January 2024 Policy Blog

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Kristen Cheriegate  |  ICAST Policy Analyst New York Opens States First Publicly Funded Electric Vehicle Charging Stations Using federal funds from the National Electric Vehicle Infrastructure (NEVI) Formula Program, Kingston New York opened the state’s first public electric vehicle (E.V.) charging stations. This is part of the Biden-Harris Administration’s Investing in America agenda to build a reliable E.V. network connecting …

COP28: A Debate Between Soft Commitments vs Decisive Action

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By Kristen Cheriegate: Senior Policy Analyst | Ms. Cheriegate navigates ICAST through the policy world to obtain real-world solutions, funding resources, and networks with potential partners to provide more services to low- and moderate-income households. The 2023 United Nations Climate Change Summit, the 28th meeting of the Conference of the Parties (COP28), took place in the United Arab Emirates (UAE) between …

green houses

ICAST Experts Weigh In: Optimizing Health and Energy Solutions for Affordable Housing

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Max Wilkinson | Healthy Homes Program Manager Mr. Wilkinson helps design and shepherd ICAST’s efforts to improve home health for tenants in multifamily affordable housing. ICAST’s goal with every multifamily retrofit is to increase home health, safety, comfort, and affordability for low- and moderate-income tenants. We have a custom, whole-building approach—in other words, we identify and deliver the best solutions …

ICAST Experts Weigh In: 2023 Trends and What to Watch for in 2024

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Ryan Kristoff | Director of Grant Programs  Mr. Kristoff grows the organization by securing the funding and partnerships necessary to build new programs, expand to new geographies, and add services to its one-stop shop. THE 30,000-FOOT VIEW Unsurprisingly, ICAST’s 2023 has primarily focused on the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL). We have been collaborating with federal …

In Case You Missed It: ICAST Affiliate Offering New Services for Green Projects

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In September, TBL Fund (ICAST’s affiliated Community Development Financial Institution) announced a new bridge loan product to streamline the financing process for its customers’ green projects. Funds from the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) will not be available forever, and specific dollars, such as the investment tax credit (ITC) will not reach stakeholders until after the projects …

December 2023 Policy Blog

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Kristen Cheriegate  |  ICAST Policy Analyst U.S. Department of Energy (DOE) on Path to Update Energy Efficiency Standards DOE is required to establish and periodically review minimum energy efficiency standards that products such as light bulbs, clothes dryers, air conditioners, etc., must meet. By law, these standards must save energy, be cost-effective, and be technologically feasible for manufacturers. While energy …

Heat Pump Installations Slow, Impeding Biden’s Climate Goals

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By Santul Nerkar and Madeleine Ngo  Originally published in The New York Times, Nov. 9, 2023  More Americans are buying heat pumps, an environmentally friendly alternative to furnaces and air-conditioners that can significantly lower monthly energy bills. But the pace of installations has slowed in the past year, posing an obstacle to the Biden administration’s climate plans.  Rising interest rates and inflation combined …

Case Study: IRA, BIL Bringing Big Pots of Money to Green Affordable Housing

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By Mark Fogarty  NH&RA November 2023 If Timed Right, Financial “Braiding” Techniques May Cover Whole Cost of Retrofits There’s a brave new world of opportunities for “green” multifamily affordable housing renovation and development coming with the ever-quickening ascendancy of green buildings. This is according to one of the early adopters of clean energy solutions in multifamily, Ravi Malhotra—founder and president of ICAST. …

ICAST Experts Weigh In: 2023 State Legislative Wrap-Up and Looking Ahead to 2024

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By Kristen Cheriegate: Senior Policy Analyst | Ms. Cheriegate navigates ICAST through the policy world to obtain real-world solutions, funding resources, and networks with potential partners to provide more services to low- and moderate-income households. State legislatures are gearing up to pre-file bills for the 2024 season, but before we close the books on 2023, we wanted to provide some …

November 2023 Policy Blog

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Kristen Cheriegate  |  ICAST Policy Analyst White House Takes Action to Create More Affordable Housing The Biden-Harris Administration has released a fact sheet that highlights new actions to support the conversion of high-vacancy commercial buildings to residential use, including through new financing, technical assistance, and the sale of federal properties – creating much-needed affordable housing, energy-efficient, near transit, and good …