HUD awards Jonathan Rose Companies $3.6 Million to (green) retrofit Multi-Family housing project

SECRETARY DONOVAN ANNOUNCES THE FIRST RECOVERY ACT GREEN RETROFIT GRANT FOR MULTI-FAMILY HOUSING

Award to NYC Project will create green jobs and reduce energy costs

WASHINGTON – U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced that nearly 200 apartment units in New York City will become more energy efficient as the result of $3.6 million in funding being awarded today to Jonathan Rose Companies, a New York-based property owner and developer. It is the first award to be announced under HUD’s new Green Retrofit Program for Multifamily Housing, created through the American Recovery and Reinvestment Act of 2009. The Green Retrofit Program is providing $250 million nationally to reduce energy costs, cut water consumption, and improve indoor air quality. Additional grant awards will be made under this program over the next few months on a rolling basis.

The project being funded today is West 135th St Apartments in Harlem, New York, a 198-unit, 10 building, Section 8 assisted property. The renovation to this project will enhance quality of life for residents and increase energy efficiency. It will produce an approximately 25% savings in utility costs and will create quality construction-related job opportunities. Retrofits will include EnergyStar refrigerators, replacement of 32 old boilers with 10 high-efficiency boilers, rooftop solar photovoltaic panels, formaldehyde-free kitchen cabinets, recycled-material kitchen counters, EnergyStar ceiling fans, compact fluorescent lamp (CFL) fixtures and bulbs, double-pane argon-filled low emissivity (low-e) windows, insulated exterior doors, low-flow fixtures, shower heads and toilets, linoleum flooring to replace vinyl tile, wood floor installations using Forest Stewardship Council (FSC)-certified wood, and non-toxic paints, adhesives and sealants throughout.

“I am proud to announce this award to Jonathan Rose today because he has been a leading innovator, advocate and practitioner of green building, particularly of green affordable housing,” said HUD Secretary Shaun Donovan. “This funding will not only improve New York’s housing stock, but will lower energy costs and create quality green jobs.”

The Green Retrofit Program is designed to create thousands of green jobs across the country as workers retrofit older federally assisted multi-family apartment developments with the next generation of energy efficient technologies. Grants and loans provided through this program help private landlords and property management companies to cut heating and air conditioning costs by installing more efficient heating and cooling systems and to reduce water use by replacing faucets and toilets. These Recovery Act funds also produce other environmental benefits by encouraging the use of recycled building materials, reflective roofing, and non-toxic products to reduce potentially harmful ‘out gassing’ of harmful fumes. Funds are awarded to owners of HUD-assisted housing projects and can be used for a wide range of retrofit activities, ranging from windows/doors to solar panels and geothermal installation.

http://portal.hud.gov/portal/page/portal/HUD/press/press_releases_media_advisories/2010/HUDNo.10-007