Case Study: IRA, BIL Bringing Big Pots of Money to Green Affordable Housing

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 …

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 …

Free Online Clean Energy Safety Training Available

A Department of Energy-funded program is providing free online education and training on the safety and installation of solar, energy storage, electric vehicle supply equipment, and high-performance buildings (a group of technologies collectively called, “distributed energy resources,” or DERs). The EMPOWERED program, this initiative offers videos, guides, CEU-bearing courses, and more on two websites: CleanEnergyTraining.org and CleanEnergyClearinghouse.org.   The EMPOWERED resources …

Taking Advantage of Federal Funds to Preserve and Construct Affordable Housing – Lessons Learned from the American Recovery and Reinvestment Act

If you follow blog, you know we have been hard at work leveraging opportunities created by the Bipartisan Infrastructure Law (BIL) and Inflation Reduction Act (IRA) to scale green solutions in underserved communities. For example, as previously reported, the BIL provided $3.2B for the U.S. Dept. of Energy’s Weatherization Assistance Program (WAP) on top of the $1.6B standard WAP allocation …