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Funding for Green Upgrades and Preservation

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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, …

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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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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 …

ICAST Presents at NASCSP Annual Conference

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ICAST’s Director of Business Development, Ryan Kristoff, and Sales Development Representative, Curt Shepard attended the National Association for State Community Service Programs (NASCSP) Annual Training Conference in late October. ICAST was proud to be both a presenter and exhibitor at the event which focused on discussing two core federal programs the Weatherization Assistance Program (WAP) and the Community Services Block …

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 …

November 2022 Policy Blog

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Kristen Cheriegate  |  ICAST Policy Analyst ******************* Department of Housing and Urban Development Receives Multifamily Program Comments On October 27, the U.S. Department of Housing and Urban Development (HUD) closed its Request for Information (RFI) to obtain public input regarding the development of its Green and Resilient Retrofit Program (GRRP). The RFI sought guiding information on prioritizing the GRRP’s work, …

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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 …

October 2022 Policy Blog

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Kristen Cheriegate  |  ICAST Policy Analyst ******************* Department of Housing and Urban Development Releases New Guidelines for Community Solar Participants The U.S. Department of Housing and Urban Development (HUD) has issued new guidance to HUD Multifamily Housing field staff, owners, and management agents on the treatment of on-bill virtual net energy metering credits commonly resulting from a resident’s participation in …

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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 …