Case Study: Energy Retrofits in New Mexico By Mark Fogarty / NH&RA Issue: April 2023 Solar Panels Come with Home Improvements Residents at three public housing authority properties for Santa Fe County in New Mexico are happy to see solar panels installed on the roofs of their projects, as the arrays also come with 16 additional upgrades for the tenants. The …
ICAST Experts Weigh In: Available Federal Tax Credits, Incentives, and Grants for Underserved Communities
ICAST Experts Weigh In: Available Federal Tax Credits, Incentives, and Grants for Underserved Communities By Ravi Malhotra: Founder and President| Mr. Malhotra’s focus is finding financially sustainable models to solve the affordable housing crisis while tackling climate change. He manages the design and implementation of all ICAST programs and initiatives. Kristen Cheriegate: Senior Policy Analyst | Ms. Cheriegate navigates ICAST through …
ICAST Secures Contracts to Grow its Clean Energy Efforts in Underserved Communities
ICAST Secures Contracts to Grow its Clean Energy Efforts in Underserved Communities ICAST has been busy forming new partnerships with federal and state agencies, utility companies, and others to deliver clean energy retrofits in multifamily affordable housing (MFAH). It has also been working with its existing partners to act on new opportunities. A few highlights of ICAST’s recent efforts are …
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 …
Funding for Green Upgrades and Preservation
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, …
How Colorado’s Multifamily Affordable Housing can Benefit from the Inflation Reduction Act and Bipartisan Infrastructure Law
How Colorado’s Multifamily Affordable Housing can Benefit from the Inflation Reduction Act and Bipartisan Infrastructure Law By Ravi Malhotra, Founder and President, ICAST Colorado Real Estate Journal – Multifamily Properties Quarterly, February 2023 The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) dramatically expand opportunities for multifamily affordable housing (MFAH) to leverage cash rebates, tax credits, and other …
November 2022 Policy Blog
Kristen Cheriegate | ICAST Policy Analyst ******************* Department of Housing and Urban Development Receives Multifamily Program Comments On October 27, the U.S. Department of Housing and Urban Development (HUD) closed its Request for Information (RFI) to obtain public input regarding the development of its Green and Resilient Retrofit Program (GRRP). The RFI sought guiding information on prioritizing the GRRP’s work, …
Decarbonization and Electrification
Decarbonization and Electrification By Pamela Martineau / Issue: June 2022 NATIONAL HOUSING & REHABILITATION ASSOCIATION Efforts in Affordable Housing Still in Early Stages Affordable housing communities across the nation have much to gain from decarbonization and electrification, yet unfamiliarity with new technologies, the high cost of retrofitting buildings, and complicated access to funding sources and incentives have slowed the conversion. These issues are among …
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