The Recovery Act is making a long-term impact on American families and communities by reducing energy costs, creating green jobs and improving the quality of life for people across the country. That’s why on Thursday, I was proud to announce a major Recovery Act milestone for HUD and the Administration. Through HUD’s Green Retrofit Program for Multifamily Housing, which the Recovery Act created for the first time, we’ve been able to award more than $100 million to 100 affordable housing developments around the country to complete energy efficient renovations, and HUD will continue to issue the awards from now through September 30, 2010.
The 100 affordable housing developments receiving HUD funding include over 8,000 homes, and HUD anticipates that the awards will allow tenants will save over $250 each on utility bills annually.
Fonte: White House