NeighborWorks America announced that it has awarded $35 million to 117 local NeighborWorks organizations and two NeighborWorks-affiliated capital corporations. Frontier Housing has received $475,000 to create a revolving loan fund to fund home rehabilitation projects that increase energy efficiency. In addition to the green rehab program, Frontier is using these funds for a home replacement program targeting pre-1976 HUD Code units. In their region of Kentucky, many of the most inefficient homes are pre-HUD Code mobile homes. In a similar program, satisfied homeowners are now living in new ENERGY STAR rated manufactured homes with mortgage payments that are less than their former monthly utility bills. Frontier serves Bath, Boyd, Carter, Fleming, Elliott, Montgomery, Morgan, Menifee, Magoffin, Rowan and Wolfe Counties.
“We thank Congress for their ongoing support of affordable housing needs in our nation’s communities. Because of the grants announced today, thousands of rental and owner-occupied units will be rehabilitated, the majority through the use of state of the art green strategies, which will not only recreate a healthier home for families, but also support healthier communities,” said Ken Wade, CEO of NeighborWorks America.
36 years ago when Frontier Housing was founded, rehabilitating homes was their prime objective. Frontier’s work in recent years, throughout all lines of business, has focused on the importance of green elements in affordable housing. From providing homes that are ENERGY STAR qualified, to building their first certified green home, to launching a green rehabilitation program focused on energy savings; Frontier has been on the forefront of green housing in their region.