By Ravi Malhotra Originally posted in Tax Credit Advisor, January 2025 After the 2024 elections, many in the multifamily affordable housing sector worry that key Bipartisan Infrastructure Law (BIL) and Inflation Reduction Act (IRA) funds may be clawed back by the incoming administration. These funds provide tax credits, grants and other forms of incentives for green and clean energy deployment and have been crucial to closing …
Funding for Green Retrofits
By Ravi Malhotra Originally posted in Tax Credit Advisor, October 2024 Federal Tax Credits, Rebates, Low-Cost or Forgivable Loans, and Grants are Hitting the Ground The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) are in their second and third years, respectively. Treasury guidance is now available for almost all of the IRA’s clean energy tax credit provisions. Furthermore, …
ICAST at the ACEEE Summer Study on Energy Efficiency in Buildings
ICAST’s Vice President of Grant Programs, Ryan Kristoff, recently attended the American Council for an Energy-Efficient Economy’s (ACEEE) biennial conference on decarbonizing the building sector. This conference brings together professionals, policymakers, researchers, and other stakeholders from across the world to discuss evolving best practices for designing and implementing energy efficiency solutions in buildings. In addition to receiving an award for …
Solar for Multifamily
By Ravi Malhotra Originally published in NH&RA’s Tax Credit Advisor Magazine Federal Funds for Multifamily Solar Projects En Route The Inflation Reduction Act (IRA) is expected to fund approximately $1 trillion in tax credits for clean energy. A significant portion of the funding is for the solar investment tax credits (ITC)—the base ITC was expanded to 30% and multifamily affordable …
July 2024 Policy Blog
Kristen Cheriegate | ICAST Policy Analyst ========== Study Shows States How to Maximize Federal Funding The American Council for an Energy-Efficient, the AnnDyl Policy Group, and the Building Performance Association have released a new paper identifying strategies that policymakers, efficiency program administrators, and other decision-makers can use to support home energy efficiency upgrades by braiding and stacking new federal funds …
Setting a Course for the Fast-Evolving Incentives Landscape
Influencing vs. Merely Accessing Available Funding Programs By Ravi Malhotra Originally published in NH&RA’s Tax Credit Advisor, May 2024 Government agencies are still racing to get their Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) funds out the door, and they remain open to input from various stakeholders to help guide this process. In advocating for increased investment …
ICAST Experts Weigh In: 2023 Trends and What to Watch for in 2024
Ryan Kristoff | Director of Grant Programs Mr. Kristoff grows the organization by securing the funding and partnerships necessary to build new programs, expand to new geographies, and add services to its one-stop shop. THE 30,000-FOOT VIEW Unsurprisingly, ICAST’s 2023 has primarily focused on the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL). We have been collaborating with federal …
Clean Energy Projects: Looking Ahead to 2024
Clean Energy Projects: Looking Ahead to 2024 By Ravi Malhotra, Originally published in NH&RA Tax Credit Advisor, December 2023 At the close of 2023, it’s a certainty that the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) are catalyzing a huge uptick in clean energy projects across the United States. Unfortunately, it’s equally certain that the multifamily affordable …
Tying it All Together
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 …
Case Study: IRA, BIL Bringing Big Pots of Money to Green Affordable Housing
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. …
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