TBL Fund Announcing New Bridge Loan Product to Facilitate Green Projects

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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 …

Leveraging Federal, State and Utility Incentives to Fund Solar

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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 …

Green Finance Coalition Moves Forward

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The EPA’s new Greenhouse Gas Reduction Fund (GGRF) guidance has presented both challenges and opportunities for everyone interested in trying to capture some of the funding available.  TBL Fund is pressing forward with our Green Finance Coalition.  With 20 interested CDFI’s, CU’s and HFA’s, and growing, we’re also laying the groundwork for this coalition to be more than just a …

Energy Financing Options for Green Upgrades in Multifamily Affordable Housing

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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. …

Case Study: Energy Retrofits in New Mexico

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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 …

ower CO2 emissions to limit global warming and climate change.

Green Retrofits Signal the Future in Cities’ Push Towards Decarbonization

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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, …

Accessing Federal and Utility Incentives for Green Projects

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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

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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

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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!

Inflation Reduction Act and Bipartisan Infrastructure Law: What Triple Bottom Line Foundation is Watching

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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 …