Green Affordable Housing

1. HUD’s Mark-to-Market Green Initiative: In partnership with HUD’s Office of Affordable Housing Preservation (OHAP), the Alliance currently provides green building implementation assistance through the Department’s Mark-to-Market (M2M) Green Initiative. The Alliance will develop a common framework for integrating green, efficient and healthy housing recommendations into the HUD property condition assessment protocol, thereby providing HUD and its program implementation contractors with enhanced tools and resources that facilitate the decision-making process to ‘go green’.

 

Additional information: HUD’s M2M Green Initiative is nationwide pilot to encourage owners and purchasers of affordable, multifamily properties to rehabilitate and operate their properties using sustainable Green Building principles. HUD's Mark-to-Market (M2M) Program was authorized by Congress to address concern about the rising costs of rent subsidies in HUD’s Section 8 multifamily housing program. To contain the rising costs of rental subsidies while preserving the viability of the properties, the M2M program authorizes HUD to reduce rents to market levels on Section 8 properties financed with HUD (FHA) insured mortgages.

 

2. LINC Housing Corporation: In partnership with LINC Housing Corporation, a nonprofit affordable housing agency located in Long Beach, California, the Alliance is currently engaged in providing green property condition assessments for select LINC properties as well as a sustainability plan for the organization. The sustainability plan will incorporate technologies and options identified through property specific assessments and will formalize these into specifications making the purchase of green, efficient equipment and upgrades routine across LINC Housing’s existing properties.

 

For additional information about LINC Housing Corporation available here.

 

Meet the Green Affordable Housing Pilot Advisory Committee.

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