HUD has announced updated guidance on the use and eligibility of the Rate Reduction Incentive (RRI), which is a climate-friendly incentive program available to Public Housing Agencies (PHA) that encourages them to reduce their utility rates beyond what is already required by statute and/or regulation. The program directly supports HUD's Climate Action Plan , which sets forth goals to create climate resiliency, reduce greenhouse emissions, and pursue environmental justice in housing. The RRI helps HUD move toward those goals-since energy efficiency solutions made possible through the program reduce a PHA's carbon footprint, promote long-term sustainability, and can improve the lives of residents. Program benefits also pave the way for better property quality, additional support to families, and improved property maintenance.
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