HUD SECRETARY DONOVAN ANNOUNCES THAT OVER 8,000 AFFORDABLE HOMES WILL BECOME MORE ENERGY EFFICIENT AS A RESULT OF THE FIRST 100 RECOVERY ACT GREEN RETROFIT AWARDS

WASHINGTON, DC – August 20, 2010 – (RealEstateRama) — U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced today a major Recovery Act milestone: 100 affordable housing developments, including 8,112 homes, around the country have been awarded more than $100 million to complete energy efficient renovations with Recovery Act funds. These renovations will not only generate many necessary upgrades to thousands of affordable apartments, but they will also create jobs and save money for thousands of residents. A complete list of Recovery Act Green Retrofit Program awards being issued today can be viewed in full here.


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U.S. Department of Housing and Urban Development (HUD) is the nation’s housing agency committed to increasing homeownership, particularly among minorities; 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.

Contact:

Brian Sullivan
(202) 708-0685

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