CPE’s Director of Energy Yakov Feygin and Senior Associate for Capital Markets Advait Arun prepared a research memo for the SEEC Institute outlining how states can advance decarbonization and green industrial policy amid federal uncertainty. This memo draws on CPE’s work with state agencies and municipalities nationwide, and demonstrates how tools like green banks, revolving…
In our work supporting state financing instrumentalities, state energy offices, and local governments in preparing clean energy deployment plans, we have often found ourselves describing the kinds of capabilities and functionalities that we believe public financial instrumentalities must be able to exercise in order to meet their decarbonization and community development goals. While we have…
At Center for Public Enterprise, (CPE) we see revolving loan funds (RLFs) as one of the government’s most effective tools: a way to turn a one-time invest into a lasting source of financing for projects and sectors the private market deems insufficiently profitable but which deliver needed public benefit. In housing, a foundational example is…
Watch the webinar here.Read the presentation here. On August 1, 2025, the Center for Public Enterprise, RMI, Milken Institute Community Infrastructure Center, and S2 Strategies hosted a webinar called “Maintaining Momentum: How States and Private Finance Can Continue to Lead on Clean Energy.” The leadership of subnational governments, green banks, and private financing are vital…
The One Big Beautiful Bill Act, recently signed into law, made an interesting tweak to the tax structure of energy projects: It reinstated developers’ ability to deduct the total cost of their capital expenditures from their taxable income in the year they made those expenditures. This provision, known as “full expensing” or “100 percent bonus…
New data released by the U.S. Department of Housing and Urban Development (HUD) shows that the Section 542(c) Risk Share and Federal Financing Bank (FFB) program continues to serve as a useful tool for state Housing Finance Agencies (HFAs) aiming to increase affordable housing production across the United States. From 2024 to 2025, interest in…
Project-based rental assistance is one of the federal government’s most powerful tools for supporting the production and preservation of affordable housing. By guaranteeing stable, long-term rental payments, these types of contracts enable housing development in markets where rents would otherwise not support construction or rehabilitation, especially in rural or smaller communities. Congress should therefore take…
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…