Below you'll find a list of all posts that have been tagged as “multifamily housing”
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, …
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 …
By Mark Fogarty NH&RA November 2023 If Timed Right, Financial “Braiding” Techniques May Cover Whole Cost of Retrofits There’s a brave new world of opportunities for “green” multifamily affordable housing renovation and development coming with the ever-quickening ascendancy of green buildings. This is according to one of the early adopters of clean energy solutions in multifamily, Ravi Malhotra. New pots of money …
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 …
A New Generation of Heat Pump Systems Increases Efficiency By Ravi Malhotra Tax Credit Advisor, July 2023 More and more states have regulations and mandates requiring multifamily affordable housing properties to decarbonize (i.e., replace the use of natural gas, oil, or propane with electricity). This can be accomplished by upgrading systems for space and water heating. Electric heat pumps are …
Lee Alexander | Finance Manager Mr. Alexander supports TBL Fund by developing and executing corporate strategic initiatives relating to risk and compliance to facilitate growth and to drive process improvements and operational efficiencies. A blog published through the U.S. Dept. of Energy’s Better Buildings Solution Center discussed the value of leveraging financing and renovation events to drive low-income multifamily housing …
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 …
It is understandably challenging for cost-constrained multifamily affordable housing (MFAH) property owners and managers to spend their carefully budgeted dollars on unfamiliar green tech (e.g., heat pump-based HVAC) vs. familiar technologies with lower upfront costs. While “going green” can be expensive, traditional or “business as usual” retrofits have limited benefits. They may solve an immediate problem (e.g., addressing/replacing failed HVAC …
