Maximizing Benefits for Developers with the §45L Tax Credit
The §45L Energy-Efficient Tax Credit presents a fantastic opportunity to slash your tax bill while creating eco-friendly living spaces. Not only does §45L contribute to a healthier environment by reducing greenhouse gas emissions and total energy consumption, but it also offers significant financial benefits to developers. If you are the developer of apartments, condominiums, single-family […]
How the 45L Tax Credit Promotes Green Homes
Green building practices and the §45L Tax Credit go hand and hand. At Walker Reid, we’re passionate about empowering developers to embrace sustainability, and the §45L Tax Credit is a powerful tool that makes it more achievable than ever. Unveiling the §45L Tax Credit The §45L Tax Credit is a federal program designed to incentivize […]
Benefits of the 45L Tax Credit
The 45L tax credit has been available to eligible contractors since 2006. However, this energy-efficient incentive is still under-publicized and thus under-utilized among affordable housing developers, contractors, investors, and builders. The credit can deliver some significant benefits, including an increase in housing equity, a cost-offset for the purchase of energy-efficient building materials and an increased marketability […]