Partners launch nationwide initiative to accelerate energy upgrades for affordable housing

(ACEEE blog, 1 Dec 2022) Communities often left out of climate investments will receive support to develop energy-saving home retrofit strategies under the new nationwide initiative Residential Retrofits for Energy Equity (R2E2).

Funded by a $2.5 million grant from The Rockefeller Foundation, $250,000 each from JPMorgan Chase and the Wells Fargo Foundation, and additional support from The JPB Foundation, R2E2 will provide training to state, local, and tribal governments as well as community-based organizations to jumpstart energy upgrades for affordable housing that will lower utility bills, reduce greenhouse gas emissions, improve residents’ health, create good-paying local jobs, and help advance racial equity.

Residential Retrofits for Energy Equity (R2E2) will kick off with training sessions in January on scaling up building energy retrofits and leveraging the unprecedented federal funding available from COVID-19 relief programs, the bipartisan infrastructure law, the Inflation Reduction Act, and other sources.

A partnership of the American Council for Energy-Efficient Economy (ACEEE), Elevate, Emerald Cities Collaborative, and HR&A Advisors, R2E2 will offer guidance on energy upgrade financing models, economic inclusion, navigating the complexities of the affordable housing sector, and engaging with community-based organizations to ensure proposals reflect community needs. People’s Climate Innovation Center is advising R2E2 on centering equity in the project and its outcomes and on facilitating community-driven planning processes.

External link

ACEEE blog, 1 Dec 2022: Partners launch nationwide initiative to accelerate energy upgrades for affordable housing