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Public Affairs, Public Policy and Public Administration

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University of New Hampshire

The Carsey School of Public Policy at the Scholars' Repository

2023

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Advancing Decarbonization In Regulated Multifamily Affordable Housing: Key Federal Levers To Achieve Meaningful Change, Housing Sustainability Advisors, Eric Hangen Aug 2023

Advancing Decarbonization In Regulated Multifamily Affordable Housing: Key Federal Levers To Achieve Meaningful Change, Housing Sustainability Advisors, Eric Hangen

The Carsey School of Public Policy at the Scholars' Repository

Decarbonizing affordable rental housing is critical to mitigating climate change and meeting the Biden Administration’s target for a net-zero emissions national economy by 2050. It also offers numerous benefits, including energy cost savings, improved health and well-being, and economic opportunities. However, challenges related to upfront costs, tenant turnover, technical expertise, and policy support must be addressed to accelerate the market’s adoption of decarbonization. Collaboration between governments, policymakers, landlords, tenants, and industry experts is essential to overcome these challenges and achieve a sustainable and equitable future.

We are faced with a historic moment: the Inflation Reduction Act has provided $27 billion …