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
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 …
ICAST Experts Weigh In: How to Bring Quality Retrofits to the Multifamily Market
Monica Paici | Director of Marketing Ms. Paici supports the organization by developing marketing plans, implementing promotional programs for ICAST’s work, and overseeing the design and distribution of ICAST publications. If you have been following our coverage of the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL), you know that ICAST has been working to educate housing and energy …
TBL Fund Experts Weigh In: Scaling Clean Energy Projects on Tribal Lands
By Scott Griffin | Business Development, TBL Fund Mr. Griffin oversees TBL Fund grant and investment lifecycles. He fosters relationships with investors and grantors alike, helping develop proposals and managing document and information exchange to ensure TBL Fund has the financial resources to further its mission. Climate change threatens Tribal homelands, food sources, cultural resources, and sacred ways of life. …
TBL Fund Announcing New Bridge Loan Product to Facilitate Green Projects
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 …
Decarbonizing the Nation’s Buildings ~ Ensuring Multifamily Benefits from the Push
Ensuring Multifamily Benefits from the Push By Ravi Malhotra Tax Credit Advisor, August 2023 Since early 2023, ICAST’s articles have covered the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) and their potential impacts on multifamily affordable housing. The BIL provided billions for the Weatherization Assistance Program (WAP) on top of the standard allocation, so for the next four …
ICAST Experts Weigh In: Green Upgrades – Customer Satisfaction and Keeping Costs Low
By Rob Foley | Technical Solutions Specialist Mr. Foley supports the organization with his expertise in energy auditing, capital need assessments, and energy modeling. New incentives from the Inflation Reduction Act (IRA) have elevated high-efficiency heat pump HVAC technology in our news feeds and conversations. ICAST has been promoting and installing these systems for years because we recognized their potential …
ICAST Experts Weigh In: What We Can Learn from Other Countries About Scaling Heat Pump Technology
Jeff Hargis | ICAST Senior Technical Project Manager Mr. Hargis supports the organization by leveraging his expertise in energy efficiency, distributed energy resources, and project management to help drive ICAST’s green retrofit projects. Heat pumps for space and water heating are receiving growing attention in the U.S. as a means of cutting greenhouse gas emissions and reducing utility costs. More …
Leveraging Federal, State, and Utility Incentives to Fund Solar
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 …