Biden administration prioritizes climate-friendly low-income housing and energy permitting.
The Biden administration has announced nearly $1 billion in funding for low-income multifamily housing to become more energy-efficient, water-efficient, and resilient to climate disasters. The funding comes from the Inflation Reduction Act, the sweeping climate law that President Biden signed last summer. The program will pay for owners of low-income housing to install rooftop solar panels, heat pumps, and other climate-friendly upgrades. The spending could trickle down to tenants in the form of lower utility bills without increasing their rent.