Tying it All Together

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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 …

Multifamily Public Housing

Decarbonizing the Nation’s Buildings ~ Ensuring Multifamily Benefits from the Push

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Ensuring Multifamily Benefits from the Push By Ravi Malhotra Tax Credit Advisor, August 2023 Since early 2023, ICAST’s articles have covered the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) and their potential impacts on multifamily affordable housing. The BIL provided billions for the Weatherization Assistance Program (WAP) on top of the standard allocation, so for the next four …

2024 Healthy Homes Calendar Coloring Contest

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Calling young artists!! HUD’s Office of Lead Hazard Control and Healthy Homes (OLHCHH) is looking for artists nationwide to participate in the 2024 Healthy Homes Calendar Contest. The calendar will be a 12-month calendar highlighting the “8 Principles of a Healthy Home”. We invite children in grades Kindergarten through 6th to complete and submit a drawing or picture following one …

July 2023 Policy Blog

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Kristen Cheriegate  |  ICAST Policy Analyst ******************* IRS and Treasury Release Additional Guidance on Low-Income Community Credit Program The Internal Revenue Service (IRS) and the Department of Treasury recently closed the comment period on a Notice of Proposed Rulemaking concerning the low-income communities’ bonus energy investment credit program. Established under the Inflation Reduction Act (IRA), this Program is designed to …

Heat Pump being repaired

Electrification Upgrades

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A New Generation of Heat Pump Systems Increases Efficiency By Ravi Malhotra Tax Credit Advisor, July 2023 More and more states have regulations and mandates requiring multifamily affordable housing properties to decarbonize (i.e., replace the use of natural gas, oil, or propane with electricity). This can be accomplished by upgrading systems for space and water heating. Electric heat pumps are …

US Capitol building with money background

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 …

Book of Renters Rights

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) …

Energy rating level with contractor tape measure

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 …

US Capitol building

December 2022 Policy Blog

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Kristen Cheriegate  |  ICAST Policy Analyst ******************* Biden-Harris Administration Announces State and Tribe Allocations for Home Energy Rebate Program The U.S. Dept. of Energy (DOE) provided an update on the allocation of funds from the Inflation Reduction Act (IRA) for consumer home energy rebate programs that will help households pursue energy efficiency and electrification for their homes. Allocations have been …