By Ravi Malhotra / Tax Credit Advisor May 2023 With the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL), the business case for solar-for-multifamily affordable housing is the best it’s ever been. Multifamily properties can leverage Solar Photovoltaic (PV) (and energy storage) to cut utility bills and/or bridge financing gaps. The IRA increases the baseline Solar Investment Tax Credit …
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 …
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 …