Demand for IRA Funds Exceeds Supply – MFAH Owners Should Act Now!

TBL MarketingBlog, Newsletter Archive, Triple Bottom Line Foundation News Leave a Comment

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

TBL MarketingBlog, Triple Bottom Line Foundation News Leave a Comment

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 …

TBL Fund one of 67 Winners Awarded $6.7 Million to Advance Clean Energy in Rural America

TBL MarketingBlog, Triple Bottom Line Foundation News Leave a Comment

Today, the U.S. Department of Energy Office of Clean Energy Demonstrations (OCED) announced 67 winners, including TBL Fund, in the first phase of the $6.7 million Energizing Rural Communities Prize. This prize challenges individuals and organizations to develop partnership and financing strategies to support efforts in rural or remote communities to improve their energy systems and advance clean energy demonstration projects. …

Triple Bottom Line Foundation Receives Support from Opportunity Finance Network for its Financing Efforts in Underserved Communities

TBL MarketingBlog, Industry News, Triple Bottom Line Foundation News Leave a Comment

Denver, CO | June 13 2023 – The Triple Bottom Line Foundation (TBL Fund) is a Community Development Financial Institution (CDFI) that provides financial products and services to create economic, environmental, and social benefits for underserved communities. TBL Fund has been awarded a $500,000 grant and a $500,000 investment from Opportunity Finance Network (OFN) for implementation of the Finance Justice …

TBL Fund Expands Its Services to Benefit Communities in California and Washington, D.C.

TBL MarketingBlog, Triple Bottom Line Foundation News Leave a Comment

Denver, CO, May 2023– The Triple Bottom Line Foundation (TBL Fund) is a nonprofit Community Development Financial Institution (CDFI) that provides financial products and services to support green projects in multifamily affordable housing (MFAH) and Indigenous communities. TBL Fund is a Treasury-certified CDFI with a mission to create economic, environmental, and social benefits through the financing of green upgrades for …

The What, Why, and How of CDFIs

TBL MarketingBlog, Triple Bottom Line Foundation News Leave a Comment

A Community Development Financial Institution (CDFI) is a financial institution whose primary mission is to help communities that are traditionally left out of banking and investing options. They differ from each other in practices and requirements, but tend to focus on innovative lending options (including less stringent lending practices), educational outreach, and lending for small businesses. CDFIs can be regulated …

Clean Energy Financing Insights: Why Green Retrofits Offer Better Bang for the Buck

TBL MarketingBlog, Industry News, Triple Bottom Line Foundation News Leave a Comment

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 …

TBL Fund Experts Weigh In: Driving Energy Retrofits in Multifamily Affordable Housing

TBL MarketingBlog, Industry News, Triple Bottom Line Foundation News

Lee Alexander | TBL Fund 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 energy retrofits. …

Leveraging Federal, State and Utility Incentives to Fund Solar

TBL MarketingBlog, Industry News, Triple Bottom Line Foundation News

By Ravi Malhotra as seen in May 2023 NH&RA HousingOnline.com 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 …

Energy Financing Options for Green Upgrades in Multifamily Affordable Housing

TBL MarketingBlog, Industry News, Triple Bottom Line Foundation News Leave a Comment

TBL Fund’s founding was informed by the lack of energy financing and of financiers who understand energy financing (vs. traditional debt financing) and the disproportionate impact of this lack on multifamily affordable housing (MFAH). It understands that accessing financing for energy efficiency, renewable energy, and water conservation projects can be challenging due to the sector’s diversity, complexity, and unique characteristics. …