Below you'll find a list of all posts that have been tagged as “tax credits”
Bridge Loans Can Unlock Your Property’s Energy Efficiency Potential In the rapidly evolving landscape of green energy, timing is everything. The current influx of investment tax credits and incentives under the Inflation Reduction Act (IRA) presents an opportunity for multifamily affordable housing, disadvantaged, and Tribal communities to implement solar and energy efficiency upgrades. However, these financial benefits often arrive after …
ICAST’s Vice President of Grant Programs, Ryan Kristoff, recently attended the American Council for an Energy-Efficient Economy’s (ACEEE) biennial conference on decarbonizing the building sector. This conference brings together professionals, policymakers, researchers, and other stakeholders from across the world to discuss evolving best practices for designing and implementing energy efficiency solutions in buildings. In addition to receiving an award for …
By Ravi Malhotra Originally published in NH&RA’s Tax Credit Advisor Magazine Federal Funds for Multifamily Solar Projects En Route The Inflation Reduction Act (IRA) is expected to fund approximately $1 trillion in tax credits for clean energy. A significant portion of the funding is for the solar investment tax credits (ITC)—the base ITC was expanded to 30% and multifamily affordable …
ICAST Staff Recognized for Accomplishments in Improving Buildings’ Efficiency: ICAST is thrilled to announce that Ryan Kristoff, our Vice President of Grant Programs, has received an award from the American Council for an Energy-Efficient Economy (ACEEE). ACEEE’s Champions of Energy Efficiency in Buildings awardees are chosen for their innovation, impact, and leadership. Ryan has been recognized in the Young Professionals …
New Community Solar Resources: ICAST works nationally with disadvantaged communities (DACs) to develop their assets for solar and battery energy storage systems (BESS). Recently, we published a new web page discussing our work. The page features: Our community-scale solar PV and BESS projects with Tribal and utility clients and A new guidance document containing best practices and recommendations for states …
Influencing vs. Merely Accessing Available Funding Programs By Ravi Malhotra Originally published in NH&RA’s Tax Credit Advisor, May 2024 Government agencies are still racing to get their Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) funds out the door, and they remain open to input from various stakeholders to help guide this process. In advocating for increased investment …
Recommendations for Federal and State Agencies: ICAST has created a dedicated webpage containing resources to help federal and state agencies working to expend their Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) funding on residential markets, especially income-qualified residents. These resources show how and why programs focused on multifamily housing—specifically, multifamily affordable housing—offer the best solution because they are …
Originally published on tblfund.org The Inflation Reduction Act (IRA) has created a wealth of opportunities to scale green solutions like heat pumps, solar, energy storage, and weatherization in underserved communities. To pursue holistic clean energy solutions, stakeholders can access tax credits, grants, and other incentives. Triple Bottom Line Foundation’s (TBL Fund) focus is serving indigenous communities and multifamily affordable housing …
By Santul Nerkar and Madeleine Ngo Originally published in The New York Times, Nov. 9, 2023 More Americans are buying heat pumps, an environmentally friendly alternative to furnaces and air-conditioners that can significantly lower monthly energy bills. But the pace of installations has slowed in the past year, posing an obstacle to the Biden administration’s climate plans. Rising interest rates and inflation combined …
Tying it All Together Timing and Key Considerations for Green Funds and Programs By Ravi Malhotra, NH&RA Tax Credit Advisor, November 2023 Federal agencies have steadily made progress in rolling out the new funds from the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL). Multifamily property owners can fold these dollars into capital stacks for projects that incorporate solar and …