Ravi Malhotra, April 2023 As seen on housingonline.com: Accessing Federal and Utility Incentives for Green Projects – NH&RA (housingonline.com) The Bipartisan Infrastructure Law (BIL) provided the U.S. Department of Energy (DOE) $3.2 billion for the Weatherization Assistance Program (WAP). This is on top of the ongoing ~$1.6 billion allocation (the standard WAP allocation independent of the BIL money for WAP) …
Learning More About TBL Fund: Recent Work in Underserved Communities
Learning More About the Fund: TBL Fund’s Recent Work in Underserved Communities Triple Bottom Line Foundation (TBL Fund) has been growing its resources and staff in an effort to increase its social, economic, and environmental impacts in multifamily affordable housing (MFAH) and Indigenous communities. It has also been working to take advantage of the new resources and opportunities provided by …
Funding for Green Upgrades and Preservation
Mutli-family affordable housing property owners have access to $8 billion of community-based nonprofit organization funding from states, local governments and other sources for green upgrades and preservation. But they need to act fast before the funds all disappear!
How Colorado’s Multifamily Affordable Housing can Benefit from the Inflation Reduction Act and Bipartisan Infrastructure Law
The Inflation Reduction Act and Bipartisan Infrastructure Law dramatically expand opportunities for multifamily affordable housing to leverage cash rebates, tax credits, and other incentives for preservation and construction. This is a once-in-a-lifetime opportunity to utilize green solutions to cut costs (capital, operating and maintenance), improve net operating income, and increase the health, safety and affordability for the low-income residents of …
Inflation Reduction Act and Bipartisan Infrastructure Law: What Triple Bottom Line Foundation is Watching
The recently passed Inflation Reduction Act and Bipartisan Infrastructure Law have created a wealth of opportunities to scale green solutions like heat pumps, solar, and weatherization in underserved communities. Triple Bottom Line Foundation (TBL Fund) is excited to use the momentum created by these Laws to deliver more green financing services in multifamily affordable housing (MFAH) and Indigenous communities. The …
TBL Fund to lead a Coalition of CDFI’s, create a Revolving Loan Fund for Renewable and Energy Efficiency upgrades to Multi-Family Affordable Housing
TBL Fund is preparing to utilize its expertise at the intersection of green financing and multifamily affordable housing to create and lead a MFAH Greenhouse Gas Reduction Fund (GGRF) Coalition. The EPA’s Greenhouse Gas Reduction Fund is a first-of-its-kind program that will provide $27 Billion in competitive grants to mobilize financing and leverage private capital for clean energy and climate …
TBL Fund Receives Award to Facilitate Green Projects in Underserved Communities
Triple Bottom Line Foundation (TBL Fund) was recently awarded $125,000 from the Community Development Financial Institutions (CDFI) Fund, which it will leverage to increase its capacity to finance green projects for multifamily affordable housing and disadvantaged communities. TBL Fund provides development services and customized financial products to help preserve affordable housing, create local jobs, and address climate change. The award was made through the …
Wattsmart Multifamily Biz. Partner of the Year 2019
At this year’s Utah Housing Matters Conference in Park City Utah, Rocky Mountain Power presented the Wattsmart Affordable Housing Multifamily Partner of the Year 2019 to Danville Development Corporation. The Award, now in its second year, recognizes an organization in the multifamily industry that has made a significant impact within the Rocky Mountain Power service area. Danville Development Corp focuses …
ICAST Moves Into Its New Headquarters
ICAST recently moved into TBL Fund’s recently acquired office building, located at 7400 W. 14th Ave., Denver, Colorado. In the first phase of renovations, new energy efficient windows, insulation, low-flow fixtures, appliances and LED lighting were upgraded. Construction cameras captured the action during the upgrades. Click on the video for a time-lapse of the renovation process. We announced the move …
ICAST Wins ‘Agency of the Year’ Award from the Utah Housing Coalition
ICAST (International Center for Appropriate and Sustainable Technology) a 501(c)(3) nonprofit is honored to receive the ‘Agency of the Year’ award, presented at the Annual Utah Housing Coalition meeting, held in Salt Lake City on Dec. 5, 2018. This award recognizes a non-profit, for-profit, or local government agency that makes significant contributions to the community through their leadership and innovations …