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ghosthunter

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The Recovery Act includes $13.61 billion for projects and programs administered by the Department of Housing and Urban Development, nearly 75 percent of which was allocated to state and local recipients on February 25, 2009 – only eight days after President Obama signed the Act into law. Recovery Act investments in HUD programs will be not just swift, but also effective: they will generate tens of thousands of jobs, modernize homes to make them energy efficient, and help the families and communities hardest hit by the economic crisis. The remaining 25 percent of funds will be awarded via competition in the coming months. Additional guidance on the implementation of all funds will be routinely provided on this website.

Promoting Energy Efficiency and Creating Green Jobs

These investments are powerful vehicles for economic recovery because they work quickly, are labor-intensive, create jobs where they are needed most, and lead to lasting neighborhood benefits. Many will also reduce greenhouse gas emissions and save Americans money by retrofitting housing to make it more energy efficient.

  • Public Housing Capital Fund: $4 billion invested in energy efficient modernization and renovation of our nation's critical public housing inventory.
  • Native American Housing Block Grants: $510 million invested in energy efficient modernization and renovation of housing maintained by Native American housing programs, and the development of sustainable communities.
  • Assisted Housing Energy Retrofit: $250 million invested in energy efficient modernization and renovation of housing of HUD-sponsored housing for low-income, elderly, and disabled persons.
  • Lead Hazard Reduction: $100 million invested in lead based paint hazard reduction and abatement activities.

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