Department of Housing and Urban Development: Energy Innovation Funds for Multifamily Pilot Program

by: Iola Bonggay

In year 2009, the president of the United States of America signed the Consolidated Appropriations Act of 2010 wherein an appropriation amounting to $50 million serving as an Energy Innovation Fund was included.

The Energy Innovation Fund was directed towards the discovery of innovations in terms of the residential energy efficiency sector and to help in the development of a standardized home energy efficient retrofit market.

Of the said amount, the Congress directed that $25 million shall be for the Multifamily Energy Pilot Program which was exclusively designed for multifamily housing markets.

Pursuant to the Consolidated Appropriations Act of 2010, the Department of Housing and Urban Development(HUD), has recently announced a funding opportunity entitled Energy Innovation Fund: Multifamily Pilot Program.

This funding opportunity supports innovations in financing and conducting applied research studies in the hopes of addressing primary concerns halting the retrofitting of certain multifamily residential properties in their quest towards achieving energy efficiency on a highly cost effective basis.

The funding announcement is also driven towards the accomplishment of the following objectives:

a) demonstrate ways to eliminate or address the concerns against the implementation of energy efficiency and renewable energy improvements in present multifamily properties

b) provide private capital and additional public funding to demonstrate "proof of concept"

  (continued...)

Department of Housing and Urban Development: Energy Innovation Funds for Multifamily Pilot Program
  Page 2

About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on environmental grants and grants for youth programs.

Additional Resources

category - Minority Grants

Small Business Administration's Small Business Investment Companies
The Small Business Investment Companies Program revolves around the notion of developing privately owned and managed investment companies which will be licenses and regulated by the Small Business Administration, so as to provide equity capital, long term loans, and advisory services to small business requiring such services.

---

Department of Agriculture: Value Added Producer Grants
The Value-Added Producer Grants program is geared towards helping the Independent Producers of Agricultural Commodities, Agriculture Producer Groups, Farmer and Rancher Cooperatives, and Majority-Controlled Producer-Based Business Ventures in developing techniques that would create marketing opportunities and establish business plans involving viable marketing opportunities that involve the production of bio-based products from agricultural commodities.

---

Ethical Schools Project in Peru
The Ethical Schools Project revolves around the notion of promoting a culture of ethical behavior and civic responsibility among members of the youth, as well as teachers and parents. The project also aims to explore ways that would contribute to a reduction in corruption and other forms of illicit activities such as cocoa cultivation and illegal environmental degradation, which are both common practices in Peru.

---

Minority Business Enterprise Centers for Minority-Owned Businesses
The The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.

---