Latest Updates
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A brownout at the LPO?
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.
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Rising Insurance in America
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…
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Public Service and Imagining the Future Public Sector
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…
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Electric School Bus Dealers
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.…
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Credit due: A money market approach to Clean Energy Tax Credits
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…
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Energy finance trends in 2024: What are the experts saying?
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…
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HUD’s New Section 18 Notice Makes Public Housing Rehab and Preservation Easier
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…
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HUD Operating Cost Adjustment Factors & The Importance of Good Data
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…
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State capacity: The Inflation Reduction Act, American federalism, and infrastructure finance
On December 3, 2024, CPE Senior Associate for Energy Finance Advait Arun presented at the University of Sydney’s Climate Economy political economy and geography workshop about how the Inflation Reduction Act builds state capacity in the public sector. His presentation focused on three aspects of the Inflation Reduction Act—namely, elective pay (direct pay), the Loan…
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HUD Rebrands Faircloth-to-RAD as Restore Rebuild
On November 12th, the Office of Multifamily Housing at the Department of Housing and Urban Development (HUD) announced they have officially rebranded the process widely known as “Faircloth-to-RAD,” doing away with the bureaucratic moniker in favor of “Restore-Rebuild.” For the past few years, Faircloth-to-RAD, (hereafter referred to as Restore-Rebuild), has generated interest as a new pathway for public housing…