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 Multifamily Stakeholders,
We're pleased to announce the availability of HUD’s Office of Multifamily Housing Programs new energy and water benchmarking service available without cost to owners of properties participating in our eligible Multifamily project-based rental assistance programs. Funded under the Biden-Harris Administration’s landmark Inflation Reduction Act, this new service is designed to help owners understand their energy and water usage and identify where they can make upgrades for the greatest cost savings.
By participating in this initiative, property owners will receive personalized support in assessing the efficiency of their buildings for up to four years. HUD’s contractor, Leidos, will support property owners and management by contacting utilities on their behalf to access the necessary energy and water use data and providing recommendations for cost and energy savings.
Why you should participate in the Energy and Water Benchmarking Initiative
The HUD Energy and Water Benchmarking Initiative may provide a variety of benefits to multifamily property owners, including:
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Receiving an annual property analysis report with usage trends and identifying opportunities for energy and water savings in your building(s)
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Establishing eligibility or preparing you to make use of federal, state, and utility energy efficiency programs, such as HUD’s Multifamily Green and Resilient Retrofit Program and EPA’s Greenhouse Gas Reduction Fund.
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Supporting early compliance with local ordinances as more localities across the country take interest in energy usage data of multifamily properties.
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