Below you'll find a list of all posts that have been tagged as “loans”
TBL Fund provides financing and technical assistance for Solar installations for households living in multifamily affordable housing (MFAH). With a commitment to innovation, TBL Fund offers a range of energy financing solutions, including energy performance contracts (EPC), property assessed clean energy (PACE), power purchase agreements (PPA), Energy-as-a-Service (EaaS), off-balance sheet financing, and bridge financing. A recognized leader in the sector, …
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 …
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 …
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 …
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 …
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, …
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) …
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!
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 …
