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 …

TBL Fund one of 67 Winners Awarded $6.7 Million to Advance Clean Energy in Rural America

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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

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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 …

The What, Why, and How of CDFIs

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A Community Development Financial Institution (CDFI) is a financial institution whose primary mission is to help communities that are traditionally left out of banking and investing options. They differ from each other in practices and requirements, but tend to focus on innovative lending options (including less stringent lending practices), educational outreach, and lending for small businesses. CDFIs can be regulated …

Clean Energy Financing Insights: Why Green Retrofits Offer Better Bang for the Buck

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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

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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. …

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 …

ower CO2 emissions to limit global warming and climate change.

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

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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 …