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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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Working to Revitalize Democracy: New Power Project

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Working to Revitalize Democracy: New Power Project The New Power Project is a relatively new initiative that will seek out values-driven individuals who have grown up in marginalized or underserved communities and help them run for elective office. It will work to break down barriers that so often prevent these individuals from seeking and winning public office, such as a …

ICAST’s AmeriCorps VISTA Program: Meet the VISTA Members

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ICAST’s AmeriCorps VISTA Program: Meet the VISTA Members Since 2021, ICAST has been a host site for Volunteers in Service to America (VISTA) members. Some VISTA members from that first year went on to other organizations, while some stayed with ICAST. Recently, new VISTA members joined the team. Their hard work and dedication help us reduce low-income households’ energy burdens, preserve affordable housing, and …

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Funding for Green Upgrades and Preservation

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By Ravi Malhotra, Founder and President, ICAST NH&RA, March 2023 Engaging Multifamily Owners The Inflation Reduction Act (IRA) provided the Environmental Protection Agency (EPA) with approximately $35 billion that is relevant to multifamily affordable housing. These funds are for emissions reduction projects, and multifamily housing can access them to facilitate green upgrades for affordable housing preservation. Through two separate programs, …