II 

117TH CONGRESS 

1ST SESSION S. 2361 

To reauthorize the budget-neutral demonstration program for energy and 

water conservation at multifamily residential units, to establish a green 

retrofit program, and for other purposes. 

IN THE SENATE OF THE UNITED STATES 

JULY 15, 2021 

Mr. REED (for himself and Ms. COLLINS) introduced the following bill; which 

was read twice and referred to the Committee on Banking, Housing, and 

Urban Affairs 

A BILL 

To reauthorize the budget-neutral demonstration program 

for energy and water conservation at multifamily residential units, to establish a green retrofit program, and 

for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Green Retrofits Act’’. 

5 SEC. 2. REAUTHORIZATION OF BUDGET-NEUTRAL DEM6 ONSTRATION PROGRAM. 

7 Section 81001 of the FAST Act (42 U.S.C. 12712 

8 note; Public Law 114–94) is amended— 


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1 (1) in subsection (a), in the matter preceding 

2 paragraph (1)— 

3 (A) by striking ‘‘2016 through 2019’’ and 

4 inserting ‘‘2022 through 2027’’; 

5 (B) by striking ‘‘costs’’ and inserting ‘‘bur6 dens and greenhouse gas emissions’’; and 

7 (C) by striking ‘‘20,000’’ and inserting 

8 ‘‘35,000’’; 

9 (2) in subsection (b)— 

10 (A) in paragraph (1)— 

11 (i) by striking ‘‘an energy or water 

12 cost savings is’’ and inserting ‘‘energy or 

13 water costs savings are’’; 

14 (ii) in subparagraph (C)(iv), by strik15 ing ‘‘determination of savings to the Sec16 retary’’ and inserting ‘‘validation of sub17 sidy amounts from the Department of 

18 Housing and Urban Development required 

19 to support actual utility costs’’; and 

20 (iii) by striking the undesignated mat21 ter following subparagraph (C); and 

22 (B) in paragraph (2)— 

23 (i) by redesignating subparagraphs 

24 (B), (C), (D), and (E) as subparagraphs 

25 (C), (D), (E), and (G), respectively; 


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1 (ii) in subparagraph (A), by striking 

2 ‘‘effect and during’’ and inserting ‘‘effect; 

3 ‘‘(B) the period during’’; 

4 (iii) in subparagraph (B), as so des5 ignated, by striking ‘‘12 years’’ and insert6 ing ‘‘15 years’’; 

7 (iv) in subparagraph (D), as so redes8 ignated, by inserting ‘‘property or’’ before 

9 ‘‘properties’’; 

10 (v) in subparagraph (E), as so redes11 ignated, by striking ‘‘and’’ at the end; and 

12 (vi) by inserting after subparagraph 

13 (E), as so redesignated, the following: 

14 ‘‘(F) a requirement that the costs associ15 ated with third-party verification under para16 graph (1)(C) shall be covered by the entity; 

17 and’’; 

18 (3) in subsection (c)(2), in the matter preceding 

19 subparagraph (A), by striking ‘‘annually thereafter’’ 

20 and inserting ‘‘biennially thereafter until the date on 

21 which the final performance-based agreement under 

22 this section ends’’; and 

23 (4) by striking subsection (d) and inserting the 

24 following: 

25 ‘‘(d) FUNDING.— 


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1 ‘‘(1) IN GENERAL.—For each fiscal year during 

2 which an agreement under this section is in effect, 

3 the Secretary may make payments under this section 

4 from funds appropriated to the Secretary for the re5 newal of contracts under the program established 

6 under subsection (a). 

7 ‘‘(2) EVALUATION AND REPORTS.—The Sec8 retary may use amounts appropriated to carry out 

9 this section to contract for services to perform the 

10 program evaluations and produce the reports re11 quired under subsection (c). 

12 ‘‘(3) APPROVAL OF UTILITY SAVINGS.—Obliga13 tions of amounts available for payments pursuant to 

14 this subsection shall not arise until the Secretary 

15 has approved the documented utility savings sub16 mitted by the entity and verified by the third party 

17 for that annual increment and determined that ac18 tual savings did occur and payments may be made.’’. 

19 SEC. 3. GREEN RETROFIT PROGRAM. 

20 (a) DEFINITIONS.—In this section: 

21 (1) COVERED PROPERTY.—The term ‘‘covered 

22 property’’ means a multifamily residential property 

23 receiving project-based assistance under— 

24 (A) section 202 of the Housing Act of 

25 1959 (12 U.S.C. 1701q); 


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1 (B) section 811 of the Cranston-Gonzalez 

2 National Affordable Housing Act (42 U.S.C. 

3 8013); or 

4 (C) section 8 of the United States Housing 

5 Act of 1937 (42 U.S.C. 1437f). 

6 (2) ELIGIBLE ENTITY.—the term ‘‘eligible enti7 ty’’ means the owner of a covered property. 

8 (3) SECRETARY.—The term ‘‘Secretary’’ means 

9 the Secretary of Housing and Urban Development. 

10 (b) ESTABLISHMENT.—The Secretary shall establish 

11 a program to provide grants or loans to eligible entities 

12 for the purpose of performing in-home health and green 

13 retrofits to covered properties. 

14 (c) PURPOSE.—The purpose of the program estab15 lished under subsection (b) shall be to, with respect to a 

16 covered property— 

17 (1) reduce the energy demand, water consump18 tion, or greenhouse gas emissions of the covered 

19 property; 

20 (2) increase the adoption of renewable energy 

21 technologies, including energy storage and demand 

22 response capable technology, and energy efficiency 

23 measures in the covered property; 

24 (3) lower the operating costs of the covered 

25 property; 


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1 (4) improve the quality of life of residents of 

2 the covered property; 

3 (5) reduce risks to the health and safety of resi4 dents of the covered property; and 

5 (6) reduce the overall impact on the environ6 ment of the covered property. 

7 (d) EQUITABLE DISTRIBUTION.—In awarding grants 

8 or loans under this section, the Secretary shall ensure the 

9 equitable geographic distribution of awards. 

10 (e) REGULATIONS.— 

11 (1) IN GENERAL.—The Secretary may promul12 gate regulations to carry out the program estab13 lished under subsection (b). 

14 (2) CONSULTATION.—In carrying out para15 graph (1), the Secretary shall consult with the Sec16 retary of Energy, the Administrator of the Environ17 mental Protection Agency, and the Director of the 

18 Centers for Disease Control and Prevention to the 

19 maximum extent practicable. 

Æ 


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