HumanGood affordable Housing Communities Awarded $26.48M

January 9, 2024—Three HumanGood affordable housing communities in Philadelphia received a total of $26.48 million in grants under the first wave of the U.S. Department of Housing and Urban Development’s (HUD) Green and Resilient Retrofit Program (GRRP). The GRRP assists HUD-supported multifamily properties to become more energy-efficient and climate resilient. The funds were awarded to Jackson Place, Riverside Presbyterian Apartments, and Tioga Presbyterian Apartments. These were the only communities in Pennsylvania awarded as part of the Comprehensive category of the GRRP in this round. The awards will help these communities meet energy and water efficiency goals and protect them from the impacts of climate change, ultimately assisting in the renovation and preservation of 329 senior affordable housing units.

“HumanGood is honored to have three of its Philadelphia communities receive this award in its first wave,” said Vidhi Anderson, vice president of development at HumanGood. “We look forward to working with HUD and our development and construction teams to focus on innovative ways to provide resources to our communities and residents while adapting to the ever-changing climate they are in.”
The award comes after HUD announced its $173.9 million in new loans and grants under the GRRP Comprehensive and Elements categories for 3,070 rental units for low-income households. This program is part of Investing in America, a Biden Administration initiative to improve affordable multifamily housing while combatting climate change.

Topics: Affordable Housing

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