By Ravi Malhotra Originally posted in Tax Credit Advisor, October 2024 Federal Tax Credits, Rebates, Low-Cost or Forgivable Loans, and Grants are Hitting the Ground The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) are in their second and third years, respectively. Treasury guidance is now available for almost all of the IRA’s clean energy tax credit provisions. Furthermore, …
Update on ICAST’s Heat Pump Training Program
Update on ICAST’s Heat Pump Training Program Audrey Knox | Workforce Training Manager Ms. Knox manages the implementation of ICAST’s workforce training initiatives in collaboration with ICAST’s partners across the country. Stakeholders across the country recognize that heat pumps are the future of HVAC and domestic hot water. Thankfully, we see growing awareness and adoption of these technologies—note, for example, …
ICAST Grows Library of Resources for Scaling Clean Energy in Underserved Communities
New Community Solar Resources: ICAST works nationally with disadvantaged communities (DACs) to develop their assets for solar and battery energy storage systems (BESS). Recently, we published a new web page discussing our work. The page features: Our community-scale solar PV and BESS projects with Tribal and utility clients and A new guidance document containing best practices and recommendations for states …
Setting a Course for the Fast-Evolving Incentives Landscape
Influencing vs. Merely Accessing Available Funding Programs By Ravi Malhotra Originally published in NH&RA’s Tax Credit Advisor, May 2024 Government agencies are still racing to get their Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) funds out the door, and they remain open to input from various stakeholders to help guide this process. In advocating for increased investment …
ICAST Grows Library of Resources for Driving Green Retrofits in Multifamily Housing
Recommendations for Federal and State Agencies: ICAST has created a dedicated webpage containing resources to help federal and state agencies working to expend their Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) funding on residential markets, especially income-qualified residents. These resources show how and why programs focused on multifamily housing—specifically, multifamily affordable housing—offer the best solution because they are …
Pulling Federal Investment into Multifamily Housing
By Ravi Malhotra Originally published in NH&RA Tax Credit Advisor, February 2024 Most federal and state agencies aiming to spend their Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) funds for residential clients are finding out that it will not be easy. Most do not think of multifamily affordable housing when they design their residential programs. In focusing on …
Clean Energy Projects: Looking Ahead to 2024
Clean Energy Projects: Looking Ahead to 2024 By Ravi Malhotra, Originally published in NH&RA Tax Credit Advisor, December 2023 At the close of 2023, it’s a certainty that the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) are catalyzing a huge uptick in clean energy projects across the United States. Unfortunately, it’s equally certain that the multifamily affordable …