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 …
2022 ICAST Annual Report
Read the ICAST 2022 Annual Report: 2022 ICAST Annual Report
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 …
The Bipartisan Infrastructure Law and Inflation Reduction Act: What ICAST is Watching
The Bipartisan Infrastructure Law and Inflation Reduction Act: What ICAST is Watching Within the space of a year, President Biden signed two bills into law that contain billions of dollars for clean energy and underserved communities. Funds from the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) will go toward building out the nation’s EV charging infrastructure, incentivizing …
November 2022 Policy Blog
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, …
October 2022 Policy Blog
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 …
September 2022 Policy Blog
Kristen Cheriegate | ICAST Policy Analyst ******************* Inflation Reduction Act Signed by President On August 17, the White House released a fact sheet regarding the Inflation Reduction Act and its priorities and most significant wins. The bill, which invests $369 billion in energy security and climate change alone, puts the United States on a path to reducing 31-44% of the …
July 2022 Policy Blog
Kristen Cheriegate | ICAST Policy Analyst ******************* White House Promotes Innovation Efforts in Renewables On June 28, the White House announced that its current $7.5b investment to create a nationwide electric vehicle charging network will receive an additional $700m in private investment, which will increase the government’s “capacity to manufacture more than 250,000 new electric vehicle chargers each year, …