By Ravi Malhotra Originally published in Utah Rental Housing Journal More funds from the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) are working their way toward communities. For example, Utah’s Office of Energy Development is currently preparing its applications for the U.S. Dept. of Energy’s funded Home Energy Rebate programs. The Environmental Protection Agency is considering applications under …
ICAST Releases 2023 Annual Report
Thank you to our staff, customers, contractors, investors, donors, and board members for your continued support of ICAST. Last year was an eventful one, featuring highlights such as: We continued our innovative work to increase the adoption of solar and very high-efficiency heat pump technologies in multifamily affordable housing properties. We also developed and disseminated resources to help other stakeholders …
Tapping Grants, Loans, and Incentives to Cut Project Costs
by Ravi Malhotra How should the multifamily affordable housing market ensure it maximizes its benefits from the various federal, state, and local government resources on offer? Government programs typically do not consider or emphasize strategic and meaningful leveraging and collaboration with other programs, much less provide valuable guidance to do so. The lack of coordination within and between agencies and …
ICAST Experts Weigh In: Housing Policy Priorities for 2024
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. ICAST’s mission never falters, and we continue to scale the delivery of green solutions to positively impact vulnerable households in low-income and disadvantaged communities (LIDACs). In …
How Programs Can Navigate Aggressive Change to Achieve Deep Energy Savings in Multifamily
Rapid market, regulatory, and policy evolutions are creating opportunities for utilities to coordinate with key stakeholders to identify and harness untapped methods of achieving their program goals. The U.S. is beginning to see a slow transition away from natural gas-based efficiency measures as electrification has emerged as a leading decarbonization strategy and a growing pathway for utility energy efficiency programs. …
Clean Energy for All: Optimizing Beneficial Electrification for Customers
Originally published in AESP’s Energy Intel Magazine – Q4 2023 Issue “Beneficial electrification” involves transitioning customers away from energy-inefficient and harmful appliances such as gas- and propane-based HVAC, water heaters, cook stoves, and clothes dryers (and even resistance electric systems), to better, high-efficiency, solutions such as heat pump HVAC and Water heaters and induction cook stoves. While this can reduce …
New Resource to Help Multifamily Affordable Housing Access Funds for Projects
By Ravi Malhotra, Originally published in NH&RA Tax Credit Advisor, January 2024 The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) are providing the best business case ever, for “greening” multifamily affordable housing (MFAH). Between the massive amounts of new funding and the growing pressure to decarbonize your MFAH properties, “business as usual” designs or retrofit solutions are rapidly …
In Case You Missed It: ICAST Affiliate Offering New Services for Green Projects
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 …
ICAST Experts Weigh In: 2023 Trends and What to Watch for in 2024
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 …
Tying it All Together
Tying it All Together Timing and Key Considerations for Green Funds and Programs By Ravi Malhotra, NH&RA Tax Credit Advisor, November 2023 Federal agencies have steadily made progress in rolling out the new funds from the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL). Multifamily property owners can fold these dollars into capital stacks for projects that incorporate solar and …