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March 5, 2018
On February 9, 2018, the Bipartisan Budget Act was passed, providing a one-year retroactive extension of the New Energy Efficient Home Tax Credit under Code Section 45L through the end of 2017. The tax credit of $2000 per dwelling unit is available to the “eligible contractor,” which may be the Home Builder or the Multifamily Developer, and applies to multi-family and single-family residential units whether new or substantial rehabilitation. The tax credit can be claimed retroactively if not claimed on previous tax forms.
See our 45L FAQ Sheet here.
Kris Callor, EDI INtergrative Consulting
The professionals at Green Insight are premier experts in the LEED for Homes Rating System. They are thoughtful, responsive and easy to work with. Their technical expertise helps projects achieve a higher level of sustainability. I recommend them for every homeowner who is truly interested in... Read More