The Environmental Protection Agency (EPA) released an implementation framework for its new Greenhouse Gas Reduction Fund (GGRF), which will invest $27 billion to finance projects that reduce greenhouse gas emissions and air pollution. The National Council of State Housing Agencies blogpost identifies several activities within the framework related to affordable housing:
- $14 billion National Clean Investment Fund and $6 billion Communities Investment Acceleration competitions: EPA identifies three priority project categories that “are particularly impactful to achieving the GGRF program objectives,” including decarbonization retrofits of existing buildings. One specific example cited in the framework within this category of priority project is “grid-interactive appliance electrification in affordable multifamily housing alongside energy efficiency, indoor air quality improvements and solar.
- $7 billion Solar for All competition: EPA identifies residential solar facilities “that support individual households, master-metered facilities and/or common areas in multifamily buildings” and associated “infrastructure to store solar-generated power for the purposes of . . . maximizing residential solar deployment” as eligible activities.
