Everyone deserves access to housing that’s healthy, affordable and accessible to jobs and amenities. Bank of America and USGBC are helping to make it happen.
The Affordable Green Neighborhoods Grant Program provides funding and educational resources to affordable housing developers who are pursuing certification using the LEED for Neighborhood Development (LEED ND) rating system.
With generous support from the Bank of America Foundation, the grant program recognizes those committed to building sustainable communities. Since the inception of the AGN grant program in 2010, 31 projects have been awarded with financial assistance and ongoing technical support. Thus far, 11 projects have certified, representing over 400 acres, 539 dwelling units and 1,169,000 gross square feet of planned or built space.
Affordable Green Neighborhoods Grant Program: Applications due August 15, 2016.Apply to the Affordable Green Neighborhoods Grant Program
A solution for the community
A lack of quality, affordable housing remains a significant problem among metropolitan regions in the United States and around the world.
Low-income families spend more than half of their income on housing and utility costs, according to the National Low Income Housing Coalition. Cheaper housing is often located far from job centers and transit, further burdening low-income families.
Encouraging locations central to jobs, services and amenities, LEED ND is transforming neighborhoods into walkable, affordable and sustainable communities in which to live, work and learn.
The grant program’s goal is to build capacity among affordable housing developers to incorporate LEED ND principles and ultimately to achieve certification. Applications are evaluated on various environmental and social criteria, including:
- Creating mixed-income communities
- Redeveloping infill and previously developed sites
- Engaging stakeholders in the development process
- Revitalizing the project area and surrounding community
Applicants must be 501(c3) nonprofit organizations or public agencies involved in the ownership, development or financing of the project. A for-profit developer can be a member of the project team, but the non-profit or public agency must be the lead applicant.
The project also must be in the United States Canada; be registered for LEED for Neighborhood Development; and must meet or exceed one or both of the affordability thresholds based on NPD Credit 4: Mixed-Income Diverse Communities:
- Rental: At least 30 percent of the rental units must be affordable to families earning less than 60 percent of AMI or at least 50 percent of the rental units must be affordable to families earning less than 80 percent of AMI.
- For sale: At least 20 percent of the for-sale units must be affordable to families earning less than 100 percent of AMI.
Preference will be given to qualifying projects that meet additional goals, including the redevelopment of infill and previously developed sites, effort to strengthen the surrounding neighborhoods, commitment to engage stakeholders in the development process and the provision of green housing for a range of income levels.
Up to five projects will be selected to receive an award package valued at up to $44,500 each, which includes:
- Refund of the $1,500 LEED ND registration fee paid;
- Waiver of the LEED ND certification fee (for projects up to 35 acres in size);
- Access to the LEED Dynamic Plaque platform with a three year subscription for one existing building in the LEED ND boundary;
- Three, one year subscriptions to Education @ USGBC for on-demand, online education access;
- Two-day, in-person, technical assistance workshop;
- Two registrations to attend Greenbuild Conference and Expo, the Communities & Affordable Homes Summit, and the Leadership Awards Luncheon in Los Angeles, CA October 4-7, 2016;
- A partial travel scholarship to support attendance at Greenbuild; and
- Access to USGBC technical assistance and monthly conference calls.
Interested applicants are invited to join a webcast on Wednesday, July 27 at 2 p.m. ET. For more information, review our WebEx session.