IRA & BIL Resource Guide
A Resource Guide for the Multifamily Affordable Housing Market to Access Funds from the Inflation Reduction Act and Bipartisan Infrastructure Law
The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) constitute a once-in-a-lifetime opportunity for the multifamily affordable housing (MFAH) market to access federal funds for green solutions.
ICAST created this Resource Guide to help the MFAH market take advantage of the opportunities created through IRA and BIL. The MFAH market can braid grant funds, tax credits, rebates, and other incentives to achieve very-high-performing properties that reduce operations and maintenance costs; improve net operating income; and increase health, comfort, safety and affordability for low-income tenants. This Guide is organized according to funding source, rather than technology solution, to give readers a sense of the scope and function of each funding bucket.
This Guide Includes:
- Summaries of various financial resources,
- Examples of how to braid funds for projects,
- Case studies,
- And frequently asked questions.
IRA & BIL Calculator
This resource is designed to provide MFAH owners and managers with answers to their questions about the Inflation Reduction Act and the Bipartisan Infrastructure Law.
Additional Resources for Navigating Incentives and Financing Opportunities
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Informational Resource |
Financial Resources Covered |
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Treasury: IRA Taxpayer Resource Hub |
Tax Credits |
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IRS: IRA Tax Credits Updates and Guidance (See also: IRS Tool for Credit Elective Pay and Transferability) |
Tax Credits |
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DSIRE: State and Federal Incentives for Efficiency and Renewables |
Tax Credits, Weatherization Assistance Program, Other Federal Grants, Fannie Mae Loans |
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White House: Investing in America – CleanEnergy.gov |
Tax Credits, Rebates, Weatherization Assistance Program |
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DOE: Energy Savings Hub |
Tax Credits, Home Energy Rebates |
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Energy Financing, Grants, Debt, Loans |
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GRRP Assistance |
ICAST (International Center for Appropriate and Sustainable Technology) is a 501(c)(3) nonprofit with a mission to provide economic, environmental, and social benefits to underserved communities in a manner that builds local capacity. ICAST has a history of designing and managing utility-led, state, inter-state, and federal programs that leverage innovative green technologies to benefit low- and moderate-income communities since 2002.