Project Grant GRRPE0061

This federal Project Grant award, provided by the U.S. Department of Housing and Urban Development (HUD) under the Green and Resilient Retrofit Program (CFDA 14.021), will fund a $639,909 rehabilitation project to improve energy efficiency, water efficiency, and climate resilience at the Lima Towers Acquisition, L.P. HUD-assisted multifamily housing property in New York, NY. The project activities include installing rooftop solar systems, converting to electric heat pumps, upgrading windows and doors, and implementing other energy-efficient and climate-adaptive technologies. These improvements are expected to reduce greenhouse gas emissions by 50% and energy consumption by at least 25% across the property. The grant award was made on November 22, 2024, with an ultimate completion date of September 30, 2028. The project aims to enhance resident quality of life, provide healthier and safer living environments, and protect the property from climate hazards.