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 …
2022 ICAST Annual Report
Read the ICAST 2022 Annual Report: 2022 ICAST Annual Report
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 …
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 …
Update on ICAST’s Program to Deploy Heat Pumps in Multifamily Housing
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 …
How Utility Programs Can Drive Electrification and Energy Efficiency in Multifamily Affordable Housing
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 …
TBL Fund Receives Award to Facilitate Green Projects in Underserved Communities
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 …