PACO Secures $1.17 Million State Grant for Apartment Weatherization

By providing affordable housing to low-income individuals and families, Jersey City-based nonprofit PACO has been bequeathed with approximately $1,174,622 state grant to weatherize the apartments for these individuals and families.

The grant money will finance the installation of energy-efficient systems, insulation and other improvements. A part of the money will pay for contractors that will do the installation.

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Programs that seek to meet the basic shelter needs of the community by providing temporary shelter for people who are in emergency situations, home improvement programs, housing location assistance and a variety of housing alternatives.

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The United Nations Intergovernmental Panel on Climate Change (IPCC) published the first of three volumes of its fifth Assessment Report (AR5). The findings of the report show that mainstream businesses have become greener, with an emphasis on reducing carbon emissions which are the key sectors for impact investment.

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