Sec. 4. Multifamily housing energy efficiency innovation
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The Secretary of Housing and Urban Development shall carry out a program to be known as the Multifamily Housing Energy Innovation Plan to make grants to eligible entities to establish or expand an energy savings plan that uses innovative approaches to reduce energy, water, and/or gas consumption in multifamily housing. To be eligible to receive a grant under this section, an eligible entity shall submit an application to the Secretary at such time, in such manner, and containing such information as the Secretary may require, which shall include— a description of the energy savings plan established or expanded using amounts from a grant under this section that includes goals of the plan, use of grant funds, and the anticipated outcome of the plan; the amount of grant funds needed for such plan and the amount and sources of other funding, including matching funds required under subsection (d)(1); and a description of how implementing such plan will comply with the energy savings requirement under subsection (c)(2).
The Secretary shall establish criteria for selection of applications submitted under paragraph
(1)to receive grants under this section and shall select eligible entities to receive grants based on such criteria. Such criteria shall be based upon— the relevant experience and capacity of the eligible entity to carry out the energy savings plan to be assisted with grant amounts and to achieve the stated goals of such plan; the extent to which such plan provides an innovative approach to reducing energy consumption in multifamily housing; the ability of such plan to be replicated by others; and such other factors as the Secretary determines to be appropriate. In awarding grants under this section, the Secretary shall give priority to applications based on— the extent of funding for the energy savings plan secured by the eligible entity from private, nonprofit, or government sources in addition to the matching funds required under subsection (d)(1); the extent of the proposed benefit of the energy savings plan to low-income families; and the extent to which the energy savings plan would reduce budgetary expenses for the Department of Housing and Urban Development. Amounts from grants under this section may be used only for energy savings plans that— are financing demonstrations for multifamily housing, including for financing through credit enhancements, revolving loan funds, loan loss reserves, interest rate subsidies, loan insurance, or other financing methods approved by the Secretary; create green jobs, including in the fields of construction, property management, and technical analysis, that directly promote the adoption of energy savings measures in multifamily housing, including energy savings plans that create green jobs for low-income families; acquire and analyze data on the costs, benefits, challenges, and opportunities associated with retrofitting multifamily housing for energy efficiency; or research and implement a demonstration project that— creates retrofit or repair strategies that use readily available technologies to reduce or increase the efficiency of energy, water, and gas consumption that are not typically used for multifamily housing; addresses the split incentive problem, including implementing changes to methods for utility metering in multifamily housing; creates a system for benchmarking, tracking, and sharing energy consumption statistics for multifamily housing; or achieves another goal as approved by the Secretary. Amounts from a grant under this section may be used only to carry out an energy savings plan described in paragraph
(1)that will result in at least a 20-percent reduction in the energy, water, or gas consumption of multifamily housing and a description of the methodology to be used to compute the reduction in energy consumption. An eligible entity that receives a grant under this section shall contribute towards the energy savings plan amounts from private, nonprofit, or government sources that are not less than the amount of the grant. Grants shall be awarded for a period not to exceed 24 months. Not later than 12 months after the date on which the grant period of an eligible entity that received a grant under this section ends, each such eligible entity shall submit to the Secretary a report on the performance of energy savings plans carried out pursuant to this section that shall contain such information as the Secretary shall require. In this section the following definitions shall apply: The term eligible entity means a partnership between 2 or more of the following entities: A State or unit of local government. A provider of utility services. A community housing development organization as defined in section 104 of the Cranston-Gonzalez National Affordable Housing Act ( 42 U.S.C. 12704 ). A public housing agency as defined in section 3(b) of the United States Housing Act of 1937 (42 U.S.C. 1437a(b)). A non-profit or for-profit entity whose primary business is management of multifamily housing. The term energy savings plan means a program, project, or activity for energy savings or water and gas efficiency in multifamily housing. The term low-income families has the meaning given that term in section 3(b) of the United States Housing Act of 1937 (42 U.S.C. 1437a(b)). The term multifamily housing means a residence consisting of 5 or more dwelling units. The term Secretary means the Secretary of Housing and Urban Development. The term split incentive problem means, with respect to multifamily housing, a situation in which— the occupant of a dwelling unit in the housing does not pay for energy, water, or gas consumption for such unit and is not incentivized to implement an energy savings measure; or the owner does not pay for energy, water, or gas consumption for dwelling units in the housing and is not incentivized to implement an energy savings measure. The term State means each of the several States, the District of Columbia, and any territory or possession of the United States. There is authorized to be appropriated to the Secretary $25,000,000 for fiscal year 2015, $20,000,000 for fiscal year 2016, $15,000,000 for fiscal year 2017, and $10,000,000 for fiscal year 2018 to carry out this section.
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