#Latest news with #ElonMusks'Bloomberg25-03-2025BusinessBloombergTrump's Funding Block Leaves Affordable Housing Projects in LimboA move by the Trump administration to block a $1.4 billion program for green building retrofits has left hundreds of affordable housing projects in limbo. The Green and Resilient Retrofit Program is one of the several energy-efficient initiatives targeted by Elon Musks' efficiency push. It aimed to improve aging housing complexes subsidized by the Department of Housing and Urban Development through efforts like installing insulation and solar panels, as well as clearing a backlog of maintenance issues. But several renovations that were already underway are now halted as developers seek answers or alternative funding source, Kriston Capps and Sarah Holder report. Today on CityLab:
Bloomberg25-03-2025BusinessBloombergTrump's Funding Block Leaves Affordable Housing Projects in LimboA move by the Trump administration to block a $1.4 billion program for green building retrofits has left hundreds of affordable housing projects in limbo. The Green and Resilient Retrofit Program is one of the several energy-efficient initiatives targeted by Elon Musks' efficiency push. It aimed to improve aging housing complexes subsidized by the Department of Housing and Urban Development through efforts like installing insulation and solar panels, as well as clearing a backlog of maintenance issues. But several renovations that were already underway are now halted as developers seek answers or alternative funding source, Kriston Capps and Sarah Holder report. Today on CityLab:
25-03-2025
