ICAST Sets New Record for Its Heat Pump Work with Rocky Mountain Power

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ICAST is pleased to announce that in September, it processed over 1,000 multifamily heat pump rebates for Rocky Mountain Power (RMP), thus setting a new monthly record. ICAST has managed RMP’s custom multifamily program in Utah since its launch in 2018, and this program is one of the nation’s most successful for electrification in multifamily properties. It covers the entire …

Multifamily Public Housing

Decarbonizing the Nation’s Buildings ~ Ensuring Multifamily Benefits from the Push

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Ensuring Multifamily Benefits from the Push By Ravi Malhotra Tax Credit Advisor, August 2023 Since early 2023, ICAST’s articles have covered the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) and their potential impacts on multifamily affordable housing. The BIL provided billions for the Weatherization Assistance Program (WAP) on top of the standard allocation, so for the next four …

Heat Pump being repaired

Electrification Upgrades

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A New Generation of Heat Pump Systems Increases Efficiency By Ravi Malhotra Tax Credit Advisor, July 2023 More and more states have regulations and mandates requiring multifamily affordable housing properties to decarbonize (i.e., replace the use of natural gas, oil, or propane with electricity). This can be accomplished by upgrading systems for space and water heating. Electric heat pumps are …