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March 2023 Policy Blog

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Kristen Cheriegate  |  ICAST Policy Analyst ******************* U.S. Department of Energy Launches Community Power Accelerator Prize The Community Power Accelerator Prize is a $10 million prize competition designed to expand the ecosystem of community solar project developers by providing funding, resources, tools, and training to new and established developers. Eligible entities include U.S. community solar developers, including new developers, co-developers …

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Funding for Green Upgrades and Preservation

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By Ravi Malhotra, Founder and President, ICAST NH&RA, March 2023 Engaging Multifamily Owners The Inflation Reduction Act (IRA) provided the Environmental Protection Agency (EPA) with approximately $35 billion that is relevant to multifamily affordable housing. These funds are for emissions reduction projects, and multifamily housing can access them to facilitate green upgrades for affordable housing preservation. Through two separate programs, …

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How Colorado’s Multifamily Affordable Housing can Benefit from the Inflation Reduction Act and Bipartisan Infrastructure Law

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How Colorado’s Multifamily Affordable Housing can Benefit from the Inflation Reduction Act and Bipartisan Infrastructure Law   By Ravi Malhotra, Founder and President, ICAST Colorado Real Estate Journal – Multifamily Properties Quarterly, February 2023 The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) dramatically expand opportunities for multifamily affordable housing (MFAH) to leverage cash rebates, tax credits, and other …

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Pursuing Green Projects: How Multifamily Affordable Housing Can Benefit from the IRA and BIL

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Pursuing Green Projects: How Multifamily Affordable Housing Can Benefit from the IRA and BIL  by Ravi Malhotra National Housing & Rehabilitation Association, February 2023 The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) dramatically expand opportunities for multifamily affordable housing to pursue green projects via cash rebates, tax credits and other incentives. The IRA is by far the largest investment in …

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February 2023 Policy Blog

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Kristen Cheriegate  |  ICAST Policy Analyst ******************* White House Unveils New and Updated Tenant Protections On January 25, the Biden-Harris Administration announced new actions to increase fairness in the rental market and further principles of fair housing. The announcement includes, but is not limited to, the following items: The Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) …

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January 2023 Policy Blog

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Kristen Cheriegate  |  ICAST Policy Analyst ******************* Biden-Harris Administration Announces $45 Million to Support Resilient and Efficient Building Energy Codes  Under the Bipartisan Infrastructure Law (BIL), the U.S. Dept. of Energy (DOE) has announced $45M in competitive grants to help states and partnering organizations implement updated building energy codes and reduce energy bills. According to U.S. Secretary of Energy Jennifer …

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The Bipartisan Infrastructure Law and Inflation Reduction Act: What ICAST is Watching

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The Bipartisan Infrastructure Law and Inflation Reduction Act: What ICAST is Watching Within the space of a year, President Biden signed two bills into law that contain billions of dollars for clean energy and underserved communities. Funds from the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) will go toward building out the nation’s EV charging infrastructure, incentivizing …

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How Do We Move WAP Funding Into Multifamily Affordable Housing? 

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How Do We Move WAP Funding Into Multifamily Affordable Housing?  By Ravi Malhotra / Issue: October 2022 National Housing & Rehabilitation Association The Bipartisan Infrastructure Law (BIL) provided $3.5 billion for the Weatherization Assistance Program (WAP); a ten-times increase that is to be spent in the next five years. This is on top of the regular WAP funds the states receive annually. As explained …