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 …
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 …
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 …
April 2023 Policy Blog
Kristen Cheriegate | ICAST Policy Analyst ******************* Biden-Harris Administration Announces $550 Million to Advance Environmental Justice The Environmental Protection Agency (EPA) announced the availability of $550M from President Biden’s Inflation Reduction Act (IRA) to expedite investments through EPA’s new Environmental Justice Thriving Communities Grantmaking (EJ TCGM) program. This program will fund up to 11 entities to serve as grantmakers that …