By Ravi Malhotra / NH&RA Issue: April 2023 The Bipartisan Infrastructure Law (BIL) provided the U.S. Department of Energy (DOE) $3.2 billion for the Weatherization Assistance Program (WAP). This is on top of the ongoing ~$1.6 billion allocation (the standard WAP allocation independent of the BIL money for WAP) over the next five years. The BIL funds allow for some …
Green Retrofits Signal the Future in Cities’ Push Towards Decarbonization
Green Retrofits Signal the Future in Cities’ Push Towards Decarbonization By Abram Mamet / NH&RA April 2023 Green Retrofitting in Practice Well-considered and meaningfully executed retrofits have become increasingly important as communities across the country seek out effective climate resilience strategies. States like Massachusetts, New York, Illinois and Pennsylvania are at the forefront of that movement, having each enacted legislation or …
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 …
ICAST Experts Weigh In: The Inflation Reduction Act: Potential for Scaling Solar in Underserved Communities
ICAST Experts Weigh In: The Inflation Reduction Act: Potential for Scaling Solar in Underserved Communities By Sam Lipman | ICAST Director of Solar Programs Mr. Lipman is responsible for the development of shared solar projects, thus furthering ICAST’s work to help underserved communities benefit from clean energy solutions. While solar PV generation in the U.S. has grown dramatically, this growth has not …
March 2023 Policy Blog
Kristen Cheriegate | ICAST Policy Analyst ******************* U.S. Department of Energy Launches Community Power Accelerator Prize The Community Power Accelerator Prize is a $10 million prize competition designed to expand the ecosystem of community solar project developers by providing funding, resources, tools, and training to new and established developers. Eligible entities include U.S. community solar developers, including new developers, co-developers …
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 …
Pursuing Green Projects: How Multifamily Affordable Housing Can Benefit from the IRA and BIL
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 …