Heat Pump Installations Slow, Impeding Biden’s Climate Goals

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By Santul Nerkar and Madeleine Ngo  Originally published in The New York Times, Nov. 9, 2023  More Americans are buying heat pumps, an environmentally friendly alternative to furnaces and air-conditioners that can significantly lower monthly energy bills. But the pace of installations has slowed in the past year, posing an obstacle to the Biden administration’s climate plans.  Rising interest rates and inflation combined …

Case Study: IRA, BIL Bringing Big Pots of Money to Green Affordable Housing

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By Mark Fogarty  NH&RA November 2023 If Timed Right, Financial “Braiding” Techniques May Cover Whole Cost of Retrofits There’s a brave new world of opportunities for “green” multifamily affordable housing renovation and development coming with the ever-quickening ascendancy of green buildings. This is according to one of the early adopters of clean energy solutions in multifamily, Ravi Malhotra—founder and president of ICAST. …

November 2023 Policy Blog

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Kristen Cheriegate  |  ICAST Policy Analyst White House Takes Action to Create More Affordable Housing The Biden-Harris Administration has released a fact sheet that highlights new actions to support the conversion of high-vacancy commercial buildings to residential use, including through new financing, technical assistance, and the sale of federal properties – creating much-needed affordable housing, energy-efficient, near transit, and good …

October 2023 Policy Blog

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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 …