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How Colorado’s Multifamily Affordable Housing can Benefit from the Inflation Reduction Act and Bipartisan Infrastructure Law

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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 …

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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 …

ICAST Experts Weigh In: What Virtual Power Plants Can Mean for Multifamily

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Nick Grahf | Demand-Side Management Program Manager Mr. Grahf furthers ICAST’s mission to drive economic, environmental, and social change by designing and implementing demand-side management programs. ICAST supported a large-scale virtual power plant (VPP) development at the Soleil Lofts property through its implemented Rocky Mountain Power Wattsmart Multifamily Program. These net-zero apartments utilize clean energy and are equipped with 5.3 …

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Update on ICAST’s Program to Deploy Heat Pumps in Multifamily Housing

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ICAST is nearing the end of its program to catalyze the mass adoption of very high-efficiency (VHE) heat pump HVAC systems and water heaters in multifamily (MF) housing, especially MF affordable housing (MFAH). It installs thousands of VHE heat pumps in MF and MFAH each year. However, with funding from the U.S. Dept. of Energy’s Building Technologies Office, it has …

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ICAST Experts Weigh In: Don’t-Miss Decarbonization Updates from 2022 

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ICAST Experts Weigh In: Don’t-Miss Decarbonization Updates from 2022   Ryan Kristoff | Director of Business Development  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. Before we turn all our attention to 2023 and the feeding frenzy created by the Inflation Reduction …

How Utility Programs Can Drive Electrification and Energy Efficiency in Multifamily Affordable Housing

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by Ravi Malhotra, Founder & President, ICAST Originally published in NH&RA’s Tax Credit Advisor Magazine, December 2022 While the federal, state and local governments are picking up the pace in their decarbonization efforts, very few of those programs, and even fewer utility rebate programs, specifically target multifamily housing. Unless the multifamily sector acts, it runs the risk of missing out …

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TBL Fund Receives Award to Facilitate Green Projects in Underserved Communities

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TBL Fund Receives Award to Facilitate Green Projects in Underserved Communities Triple Bottom Line Foundation (TBL Fund) was recently awarded $125,000 from the Community Development Financial Institutions (CDFI) Fund, which it will leverage to increase its capacity to finance green projects for multifamily affordable housing and disadvantaged communities. TBL Fund provides development services and customized financial products to help preserve …

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How Do We Move WAP Funding Into Multifamily Affordable Housing? 

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How Do We Move WAP Funding Into Multifamily Affordable Housing?  By Ravi Malhotra / Issue: October 2022 National Housing & Rehabilitation Association The Bipartisan Infrastructure Law (BIL) provided $3.5 billion for the Weatherization Assistance Program (WAP); a ten-times increase that is to be spent in the next five years. This is on top of the regular WAP funds the states receive annually. As explained …

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ICAST Receives Funds to Support Workforce Development and Energy Independence 

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ICAST Receives Funds to Support Workforce Development and Energy Independence  ICAST recently received $25,000 from Wells Fargo to support our Colorado workforce development program, the Denver Clean Energy Construction Career Accelerator (DCECCA). We are partnered with Energy Efficiency Business Coalition (EEBC) and Julius Education to help disadvantaged individuals access entry-level green jobs and to provide high-efficiency heat pump upskilling for …

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ICAST Registers New Carbon Credits

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ICAST Registers New Carbon Credits ICAST is excited to announce that we have posted a new carbon credit project on the GHG CleanProject Registry website that represents the reduction of over 7,000 tons of carbon emissions. The New Mexico (NM) Energy Conservation Measures Project illustrates the environmental benefits of delivering energy efficiency and renewable energy solutions in multifamily affordable housing …