Bridge Loans Can Unlock Your Property’s Energy Efficiency Potential In the rapidly evolving landscape of green energy, timing is everything. The current influx of investment tax credits and incentives under the Inflation Reduction Act (IRA) presents an opportunity for multifamily affordable housing, disadvantaged, and Tribal communities to implement solar and energy efficiency upgrades. However, these financial benefits often arrive after …
TBL Fund Announcing New Bridge Loan Product to Facilitate Green Projects
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 …
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 …