Better Buildings, an initiative of the Department of Energy that drives energy efficiency innovation across the nation, recently published its 2024 Progress Report. The report discusses the innovations in many sectors, notably financing, that drive the Better Buildings mission forward. TBL Fund is recognized in the report as a Climate Finance Innovation Award winner, an award given to Better Buildings …
TBL Fund Receives Support from Wells Fargo for its Financing Efforts in Tribal Communities
TBL Fund is excited to announce that it was recently awarded a $100,000 grant from the Wells Fargo Foundation to expand its decarbonization and energy efficiency efforts for Tribal Communities. These funds will contribute to our efforts with the New Mexico Department of Indian Affairs in creating a sustainable energy program aimed at providing access to clean energy, energy efficiency, …
TBL Fund’s Strategic Partnerships in Green Financing Makes Real Impacts
Recent thought leadership in green financing suggests that collaboration between organizations, particularly across silos, is the key to achieving climate goals, scalable and replicable projects, and deep energy retrofits in America’s aging multifamily housing supply. Organizations from the Department of Energy to the American Council for an Energy-Efficient Economy vouch for this idea, emphasizing the need for diverse skillsets and …
Tackling Barriers to Clean Energy Projects
The disadvantaged and underserved communities TBL Fund serves have long faced disproportionate barriers to accessing funding for their green projects, whether in terms of capital, resources, or expertise. For example, a 2023 report from the Dept. of Energy (DOE) notes that Tribes have a “an unmet need for project grant funding, technical expertise, and internal capacity building [that] continues to …
Funding for Green Retrofits
Federal Tax Credits, Rebates, Low-Cost or Forgivable Loans and Grants are Hitting the Ground As seen in Tax Credit Advisor, October 1, 2024By Ravi Malhotra The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) are in their second and third years, respectively. Treasury guidance is now available for almost all of the IRA’s clean energy tax credit provisions. Furthermore, $480 …
The Why and How of TBL Fund’s Bridge Loans
The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) offer billions for green solutions such as heat pumps, solar panels, energy storage, and weatherization in underserved communities. TBL Fund has been working to leverage our financing services with these funds to support green projects for multifamily affordable housing (MFAH) properties and other disadvantaged communities (DACs). Many of the IRA/BIL …
TBL Fund Recognized by U.S. Department of Energy as a Climate Finance Innovator
Denver, Colorado, April 3, 2024 – Triple Bottom Line Foundation (TBL Fund), a national 501c3 nonprofit community development financial institution (CDFI), has received an award from the U.S. Dept. of Energy (DOE) for deploying innovative decarbonization financing solutions that go beyond current market practices. TBL Fund received an award through the DOE’s Better Buildings Challenge for innovative green financing practices …
Sticking the Landing on the Triple Bottom Line – Understanding the TBL Fund and ICAST Partnership
Triple Bottom Line Foundation (TBL Fund) is a 501c3 nonprofit Community Development Finance Institution (CDFI) with a mission to deliver environmental, social, and economic benefits to underserved communities nationally. To honor this mission, it provides financial products to drive clean energy and green solution deployments in multifamily affordable housing properties (MFAH) and Disadvantaged communities (DAC). These product offerings include: Learn …
Demand for IRA Funds Exceeds Supply – MFAH Owners Should Act Now!
With the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL), federal, state, and local agencies have been charged with quickly spending an unprecedented amount of funds for energy efficiency and renewable energy programs. Multifamily affordable housing (MFAH) can leverage these dollars to minimize costs for projects that incorporate solar and storage, heat pump HVAC and hot water, health and …
TBL Fund Announcing New Bridge Loan Product to Facilitate Green Projects
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. Stakeholders can access tax credits, grants, and other incentives to pursue holistic clean energy solutions. Triple Bottom Line Foundation’s (TBL Fund) focus is serving indigenous communities and multifamily affordable housing (MFAH) stakeholders. We have …