Ravi Malhotra Author Archives

Many federal and state agencies aiming to spend their Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) funds for residential clients are finding out that it will not be easy.

The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) are providing the best business case ever, for “greening” multifamily affordable housing.

At the close of 2023, it’s a certainty that the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) are catalyzing a huge uptick in clean energy projects across the United States.

Federal agencies have steadily made progress in rolling out the new funds from the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL).

As we near the end of the year, federal agencies, including the U.S. Department of Energy (DOE), the U.S. Department of Housing and Urban Development (HUD) and the Environmental Protection Agency (EPA), are finalizing the design of Inflation Reduction Act (IRA)-created programs and releasing more and more of the funds.

Since early 2023, ICAST’s articles have covered the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) and their potential impacts on multifamily affordable housing.

As demand for electric vehicles (EVs) intensifies, multifamily owners and operators are increasingly forced to explore their EV charging options.

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.

The Bipartisan Infrastructure Law (BIL) provided the U.S. Department of Energy (DOE) $3.2 billion for the Weatherization Assistance Program (WAP).

The Inflation Reduction Act (IRA) provided the Environmental Protection Agency (EPA) with approximately $35 billion that is relevant to multifamily affordable housing.

How Multifamily Affordable Housing Can Benefit from the IRA and BIL

While the federal, state and local governments are picking up the pace in their decarbonization efforts, very few of those programs, and even fewer utility rebate programs, specifically target multifamily housing.