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 …
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. …
Triple Bottom Line Foundation Receives Support from Opportunity Finance Network for its Financing Efforts in Underserved Communities
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 …
Clean Energy Financing Insights: Why Green Retrofits Offer Better Bang for the Buck
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 …
TBL Fund Experts Weigh In: Driving Energy Retrofits in Multifamily Affordable Housing
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. …
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 …
Green Finance Coalition Moves Forward
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 …
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. …
Case Study: Energy Retrofits in New Mexico
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 …
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