Below you'll find a list of all posts that have been categorized as “Industry News”
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 incentives for preservation and construction. This is a once-in-a-lifetime opportunity to utilize green solutions to cut costs (capital, operating, and maintenance), improve NOI, and …
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 …
Heat Pump Project at 47 Seventy Recognized by Utah Housing Coalition Utah Housing Coalition (UHC) gives awards to individuals, agencies, and projects that increase housing affordability. Rocky Mountain Power (RMP) nominated 47 Seventy Settler’s Point for a green renovation incorporating dual fuel heat pump upgrades this year. The results are in, and 47 Seventy took home a Project of the …
TBL Fund Receives Award to Facilitate Green Projects in Underserved Communities Triple Bottom Line Foundation (TBL Fund) was recently awarded $125,000 from the Community Development Financial Institutions (CDFI) Fund, which it will leverage to increase its capacity to finance green projects for multifamily affordable housing and disadvantaged communities. TBL Fund provides development services and customized financial products to help preserve …
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 …
Rocky Mountain Power Presents Award to Planet-Friendly Multifamily Affordable Housing Development Each year at the Utah Housing Coalition (UHC) Utah Housing Matters Conference, the Rocky Mountain Power (RMP) Wattsmart Multifamily Program presents an energy efficiency award to a multifamily development. The recipient for 2022 was Box 500, built by Eco Box Fabricators. Box 500 is Utah’s first multi-story apartment complex …
Weatherizing Multifamily Affordable Housing with BIL Funding By Ravi Malhotra / National Housing & Rehabilitation Association Issue: August 2022 The U.S. Department of Energy’s (DOE) Weatherization Assistance Program (WAP) helps low-income households access energy efficiency, renewable energy and health and safety upgrades for their homes. The Bipartisan Infrastructure Law (BIL) that was passed last year provides $3.5 billion for WAP, increasing …
Decarbonization and Electrification By Pamela Martineau / Issue: June 2022 NATIONAL HOUSING & REHABILITATION ASSOCIATION Efforts in Affordable Housing Still in Early Stages Affordable housing communities across the nation have much to gain from decarbonization and electrification, yet unfamiliarity with new technologies, the high cost of retrofitting buildings, and complicated access to funding sources and incentives have slowed the conversion. These issues are among …
A wave of monster energy storage projects has washed up in Southern California, with LS Power recently flipping on the most powerful one yet. Things are moving fast in the grid battery industry — and nowhere faster than California. That’s where LS Power, a private equity firm and grid infrastructure developer, hooked up the new most powerful battery in the country last month. …
As the world begins to emerge from mandated lockdowns, many of us have developed a different perspective concerning humankind’s impact on the environment. Even though Harvard University has asserted that there isn’t direct evidence to link climate change to the spread of COVID-19, the Ivy League college did suggest that climate change affects human health in general. Whether it’s deforestation, the emission …
