Below you'll find a list of all posts that have been tagged as “Bipartisan Infrastructure Law (BIL)”
The US Dept. of Energy (DOE) recently released its 2024 Progress Report for the Better Buildings initiative—an annual publication that highlights the achievements of the initiative and its partners by sector. The Better Buildings initiative (BB) aims to improve energy efficiency and advance decarbonization across the nation’s various building sectors. BB helps organizations reduce their energy use, lower operational costs, …
The US Department of the Treasury (“Treasury”) recently released a report showing the benefit of the IRA’s clean energy tax incentives for consumers. More than 3.4 million families claimed $8.4 billion in IRA-enabled tax credits in 2023 alone. With IRA funds starting to make their way into the homes of Americans, the deep impact of the bill is beginning to …
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 …
Rapid market, regulatory, and policy evolutions are creating opportunities for utilities to coordinate with key stakeholders to identify and harness untapped methods of achieving their program goals. The U.S. is beginning to see a slow transition away from natural gas-based efficiency measures as electrification has emerged as a leading decarbonization strategy and a growing pathway for utility energy efficiency programs. …
by Ravi Malhotra How should the multifamily affordable housing market ensure it maximizes its benefits from the various federal, state, and local government resources on offer? Government programs typically do not consider or emphasize strategic and meaningful leveraging and collaboration with other programs, much less provide valuable guidance to do so. The lack of coordination within and between agencies and …
Originally published in AESP’s Energy Intel Magazine – Q4 2023 Issue “Beneficial electrification” involves transitioning customers away from energy-inefficient and harmful appliances such as gas- and propane-based HVAC, water heaters, cook stoves, and clothes dryers (and even resistance electric systems), to better, high-efficiency, solutions such as heat pump HVAC and Water heaters and induction cook stoves. While this can reduce …
By Ravi Malhotra, Originally published in NH&RA Tax Credit Advisor, January 2024 The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) are providing the best business case ever, for “greening” multifamily affordable housing (MFAH). Between the massive amounts of new funding and the growing pressure to decarbonize your MFAH properties, “business as usual” designs or retrofit solutions are rapidly …
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 …
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. …
Ensuring Multifamily Benefits from the Push By Ravi Malhotra Tax Credit Advisor, August 2023 Since early 2023, our 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 …
