Green and Resilient Retrofit Program (GRRP) Leading Edge
The GRRP Leading Edge cohort provides funding to owners with ambitious plans involving carbon reduction, renewable energy generation, use of building materials with lower embodied carbon, and resilience goals through achieving an advanced green certification. Development teams must be able to leverage other financing sources without extensive technical assistance from HUD. GRRP will provide up to $10 million per property or $60k per unit for construction and transaction costs associated with achieving the qualifying green certification. Owners are responsible for the balance of rehab costs.