policy Type:Economic Instruments>Fiscal/financial incentives>Loans, Economic Instruments>Fiscal/financial incentives>Grants and subsidies
Policy Target:Buildings>Residential
Agency:US Department of Housing and Urban Development (HUD)
Funding:USD 250 million (out of USD 2.25 billion made available for assisted housing)

Assisted Housing Stability and Energy and Green Retrofit provides grants or loans through HUDs Office of Affordable Housing Preservation (OAHP) for energy retrofits and "green" investments to property owners receiving project-based assistance. Incentives may be provided for owners to undertake energy or green retrofits as a part of such grant or loan terms, including, but not limited to, fees to cover investment oversight and implementation by the owner, or to encourage job creation for low-income or very low-income individuals. Physical and financial analyses of the property determine the size of each grant and loan, which the receiving property owner must spend within two years.

Last modified: Tue, 09 Jun 2015 18:20:58 CEST