ICAST (International Center for Appropriate and Sustainable Technology), a national 501c3 nonprofit, has spearheaded a transformative initiative to empower Multifamily Affordable Housing (MFAH) communities to take advantage of the windfall created by the Bipartisan Infrastructure Law (BIL) and Inflation Reduction Act (IRA). With support from experts across the housing, energy, and financing fields, ICAST has crafted three comprehensive Resource Guides that …
Originally published in Utah Rental Housing Journal. Ryan Kristoff The Inflation Reduction Act and Bipartisan Infrastructure Law have created a once-in-a-generation opportunity for multifamily affordable housing (MFAH) to leverage tax credits, rebates, and other incentives for holistic upgrade projects. Technologies like solar and heat pumps can improve net operating income; reduce operations and maintenance costs; and create healthier, safer, more …
The Pueblo of Zia, a federally recognized Tribe situated atop a basalt mesa in north-central New Mexico, has retained ICAST to determine the feasibility of solar installations on their land. ICAST will explore two types of solar systems: a 5 MW community solar farm on tribal land, and smaller solar systems to be installed behind-the-meter on Zia Pueblo’s buildings, such …
Brad Varnedoe | HR Generalist Mr. Varnedoe supports the organization by assisting in employee recruitment, onboarding, and retention. In September of 2023, ICAST reached a milestone of 100 active employees. Some have been on deck since ICAST’s infancy, and others joined during the period of rapid growth we’ve been sustaining for the last six years. Regardless of their start dates, …
Monica Paici | Director of Marketing Ms. Paici supports the organization by developing marketing plans, implementing promotional programs for ICAST’s work, and overseeing the design and distribution of ICAST publications. If you have been following our coverage of the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL), you know that ICAST has been working to educate housing and energy …
By Ravi Malhotra NH&RA, October 2023 One of the Inflation Reduction Act’s (IRA) most significant budget items is the money for tax credits, which could ultimately be worth over $500 billion. Key credits for multifamily affordable housing include: New Energy Efficient Homes Credit (45L); Solar and Energy Storage Investment Tax Credit (ITC); Alternative Fuel Vehicle Refueling Property Credit (30C); and …
Kristen Cheriegate | ICAST Policy Analyst Environmental Protection Agency Updates Solar for All Funding The Environmental Protection Agency (EPA) has updated the Solar for All (SFA) Notice of Funding Opportunity. The interested applicants requested over $38 billion in funding from the SFA competition. To maximize access to solar energy for low-income (LI) and disadvantaged communities, EPA has revised the maximum …
by Ryan Kristoff The U.S. Dept. of Energy (DOE) recently announced that States can apply for their funding allocations through the Inflation Reduction Act (IRA)-created Home Energy Rebate programs. Utah’s Office of Energy Development (OED) will administer the funds in Utah. Once the program is underway, multifamily affordable housing (MFAH) will be able to receive rebates of up to $14 thousand per …
By Scott Griffin | Business Development, TBL Fund Mr. Griffin oversees TBL Fund grant and investment lifecycles. He fosters relationships with investors and grantors alike, helping develop proposals and managing document and information exchange to ensure TBL Fund has the financial resources to further its mission. Climate change threatens Tribal homelands, food sources, cultural resources, and sacred ways of life. …
Originally published on tblfund.org The Inflation Reduction Act (IRA) has created a wealth of opportunities to scale green solutions like heat pumps, solar, energy storage, and weatherization in underserved communities. To pursue holistic clean energy solutions, stakeholders can access tax credits, grants, and other incentives. Triple Bottom Line Foundation’s (TBL Fund) focus is serving indigenous communities and multifamily affordable housing …