Below you'll find a list of all posts that have been categorized as “Triple Bottom Line Foundation News”
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. …
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 …
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 …
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 …
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 …
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. …
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 …
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. …
By Mark Fogarty, April 2023As seen on Housingonline.com: Case Study: Energy Retrofits in New Mexico – NH&RA (housingonline.com) Solar Panels Come with Home Improvements Residents at three public housing authority properties for Santa Fe County in New Mexico are happy to see solar panels installed on the roofs of their projects, as the arrays also come with 16 additional upgrades …
Abram Mamet, April 2023 As seen in Housingonline.com: Green Retrofits Signal the Future in Cities’ Push Towards Decarbonization – NH&RA (housingonline.com) Green Retrofitting in Practice Well-considered and meaningfully executed retrofits have become increasingly important as communities across the country seek out effective climate resilience strategies. States like Massachusetts, New York, Illinois and Pennsylvania are at the forefront of that movement, …
