Braiding Together Tax Credits in the Inflation Reduction Act

By Ravi Malhotra NH&RA, October 2023 One of the Inflation Reduction Act’s (IRA) most significant budget items is the money for tax credits, which could ultimately be worth over $500 billion. Key credits for multifamily affordable housing include: New Energy Efficient Homes Credit (45L); Solar and Energy Storage Investment Tax Credit (ITC); Alternative Fuel Vehicle Refueling Property Credit (30C); and …

Accessing Green Upgrades with EPA and HUD Funds

By Ravi Malhotra Tax Credit Advisor, September 2023 As we near the end of the year, federal agencies, including the U.S. Department of Energy (DOE), the U.S. Department of Housing and Urban Development (HUD) and the Environmental Protection Agency (EPA), are finalizing the design of Inflation Reduction Act (IRA)-created programs and releasing more and more of the funds. Many of …