HUD's Energy Action Plan and Multifamily Housing

嚜澦UD＊s Energy Action Plan

And Multifamily Housing

Energy Efficiency and

Conservation at HUD:

Implementing the President＊s

National Energy Policy

Rationale:

National Energy Policy:

※Conservation and

energy efficiency are

crucial components of a

national energy plan.

Greater energy

efficiency helps the

United States reduce

the likelihood of energy

shortages, emissions

and the volatility of

energy prices.§

May 2001

1

Rationale:

President George W. Bush:

※＃We need to be more self

reliant and self-sufficient. It

is in our nation＊s national

interest that we develop

more energy supplies at

home... It is in out national

interest that we conserve

more. It is in our national

interest that we modernize

the energy infrastructure of

America.§

October 26, 2001

Rationale:

Secretary Mel Martinez

※Improving the energy efficiency

of the nation＊s housing stock is

an important part of our efforts.

As one of the largest housing

expenses after mortgage

payments, the rapid rise of

energy costs is making things

difficult for both renters and

homeowners.§

June 11, 2001

2

B u ild in g s acco u n t fo r o ver o n e th ird

(36% ) o f all en erg y u sed in th e U .S .

T ra n sp o rtatio n

28%

(B tu s)

In d u stry

36%

R e sid e n tia l

B u ild in g s

20%

C o m m e rcia l

B u ild in g s

16%

Energy Use in HUD-assisted

properties

? Americans spend $131 billion each year on

household energy

? HUD spends some $4 billion each year on

energy 每 almost 15% of entire budget

z

Directly through operating grants or utility

allowances

? Almost 5 million HUD-assisted renters and

homeowners

z

5% of all households

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Approximately 5 Million Units

? Public Housing

z 1.2 million units

z HOPE VI - 6,000 units/year

? Rental Assistance

z Section 8 vouchers 每 1.8 million units

z Assisted Multifamily 每 1.6 million units

? Homeownership

z FHA single family mortgages 每 1 million/year

z

z

10 percent new construction

800 new multifamily mortgages/year 每 2.7 million

new units

5 Million Units 每 Cont.

? Block Grants 每 CDBG and HOME

z 174,000 units rehabbed/each year

z 13,000 new construction/each year.

? Senior Housing

z 3,500 Section 202 units 每 300,000 units

z 5,000 units/year

? New construction

z HOPE VI 每 approx. 6,000 units/year

z Senior Housing 每 6,000-9,000 units/year

z CDBG and HOME 每 13,000 new units

z FHA single family 每 100,000 new

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Significant Potential Savings

in Public Housing

? Approximately $1.1 billion on energy in

public housing alone

? Potential savings - $165 million per year

? $20 to $40 per every public housing

resident

Charge to Task Force from

Deputy Secretary Jackson

? Improve energy efficiency and conservation

in HUD-assisted rental housing.

? Expand the use of Energy Efficient Mortgages,

consistent with sound underwriting principles.

? Provide technical assistance on energy

issues to nonprofits and faith-based

organizations.

? Research and development of new energy

efficient technologies.

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