Below you'll find a list of all posts that have been tagged as “multifamily affordable housing”
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 …
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 …
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 …
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 …
By Ravi Malhotra Originally published in NH&RA Tax Credit Advisor, February 2024 Most federal and state agencies aiming to spend their Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) funds for residential clients are finding out that it will not be easy. Most do not think of multifamily affordable housing when they design their residential programs. In focusing on …
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 …
Clean Energy Projects: Looking Ahead to 2024 By Ravi Malhotra, Originally published in NH&RA Tax Credit Advisor, December 2023 At the close of 2023, it’s a certainty that the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) are catalyzing a huge uptick in clean energy projects across the United States. Unfortunately, it’s equally certain that the multifamily affordable …
By Ravi Malhotra NH&RA, October 2023 One of the Inflation Reduction Act’s (IRA) most significant budget items is the money for tax credits, which could ultimately be worth over $500 billion. Key credits for multifamily affordable housing include: New Energy Efficient Homes Credit (45L); Solar and Energy Storage Investment Tax Credit (ITC); Alternative Fuel Vehicle Refueling Property Credit (30C); and …
By Ravi Malhotra Tax Credit Advisor, September 2023 As we near the end of the year, federal agencies, including the U.S. Department of Energy (DOE), the U.S. Department of Housing and Urban Development (HUD) and the Environmental Protection Agency (EPA), are finalizing the design of Inflation Reduction Act (IRA)-created programs and releasing more and more of the funds. Many of …
