DOE Buildings Upgrade Prize Offers Cash, Technical Assistance for Upgrade Ideas
Last month, the Department of Energy (DOE) announced the Buildings Upgrade Prize (Buildings UP) to "accelerate the transformation of U.S. buildings into energy-efficient and clean energy-ready homes, commercial spaces, and communities." Buildings UP will offer "more than $22 million in cash prizes and technical assistance to teams across America with winning ideas to accelerate widespread, equitable energy efficiency and building electrification upgrades."
DOE will award prizes between $200,000 to $400,000 to 60 cross-sectoral teams through two different pathways: "Open Innovation" or "Equity-Centered Innovation," which will be focused on delivering upgrades to low- and moderate-income homes, small, disadvantaged businesses and other equity-eligible buildings. Both pathways will offer technical assistance and coaching, with Open Innovation entries eligible for $200,000 and Equity-Centered Innovation entries eligible for $400,000.
Teams can submit applications outlining their concepts during Phase I. Applications for Phase I are due July 18, 2023. Updates are available on HeroX.com.
For those interested in learning more about this program, webinars are available this week on March 7 at 1 p.m. ET and March 9 at 12 p.m. ET. Visit aceee.org to learn more.
Latest from NAHBNow
Sep 12, 2025
Builders’ Guide to Keeping Job Sites and Communities PreparedSeptember is National Preparedness Month, an annual federal initiative to raise awareness and equip individuals, businesses and communities with the tools they need to prepare for disasters.
Sep 11, 2025
2026 Best of IBS Awards OpenThe NAHB International Builders’ Show® (IBS) recognizes the outstanding building products and services with the Best of IBS Awards. Apply by Nov. 21, 2025, to showcase your products.
Latest Economic News
Sep 12, 2025
Household Real Estate Asset Values Reach New HighThe market value of household real estate assets rose to $49.3 trillion in the second quarter of 2025, according to the most recent release of U.S. Federal Reserve Z.1 Financial Accounts. The value rose by 2.7% from the first quarter and is 1.1% higher than a year ago. This measure of market value estimates the value of all owner-occupied real estate nationwide.
Sep 11, 2025
Parking Trends in Newly Completed Single-Family Homes, 2024In 2024, 65% of newly completed single-family homes featured two-car garages, according to NAHB’s analysis of the Census’s Survey of Construction data. The share of new homes with three or more car garages stood at 15%, continuing a downward trend from its peak of 24% in 2015 and decreasing 2 percentage points from 2023.
Sep 10, 2025
Year-over-Year Building Material Price Growth AdvancesPrice growth for residential building materials rose for the fourth straight month in August, reaching its highest level since January 2023. Across domestic inputs goods and services into residential construction, service prices decreased in August while goods prices slightly advanced.