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 …

ICAST Releases Resource Guide for Deploying Solar in Multifamily Housing

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Since 2019, ICAST has been working with the U.S. Dept. of Energy’s Solar Energy Technology Office to implement Project SunLight, an initiative to overcome the hurdles of deploying solar PV in MFAH. MFAH has been chronically underserved by clean energy programs, denying the low-income tenants access to green solutions that could reduce their utility bills and improve their quality of …

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 …

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Leveraging Federal, State, and Utility Incentives to Fund Solar

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By Ravi Malhotra / Tax Credit Advisor May 2023 With the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL), the business case for solar-for-multifamily affordable housing is the best it’s ever been. Multifamily properties can leverage Solar Photovoltaic (PV) (and energy storage) to cut utility bills and/or bridge financing gaps.  The IRA increases the baseline Solar Investment Tax Credit …

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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 …