Weatherization of Multifamily Housing: A Unique Opportunity to Help Low Income Families and Reduce Energy Consumption
Thanks to the National Housing Trust The National Housing Trust has a briefing paper on the new Weatherization money. As NHT states, the money should be targeted to preserving affordable multifamily housing. It can be an extremely important piece of financing for preservation of existing multifamily housing. The following is an excerpt from the National Housing Trust paper. The American Recovery and Reinvestment Act (ARRA) included a dramatic increase in funding for Weatherization. But many state policies will need to change for families and seniors in multifamily housing to benefit. One-third of households are renters and energy retrofits of rental housing are eligible under the Weatherization program. Older multifamily housing- which is home to many of our nation’s low and very low-income residents- is at risk from disrepair and in need of renovations. But in many states, Weatherization funding has significantly favored single-family housing. Right now, state administering agenc...