Below you'll find a list of all posts that have been tagged as “tax credits”
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 Santul Nerkar and Madeleine Ngo Originally published in The New York Times, Nov. 9, 2023 More Americans are buying heat pumps, an environmentally friendly alternative to furnaces and air-conditioners that can significantly lower monthly energy bills. But the pace of installations has slowed in the past year, posing an obstacle to the Biden administration’s climate plans. Rising interest rates and inflation combined …
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. …
Originally published on tblfund.org The Inflation Reduction Act (IRA) has created a wealth of opportunities to scale green solutions like heat pumps, solar, energy storage, and weatherization in underserved communities. To pursue holistic clean energy solutions, stakeholders can access tax credits, grants, and other incentives. Triple Bottom Line Foundation’s (TBL Fund) focus is serving indigenous communities and multifamily affordable housing …
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 …
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 …
