LIHTC: Its Past and Current Main Attributes

LIHTC

The Low-Income Housing Tax Credit program (LIHTC or Lie-Tech) was created in 1986 by the Tax Reform Act of 1986 and signed into law by President Ronald Reagan. It has soon ripened into the federal government’s largest program for the development and restoration of affordable housing. The program invests over $6 billion dollars each year to produce 150,000 rental residential units and 100,000 jobs. So far, the program has enabled the rehabilitation of 2.5 million housing units. Between 1987 and {Read More}

How to Save Water at Home

how to save water

In most homes, water has four major uses: baths, faucets, washing machines and dishwashers. For each of these uses, water heating may be required, which consumes around 20% of a home’s energy costs. Other uses of water include irrigation, pools, fountains and spas. Even when you try to use water wisely, you my be wasting a good deal of this precious resource. Here are ideas and tips on how to wisely save water in your home. Ways to Conserve Water for {Read More}

How to Save Water and Energy in Showers

low flow shower head

When considering your water use, two factors need to be taken into consideration: heat & water. Heating your water accounts for at least 20% of your power bill. Baths and showers utilize 37% of that. This means that 6% of your power bill is dedicated to heating water for your showers and baths. The good news is that with small changes you can save on both heating and water costs. Hold your shower head. You should be aware that most {Read More}

Boost Your Home’s Energy Efficiency: DIY Energy Audit Checklist

energy audit checklist

You do not have to be an energy audit professional to carry out a simple DIY home energy audit. With an attentive and planed assessment you can spot many problems that cause energy losses and make decisions about possible energy efficiency upgrades. During a home energy audit it is important to have a checklist of areas that were inspected as well as problems identified. Once the energy audit is completed, a plan for suggested actions needs to be developed. The {Read More}

Simple Ways to Go Green and Save Money This Spring

save energy in spring

There are a number of ways to use energy prudently and watch your wallet without getting out of your comfort zone. Here are home energy saving techniques that you can implement this spring. Spring cleaning is a practice that lets us to rejuvenate our homes after a long winter and prepare for the warmer season. Infuse energy-saving habits into your spring cleaning. Maintenance counts. To ensure efficient performance, make sure all the fans are dust-free and in good working order. {Read More}

Save Money and Energy During Winter

save energy in winter

An energy efficient home is vital to safe and comfortable living. The key to saving money and energy during winter is to prepare for winter before it arrives. The good news is that you don’t need to sacrifice the quality of your life in order to advance your home’s energy efficiency. Here are easy and inexpensive energy saving tips to help you save energy and money during the winter months and maintain your home’s much needed integrity. Insulate your home. {Read More}