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Oregon to receive $38 million in ARRA Weatherization funds

The American Recovery and Reinvestment Act (ARRA) authorizes $5 billion nationally in Weatherization funding. $38 million of those funds will come to Oregon. The money will be distributed through local CAP agencies and up to half of the money is designated for multifamily housing. We are working on a list of all eligible properties with contact numbers for the appropriate CAP agency. Check back soon for an update.

— Posted on 5/27/2009

HUD releases application for Green Retrofit Program for federally subsidized housing projects

As part of the American Recovery and Reinvestment Act, HUD is offering funds through their new Green Retrofit Program. The Green Retrofit Program offers grants and loans of up to $15,000 per unit for properties funded with HUD 202, 811, or 515 loans, and those with a Project Based Section 8 contract. Projects must have a minimum number of units in order to qualify. Application deadline is June 30, 2009. Click here to read a summary of the program prepared by LISC or click here to download the full HUD notice.

— Posted on 5/27/2009