CONSERVATION SAVINGS

6/16/16

 

 

The Texas Legislature makes PACE in a Box more user-friendly for Tax Assessor-Collectors

   

Today, Governor Greg Abbott signed HB 2654 into law, clarifying that tax assessor/collectors across Texas have personal immunity for their work on PACE programs in Texas. This clarification of the Texas PACE law solidifies the intent of the underlying statute. Keeping PACE in Texas is thrilled to have the opportunity to support the Tax Assessor-Collector Association of Texas in this effort.

HB 2654 was introduced by Rep. Lynn Stucky, a freshman representative from Denton. HB 2654 is Rep. Stucky’s first bill signed into law. On the Senate side,  Senator Eddie Lucio, Jr., Cameron, sponsored the bill and Senator Jane Nelson, Denton, cosponsored the legislation. HB 2654 was placed on the local and consent calendars in both houses.

Bruce Elfant (Travis County), Michelle French (Denton County), Ro’Vin Garrett (Brazoria County) and many other Texas tax assessor-collectors worked hard in support of the legislation.  The effort was supported by the Texas Association of Counties, the Texas Municipal League, the Texas Association of Business, the Texas Association of Manufacturers, the Texas Mortgage Bankers Association, the Independent Bankers Association of Texas, the US Green Building Council Texas Chapter, and Keeping PACE in Texas, among others.  

PACE is a voluntary economic development tool designed to assist commercial, industrial, and multifamily property owners in accessing long-term affordable private capital for energy and water saving improvements to property.  The program is available in 11 counties and the cities of Dallas and Houston.  Each jurisdiction is following the PACE in a Box model and selected the Texas PACE Authority to administer the program at no cost to taxpayers.

To start a PACE program in your area, contact the Texas PACE Authority today.

Keeping PACE in Texas and the Texas PACE Authority extend warm congratulations to Rep. Stucky and the Tax Assessor-Collector Association of Texas!

 

5/23/17

MIP:

Reduction for Going Green

Good morning. Churchill would like to remind you that we have implemented into our loan programs our new Acquisition Bridge to HUD program, which is designed to allow developers to acquire a multifamily property under a short-term bridge loan, while simultaneously initiating the underwriting and application process for a FHA/HUD Section 223(f) permanent take out. 
 
The purpose of the program is to expedite the acquisition process and the FHA processing time, as well as avoiding purchase extension fees during the FHA underwriting period.   The program is designed with the intention to use the same third party reports for both the Bridge loan and the HUD Section 223(f) loan, which will benefit the sponsor by reducing overall costs and improving processing time further.
 
Additionally, your sponsors can enjoy more savings through HUD’s reduction of mortgage insurance premiums for all of its programs by going “Green.”  The following chart provides the current upfront and annual mortgage insurance premiums for those properties that qualify as “Green” compared to the previous mortgage insurance premiums:
 
Mortgage Insurance Premium
 
       Upfront MIP         Annual MIP  
All Programs      Previous      Current      Previous    Current
Green      45-95 bps      25 bps      45-95 bps      25 bps
 
HUD’s objective is to reduce the overall impact on the environment by increasing energy and water efficiency and improving indoor air quality while improving resident comfort and reducing operating costs.
 
In order for the property to qualify for the reduction, an Energy Star Score of 75 or above and Green Certification must be obtained.
 
Churchill would be pleased to assist you with determining the benefits of going “Green,” so please contact us to discuss.
 
Future emails will include information regarding the following:
  • Expanding HUD’s Affordable portfolio
  • Replacement Reserve Methodology
 
Churchill understands the importance of the relationship you maintain with your clients; therefore, we welcome your participation in a transaction to protect and preserve that relationship.
 
Thank you,
Skip Santos
Edward “Skip” Santos
Senior Vice President
Correspondent Lending Group
(504) 324-3458
Churchill Stateside Group offers decades of experience in delivering innovative debt and capital equity solutions to owners and developers. CSG is a  FHA MAP Lender, LEAN Lender, a USDA-RD Lender, and Ginnie Mae Issuer-Servicer.
 

 

5/18/17

Join us for the following events and webinars:

High-Performance Buildings + Workplaces Conference & Expo

Arlington, TX | May 17-18, 2017 | FREERegister Now >>
Join Keeping PACE in Texas and the Texas PACE Authority for PACE sessions and visit our booth (#421).

Dallas PACE Service Provider Training

Dallas, TX | May 19, 2017 | 11:00am – 2:30pm | Register Now >>

The training workshop is designed for engineers and contractors and is also valuable to architects, property managers and anyone interested in learning about the Texas PACE program and the benefits it provides to businesses and property owners.

Commercial PACE Technical Standards in Texas

Webinar | May 24, 2017 | 1:00pm-2:00pm | Register Now >>

 

In this webinar, we will detail the technical aspects of a commercial PACE project in Texas. We will examine both the required energy savings analysis and the independent third party review. This webinar will be relevant to all contractors, developers, engineers, and potential third party reviewers of commercial PACE projects in Texas. 

The agenda:
   Part 1: Overview
   Part 2: Project Baseline Case
   Part 3: Projected Savings Case
   Part 4: Calculating Savings
   Part 5: Independent Third Party Review 


5/15/17

Texas PACE Authority and Texas Green Building Marketplace

(Sponsored by USGBC Texas Chapter)

GREAT NEWS — as an business associate of the Texas PACE authority the Texas Green Building Marketplace sponsored by the US Green Building Council, Texas Chapter is offering you a listing in the Marketplace.

Marketplace Listers now receive greater value considering there is a single point of reference for green building and sustainable development activity across the entire state.   Regions within the Texas Chapter are:  Chihuahuan Desert, Gulf Coast, North Texas, South Texas and Central Texas.

You are invited to use the TGBM as a resource (checking other companies’ products, services, expertise and affiliations;  search for employees or  employment; and green building, energy, water and sustainable educational events). 

Also, TGBM is providing a complimentary Basic Business Listing (a $149.00 value).  Please go http://texasgreenbuildingmarketplace.org/advertise.php. Click on Basic Bus Listing and then “Apply Now” (on the left side in green).

Once your basic form has been submitted you will receive a more detailed form where you can add information about your company, two pictures, your logo and website link among other items. Since you or your company is associated with PACE, at the end of that detailed form place ‘PACEBASIC’ to insure the complimentary listing. Should your company desire to have a Business or Featured listing, the $149.00 will be credited to that balance. 

Should you have any questions, please call 512-470-9923 on Tuesdays or Thursdays.

Best regards,

Kay McManus

Texas Green Building Marketplace Administrator

www.texasgreenbuildingmarketplace.org

U.S. Green Building Council – Texas Chapter

Office:  512-470-9923

 


5/12/17

Green Bonds Growing Fast & ICAST News

 

 

ICAST Launches New DSM Program with NM Gas

This April, ICAST started a new 2-year contract with New Mexico Gas Company to manage the energy efficiency rebate programs for multifamily properties in their territory.  This new program includes low-income and market-rate multifamily properties. ICAST is committed to serving over 3,600 households by saving over 200,000 therms annually as part of this contract. 

ICAST is Growing!

 

 

 

 

We are excited to welcome Barb Frost and Arvind Sudaliamani to the ICAST Team! Arvind will help ICAST manage our databases and Barb will be assisting ICAST in the Administration & Accounting Dept. 

ICAST is also looking for a new Business Development Executive  another Energy Efficiency Engineer. If you or someone your know is interested, you can find the job description and instructions to apply here….

Resident Engagement Initiative Underway

Our green retrofit projects don’t stop after the construction crew leaves. Educating residents on behaviors that will save energy & money, and getting resident feedback is an important next step. ICAST is currently running educational campaigns and conducting surveys at buildings we’ve worked on in Colorado and New Mexico.

 

Green Bond Funds Surge

Green bond issuance is growing fast, part of the overall trend of impact investments becoming more popular. With $81 billion of green bonds issued in 2016 compared to just $3 billion issued in 2012, US fund companies are looking to tap into investor demand for these bonds, which finance projects from green infrastructure and real-estate development to energy-efficiency initiatives.

Learn More

Worries of Fed Tax Cuts Chills Affordable Housing Market

 

 

 

 

Because of the proposed slash in corporate tax rates, investors are concerned about the future worth of federal low-income housing tax credits (LIHTC), the key to financing almost every affordable housing project in the nation. If the corporate tax rate, now at 35%, is cut to 20 or even 15%, the credits would not be as attractive to investors who use them to lower their tax liability in return for financing housing projects.

Learn More

ACEEE Ranks US Cities on Energy Efficiency

States and localities are leading the way when it comes to implementing energy-efficient policies and programs. Learn how ACEEE creates their Energy Efficiency Scorecard and check where your city ranks!

Learn More

 

 

Work at ICAST 

Are you passionate about helping under-served communities, furthering clean energy, and making a difference? We have jobs and volunteer opportunities for smart individuals whose goals align with our mission.


5/12/17

Texas PACE Authority and Texas Green Building Marketplace (Sponsored by USGBC Texas Chapter)

GREAT NEWS — as an business associate of the Texas PACE authority the Texas Green Building Marketplace sponsored by the US Green Building Council, Texas Chapter is offering you a listing in the Marketplace.

Marketplace Listers now receive greater value considering there is a single point of reference for green building and sustainable development activity across the entire state.   Regions within the Texas Chapter are:  Chihuahuan Desert, Gulf Coast, North Texas, South Texas and Central Texas.

You are invited to use the TGBM as a resource (checking other companies’ products, services, expertise and affiliations;  search for employees or  employment; and green building, energy, water and sustainable educational events). 

Also, TGBM is providing a complimentary Basic Business Listing (a $149.00 value).  Please go http://texasgreenbuildingmarketplace.org/advertise.php. Click on Basic Bus Listing and then “Apply Now” (on the left side in green).

Once your basic form has been submitted you will receive a more detailed form where you can add information about your company, two pictures, your logo and website link among other items. Since you or your company is associated with PACE, at the end of that detailed form place ‘PACEBASIC’ to insure the complimentary listing. Should your company desire to have a Business or Featured listing, the $149.00 will be credited to that balance. 

Should you have any questions, please call 512-470-9923 on Tuesdays or Thursdays.


 

 
1931 Art Deco Jefferson County Courthouse before the Port of Beaumont

Attribution: Regrothenberger at en.wikipedia

JEFFERSON COUNTY 

ESTABLISHES PACE PROGRAM

On Monday, Jefferson County became the 11th county in Texas to establish a PACE program and select the Texas PACE Authority to be its administrator.  Led by Judge Branick, the Commissioners Court created an economic development vehicle that enables Jefferson commercial, industrial and multifamily property owners to upgrade their facilities and lower operating costs without imposing cost or liability on the County or its taxpayers.  A special thanks to Mr. Jay Old, Hicks Thomas LLP, who introduced his colleagues and friends in Jefferson County to Keeping PACE in Texas and the benefits of commercial PACE. 

Jefferson is the fourth gulf coast county to adopt PACE and increases the number of Texas industrial ports with access to PACE financing to 7: 

  • Port of Beaumont
  • Port of Brownsville
  • Port of Corpus Christi
  • Port of Houston
  • Port of Port Isabel
  • Port of Port Mansfield
  • Port of Port Arthur

 

PACE TRAINING WORKSHOPS

SCHEDULED ACROSS TEXAS

The training workshops below are designed for engineers and contractors and are also valuable to architects, property managers and anyone interested in learning about the Texas PACE program and the benefits it provides to businesses and property owners. 

Nueces County PACE Service Provider Training

Corpus Christi, TX | April 18, 2017 | 11:00am – 2:30pm | Register Now >>

Dallas PACE Service Provider Training

Dallas, TX | May 19, 2017 | 11:00am – 2:30pm | Register Now >>

 

 

3/24/17

 

Free Educational Webinar Series Features Advice from Industry Experts

1. Affordable Housing Solutions in a Challenging Environment

April 6th from 11:30-12:15 p.m. MST

Panelists will take a step back, and look at the prospects of affordable housing in light of potential federal budget cuts. This outlook will go over which programs are likely to survive, and the new ideas and initiatives that are likely to sustain the affordable housing industry for years to come.

 

2. Simplifying RAD

April 11th, 2017 from 10:30-11:15 a.m. MST
April 18th, 2017 from 12:30-1:15 p.m. MST

Undertaking a RAD conversion can be a daunting task. But with the right advice, PHAs can access several important benefits to upgrade their properties. In this webinar, attendees will learn how to take full advantage of RAD public-private partnerships.

 

3. Leveraging Green Lending Programs to Increase NOI

April 19th, 12:30-1:15 p.m. MST
April 20th, 10:30-11:15 a.m. MST

There are several lending incentives available from FHA, Fannie Mae, and Freddie Mac to increase profitability and implement capital improvements. These programs can reduce your MIP and loan costs by as much as 40 basis points! In this webinar, attendees will learn how to take advantage of available green lending programs for multifamily housing, and how to determine which options are cost-effective for specific projects.

 

 

 

 

Announce the Launch of Our New Website!

Dear friends, 

ICAST (International Center for Appropriate & Sustainable Technology) has been working on a re-branding project so we can more clearly define the services we provide. This branding includes a new look and a new website. 

We are excited to announce that our new website is now live!  We hope you will take a look at our new site, which will allow us to more effectively highlight our expertise in multifamily housing retrofits, green consulting, green financing and impact investing.  As we grow in each of these areas, this website will be the foundation of information and education for all who work with us in the future.

We look forward to hearing your feedback on the new site! If you have thoughts/comments/questions please email them to benc@icastusa.org


PACE Comes to Aggieland


 

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Join us at these PACE events near you:

Service provider training – Dallas 9/27

Join the Texas PACE Authority for the 2nd Dallas PACE Service Provider Training!

Register now!

Dallas 2030 District Lunch and Learn – PACE 2.0 – Dallas 9/28

PACE Part 2.0 with a focus on Tax Liabilities and Real Estate Law

Register now!

Houston Green Office Challenge Solar and PACE Workshop with PACE – 10/3

Learn everything you need to know about solar and PACE.

Register now!

San Antonio 2030 District PACE Member Forum – San Antonio 10/13

Learn about the benefits of PACE for Bexar County.

Register now!

Eco El Paso 2016 Conference – El Paso 10/19-20

Join the Texas PACE Authority at the Eco El Paso Conference to learn about how PACE Financing can benefit commercial properties.

Register now!

Service Provider Training – El Paso 10/21

Mark your calendars.


A Free Car Wash + ICAST news

     
diversity

TBL, a US Department of Treasury certified Community Development Financial Institution (CDFI), is offering real estate investment opportunities in the Multi-Family Affordable Housing (MFAH) space. TBL is looking for debt and equity investments to finance green upgrades in MFAH. Contact us today!


 

ICAST INSIGHT

 

ICAST Launches Resource Guide

In partnership with the Oak Hill Fund, ICAST has developed a Multifamily Green Rehabilitation Resource Guide aimed at helping service providers, and owners preserve affordable housing across the country.

Program Info

 

ICAST Partners with Wells Fargo on Grant 

Wells-Fargo

 

 

 

 

 

ICAST was recently awarded the Wells Fargo Clean Technology and Innovation Grant to help Public Housing Authorities (PHAs) implement Energy Performance Contracts.

 

ICAST Wins SEP Grant from CDPHE and Noble Energy

COLORADO

ICAST has won the Supplemental Environmental Project (SEP) Grant from the Colorado Department of Public Health and Environment (CDPHE) in partnership with Noble Energy. As a result, ICAST will implement green upgrades including: energy efficiency, water conservation, indoor air quality remediation, and renewable energy solutions for Weld County tenants living in affordable housing properties.

 

INDUSTRY NEWSImpact Investor Survey 2016

ANNUAL IMPACT

The sixth edition of the Annual Impact Investor Survey is based on an analysis of the activities of 158 of the world’s leading impact investing organizations, including fund managers, foundations, banks, development finance institutions, family offices, pension funds, and insurance companies.

Read full article

 

A Water Free Car Wash 

CAR WASH

 

Taylor Mitcham was an engineering student at Penn State when she got the idea to develop a car washing system that used no water. Located in State College, PA, Simple Car Wash serves all of Centre County with a water-free, on-location car washing service.

Read full article

 

Making Efficiency Work for Small Business Landlords and Tenants

MAKING EFFICIENCY

 

 

 

 

 

 

 

 

Ninety percent of the commercial real estate market is made up of small and medium buildings whose landlords and tenants are waiting to be engaged on sustainability. Recognizing this, IMT and (COSE) just wrapped up a two-year initiative in Cleveland to improve the small business community’s understanding of sustainability.

Read full article

 

 

 

Work at ICAST 

Are you passionate about helping neglected populations, clean energy and helping make a difference? We have jobs and volunteer opportunities for smart individuals whose goals align with our mission. Currently, we have several jobs, internship, and volunteer opportunities available.

Current Jobs           Intern/Volunteer Opportunities

Upcoming Events

July 26, 2016
Executive Night Speaker Series
Mountain View Room, Regis University

BUILDING

Effective leadership entails creating a vision of the future, and inspiring people to engage and support that vision under difficult conditions. Join us for an engaging and exciting evening as Dick Monfort, Owner, Chair, and Chief Executive Officer of the Colorado Rockies baseball team discusses the challenges that the team faced, and how he resolved them. Dick will also give us a glimpse into the future of this storied franchise.

REGISTRATION AND INFO 

 

 

 

ICAST Programs:

 TRIPLE BOTTOM LINE  PROTECT SUN LIGHT  RESOURCESMART

 

         

ICAST (International Center for Appropriate and Sustainable Technology)
777 S. Wadsworth Blvd. Bldg. 4 Ste. 205
Lakewood CO, 80226

Contact Us
303.462.4100

 
 

 

 

 

click on page to view/print full document

UA_Page_1

Shopping on Amazon this holiday season? Click this link to shop with Amazon Smile and have a percentage of your purchase donated to ICAST at no cost to you!

 

ICAST Wins Energy Efficiency Award

Public Service of New Mexico (PNM)  awarded the 2016 Greatest Project Savings Award for Multifamily Properties to ICAST for Camion Real Apartments in Albuquerque, New Mexico. This 248-unit property will save $40,968 in utilities costs annually. 

 

ICAST Signs Its First EPC Project

ICAST is managing an energy performance contract (EPC) for Truth or Consequences Housing Authority for its 100 public housing units in Truth or Consequences, New Mexico. ICAST will help with installation of energy conservation measures and solar PV systems on these affordable housing units.

 

ICAST Welcomes New Team Member

Josh Troxell joined the ICAST team this month as a Business Development Executive! Josh brings extensive experience in sales, logistics, and quality assurance to ICAST, and will spearhead efforts to serve low and moderate-income markets across multiple states. 

 

 

 New HUD Efficiency Reporting Requirements

The US Dept of Housing and Urban Development announced a proposal that would require multifamily property owners of certain properties and Public Housing Authorities to submit information on energy and water consumption that would be used for benchmarking their portfolio of properties. 

Read full article

 

Colorado Researchers Produce Lithium Ion Electrodes from Brewery Wastewater

Researchers at the University of Colorado-Boulder have come up with a process to produce a fast-growing fungus, Neurospora crassa, in the sugar-rich wastewater from breweries, which can be used to make anodes for lithium-ion batteries.

Read full article

 

First Water-Energy Climate Registry Takes Shape in California

California Governor Brown has signed a bill creating a voluntary greenhouse gas registry to capture the energy intensity of water use in the state. The new law charges the California EPA with the creation of a Water-Energy Nexus Registry. 

Read full article

 

 
click on cover to read/print brochure
Financing Renewaable Energy Tax Credit_Page_01
 
TBL Fund Signs Up to Provide PACE Financing in Texas 1
TBL Fund Signs Up to Provide PACE Financing in Texas 2 TBL Fund Signs Up to Provide PACE Financing in Texas 3
TBL Fund Signs Up to Provide PACE Financing in Texas 4 TBL Fund Signs Up to Provide PACE Financing in Texas 4
 
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Congratulations to the City of Houston for a 

Great PACE Hearing

 Thanks to all who attended the hearing in support of Houston’s PACE program on October 21.

You can see what was covered in the hearing HERE.

Notice of Public Hearing:

Cameron & Willacy Counties

We invite you to support the establishment of PACE programs in both Willacy and Cameron counties. Show your support at a public hearing to be held at the Harlingen Public Library on Thursday, October 29, 2015, from 5:30 pm – 6:30 pm.

A copy of each county’s PACE Report is available for public inspection at the following locations and websites:

Cameron County
1100 E. Monroe St.
Dancy Building
Brownsville, TX
Visit Website
Willacy County
576 W. Main Avenue
Raymondville, TX
Visit Website
LRGVDC
Attn: Terrie G. Salinas
301 W. Railroad Street
Weslaco, TX
Visit Website

 

Learn How to PACE Your Community

2015 CATEE Pre-Conference Workshop:

“Putting PACE into Action” on Dec. 1

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If you are a local government official or staff person interested in establishing a PACE program in your county or city, then this “Putting PACE into Action” workshop is for you.  The 2015 Clean Air Through Energy Efficiency (CATEE) Conference is hosting a free pre-conference workshop on December 1, 2015 from 9-12:30 in Galveston.

The workshop will give you the tools and background necessary to create and implement a PACE program in your area. Come and hear from local government officials with experience implementing PACE programs,Keeping PACE in TexasThe Texas PACE Authority and other stakeholders active in efforts to establish PACE programs throughout Texas.

The CATEE Conference connects public and private decision makers and thought leaders with the purpose of helping communities improve decisions that determine the energy and water intensity of the built environment. Register for the conference HERE.

Note:  The “Putting PACE into Action” portion of the conference is free.

 Sign Up for PACENation  pace 3

PACENation is a PACENow initiative to build a nation-wide PACE financing community. Sign up for PACENation

Attend the first PACENation Summit on Feb 29 – Mar 2 in Denver, Colorado to learn the latest on all things PACE in the US. More info

 

 
 

 

 

 Click on the covers to read/print the full reports

 

Travis County PACE Overview_Page_01

TAAHP Emerging Tech session by ICAST_Page_12

 

 

 

 

 

 

 

 

 

 

 

Calling All Lenders_Page_1

 
 

Pages from NAHB Economic Impact - HTC Developments

 


LIHTC Statistics

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