It’s not just about cost—the bill text imposes new and perhaps insurmountable uncertainties on project developers and investors.
As of June 17, 2025, these are the changes Center for Public Enterprise is tracking in the Senate Finance Committee’s draft of the “Big Beautiful Bill.” They are not meant to be exhaustive, but rather important items to flag for the energy sector and public finance. Sources for this summary include the bill text, the…
This proposal would, in no uncertain terms, mean the end of the Loan Programs Office as we know it. And, as written, the Energy Dominance Financing program that Senate ENR has put forth to replace the LPO’s existing programs is not set up for success, either.
Read the full report here. Center for Public Enterprise is excited to share with our community this important research completed by our Spring 2025 Research Assistants at American University’s Master of Public Administration and Policy: Jacqueline Crespo, Taylor Jones, Sarah Moore and Tommy Zabonik. The Impact of Fluctuating Insurance Coverage on Affordable Housing explores how…
This week, during Public Service Recognition Week of all weeks, my social feeds are filled with tributes and reflections from friends and colleagues leaving federal service because they were either forced out or saw the writing on the wall. We are collectively losing decades upon decades of expertise and knowledge that up until now has…
Author’s Note: I recently had the honor of being invited to present to the World Resource Institute’s Electric School Bus Initiative consortium alongside Jigar Shah, the former director of the Loan Programs Office. The WRI electric mobility team asked me to present on how public developers could support traditional green banking-related solutions to e-mobility challenges.…
While there is quite a bit of uncertainty about the future of the IRA, the clean energy tax credits appear to be the most robust part of the law. They have extremely strong, bipartisan interest groups behind them. In addition, despite being the biggest line item in the bill, their budget impact is small compared…
Every January, the project finance law team at Norton Rose Fulbright brings together infrastructure investment experts to discuss trends across the American energy finance landscape. These Cost of Capital Outlook reports have been a fount of information for our team’s energy finance modeling work. There’s no other source we’ve found that so succinctly covers trends…
Lost in the rush at the end of the year was news that HUD’s Office of Public and Indian Housing released a notice on December 26th (PIH 2024-40) updating the governance of the demolition and disposition of public housing property under Section 18 of the Housing Act of 1937. Public housing authorities (PHAs) interested in…
On December 11, 2024, HUD published a notice establishing the Operating Cost Adjustment Factors (OCAFs) they will be using for FY25 and requesting comments on some methodological changes to how they are calculated. While often overlooked as a bureaucratic exercise, the establishment of OCAFs actually has an incredible impact on the funding level for projects…