Invest in making buildings more efficient while creating jobs. Many efforts of this type are underway in cities around the country, but scaling those efforts up and targeting the jobs toward people currrently living in poverty could create significant benefits.
Retrofitting homes and businesses can reduce energy costs by 20 percent or more, enabling cost of living savings in addition to creating jobs.
Action: Cut energy and water use in buildings with efficiency improvements.
Additional Benefits: Lower expenses for businesses and families of all incomes, reduce carbon emissions, create jobs, and prevent the need for more power plants. A 20 percent reduction in energy bills can mean saving hundreds of dollars a year for a household and thousands of dollars a year for a business.
Stakeholders: Workers, city officials, community-based organizations, energy and water utilities, building occupants
Where it’s been done: Elevate Energy's Multifamily Energy Efficiency program provide free energy efficiency upgrades to qualifying properties. As of November 2018, the nonprofit created 668 jobs, retrofitted over 42,000 units, helped many owners save up to 30 percent on utility and maintenance costs, and saved 65,444 metric tons of carbon dioxide equivalents.
Use the Urban Opportunity Agenda calculator to see how this strategy and others can reduce poverty, create economic opportunity, and build stronger communities.