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 …
How Do We Move WAP Funding Into Multifamily Affordable Housing?
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 …
ICAST Receives Funds to Support Workforce Development and Energy Independence
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 …
ICAST Registers New Carbon Credits
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 …
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 …
ICAST Receives Award to Pilot a Multifamily-Focused Redesign of the Weatherization Assistance Program
ICAST Receives Award to Pilot a Multifamily-Focused Redesign of the Weatherization Assistance Program ICAST is excited to announce that we were recently awarded approximately $1.9 million from the U.S. Department of Energy (DOE) to launch “WAP 2.0″— an innovative redesign of the Weatherization Assistance Program (WAP). The WAP, overseen by the DOE, helps reduce low-income (LI) households’ energy costs by …
ICAST’s Work with Environmental Justice Communities Advances Justice, Equity, Diversity, and Inclusion
ICAST’s Work with Environmental Justice Communities Advances Justice, Equity, Diversity, and Inclusion As recently announced, ICAST was awarded $50,000 in funding from the Environmental Protection Agency (EPA) to serve multifamily affordable housing (MFAH) property owners in environmental justice (EJ) communities in New Mexico. Maintaining healthy, affordable housing is a clear EJ goal: it promotes healthy, productive, and sustainable environments for …
ICAST founder and president Ravi Malhotra discusses decarbonization at multifamily affordable projects in New York and Utah
Case Study: Getting Ahead of the Decarbonization Curve By Mark Fogarty / Issue: June 2022 Projects in New York and Salt Lake City Save Tons on Carbon Annually Decarbonization, changing from fossil fuels to electric, is a word affordable multifamily asset managers are going to need to learn in a hurry, if they don’t know it already. And that’s true even if the electricity …
ICAST Partners for Energy Savings Work at Santa Fe Homeless Shelter
Jim Weber, Santa Fe New Mexican (October 13, 2021) Casa Milagro, a Santa Fe homeless facility for people with mental illnesses, intends to brighten its atmosphere with solar energy. Desirée Bernard, executive director of Casa Milagro, said the stars (including the sun) aligned to provide big benefits for her place on Camino Bajo, south of Santa Fe. First, Casa Milagro’s …