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 …
TBL Fund one of 67 Winners Awarded $6.7 Million to Advance Clean Energy in Rural America
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. …
Leveraging Federal, State and Utility Incentives to Fund Solar
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 …
Ryan Kristoff interview with the Weather Channel
TBL Fund’s Ryan Kristoff joined the Weather Channel during their Facts are Facts segment to discuss the TBL Fund mission and who we serve.
Energy Financing Options for Green Upgrades in Multifamily Affordable Housing
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. …
Accessing Federal and Utility Incentives for Green Projects
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!
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 …