HUD Announces Over $37 Million in Support for New Yorkers During Apartment Repairs

The U.S. Department of Housing and Urban Development (HUD) has exciting news for New York City residents. The New York City Housing Authority (NYCHA) is getting more than $37 million to help keep things running smoothly for its residents while their homes are being fixed up. 

This money, called Tenant Protection Vouchers, is part of HUD's effort to make sure people come first, even during repair work. Plus, NYCHA has also received $7.5 million recently to get rid of lead paint in their buildings.

HUD's Acting Secretary, Adrianne Todman, shared this great news during her visit to an affordable housing complex in Brooklyn managed by NYCHA. She talked about how HUD is doing its best to make housing more affordable for people with lower incomes. This includes making homes more energy-efficient and encouraging the use of clean energy, like solar power, which can save money on electricity bills and make homes better for the environment.

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Secretary Todman also mentioned HUD is starting new efforts to help even more families use solar energy to save on costs. The government recognizes that solar power is good for both the planet and people's wallets, and it's working hard to make sure families with lower incomes can enjoy these benefits.

Thanks to teamwork within HUD, and with help from President Biden and Vice President Harris, public housing and apartment buildings for many families are getting solar energy faster. A boom in solar energy installations across the U.S. has been seen, with over five million already in place, reducing electricity bills for many. 

With the Inflation Reduction Act, there's been a big push for clean energy, which includes making it easier and more affordable to get solar panels for homes.

To help public housing authorities get more out of solar power, HUD is changing an old rule that didn't let properties keep the money they saved from using solar energy. Now, properties can keep all the money they save when they use solar power along with certain energy-saving contracts. This change aims to encourage more solar projects in public housing.

Additionally, HUD is working with Fannie Mae, Freddie Mac, and others to make it simpler to put solar panels on apartment buildings. This includes finding ways to cut costs and make paperwork easier, so more buildings can have solar power without too much hassle.

HUD is also updating its advice on how solar energy can benefit people living in HUD-supported homes, making sure they get to enjoy the savings from solar projects.

Lastly, HUD is putting $770 million into upgrading over 20,000 homes. The aim is to use clean energy, like solar, to make these homes better for the environment and cheaper to live in. This effort is all about creating homes that are healthy, affordable, and ready for the future, in line with the Biden-Harris Administration's commitment to fight climate change and make sure everyone has a decent place to live.

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