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HUD Rolls Out Green Initiative for Some Properties

Section 8 pilot to reduce consumption of resources, lower utility costs, and improve indoor air quality

WASHINGTON - The U.S. Department of Housing and Urban Development today rolled out a nationwide pilot program to encourage owners of multifamily Section 8 properties to rehabilitate and operate their buildings using "green building" principles that embody a combination of sustainability, energy efficiency, recycled materials, indoor air quality, and incorporate the healthy housing approach pioneered by HUD's Healthy Homes Initiative.

Green building practices are designed to lower utility costs, thereby benefiting taxpayers, property owners, and the residents of the buildings themselves. When rehabilitation is performed in a manner that meets both green and Healthy Housing principles, residents can also benefit through improved indoor air quality, lower risk of pest infestations, lower levels of allergens, and reduced risk of mold-related illness.

The Green Initiative will be implemented on properties within HUD's Section 8 portfolio, specifically properties in the Mark to Market (M2M) Program, administered by HUD's Office of Affordable Housing Preservation (OAHP). Participation in the Initiative will be voluntary for eligible-property owners.

HUD Deputy Assistant Secretary Theodore K. Toon announced the initiative today in San Francisco at the "National Symposium on Green Affordable Housing" sponsored by the Enterprise Foundation and the Institute for Professional and Executive Development.

To read more on this article please visit www.hud.gov.

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