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 …

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 …

Solar panels renewable energy efficiency money savings

Pursuing Green Projects: How Multifamily Affordable Housing Can Benefit from the IRA and BIL

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Pursuing Green Projects: How Multifamily Affordable Housing Can Benefit from the IRA and BIL  by Ravi Malhotra National Housing & Rehabilitation Association, February 2023 The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) dramatically expand opportunities for multifamily affordable housing to pursue green projects via cash rebates, tax credits and other incentives. The IRA is by far the largest investment in …