Tax Incentives and Financing

Federal Tax Incentives

• NMHC Guidance: Tax Incentives for Energy Efficient Commercial Buildings (IRC Section 179D)
  Details the $1.80 per square foot tax incentive available for commercial buildings, including apartments, that meet certain energy efficiency standards. (August 2011)

• Energy Star Summary of Federal Tax Credits for Energy Efficiency
  Provides brief explanations of federal energy tax incentives and links to IRS forms to claim the credits.

• NMHC Guidance: Energy Efficient Home Credit (Applies to Some Low-Rise Apartment Units) (IRC Section 45L)
  Details a $2,000 per-unit tax credit for energy efficient homes that is available to properties with three or fewer stories. (August 2011)

• NMHC Guidance: Energy Investment Tax Incentives and Federal Grants (IRC Section 48)
  Details tax credits available for qualified investments in small wind, solar, geothermal, cogeneration and other energy systems. (August 2011)

State Tax Incentives

• ACEE State Energy Policy Database
  A searchable database of energy policies in each state, including tax incentives, building codes, climate policies, smart growth policies, utility policies, appliance standards and more. (August 2008)

• Energy Incentive Guide
  A state-by-state guide to available energy efficiency, grant, and rebate programs.

• Database of State Incentives for Renewables & Efficiency
  The Database of State Incentives for Renewables & Efficiency (DSIRE) is a comprehensive source of information on state, local, utility, and federal incentives that promote renewable energy and energy efficiency.

Additional Resources

• Green Communities
  Site provides information about grants, financing, tax incentives, and technical assistance programs for developers engaged in green affordable housing projects.

• Office of Energy Efficiency and Renewable Energy
  Provides information about energy efficient building technologies and design practices, efficient building operation, energy codes, energy audits, renewable energy use, and financing options.