Novogradac Journal of Tax Credits Volume 14 Issue 6

As the renewable energy market continues to grow, the popularity of transferable tax credits as a way to fund projects and reduce corporate tax liabilities is on the rise. Following the passage of the Inflation Reduction Act, provisions enabling the transfer of tax credits have become hot topics for both developers and investors. In this article, we’ll discuss several common misconceptions regarding transferable tax credit transactions.

Thanks in large part to the passage of the Inflation Reduction Act last year, renewable energy deployment is poised for a record year in 2023. Fueling this wave of renewable energy projects is the monetization of tax credits provided by tax equity investors through tax equity investments.

In continuation of our conversations with Patrick Robertson of Confluence Government Relations, we sat down again to discuss the new Congress and the current status of the Historic Tax Credit Growth and Opportunity (HTC-GO) Act. Robertson, who leads the Historic Tax Credit Coalition (HTCC) government relations effort, oversees the legislative lobbying efforts for historic tax credits (HTCs).

Treasury Regulation (Treas. Reg.) 1.42-10 provides the rules for determining the applicable utility allowance for low-income housing tax credit (LIHTC) properties. This article discusses the various utility allowance methods available for LIHTC properties and how to determine the applicable utility allowance based on the type of building.

When I’ve spoken about tax credit equity pricing over the past year or so, I’ve said that I believe we are facing an unprecedented number of factors that have the potential to materially affect tax credit equity pricing over the coming years. On balance, these factors tilt slightly downward.

New market tax credits news briefs for June 2023, with updates about federal legislation, the new CDFI certification process, state legislation and more.

Historic tax credits news briefs for June 2023, with updates from Arkansas, Texas, Louisiana, Minnesota and more.

News briefs for renewable energy tax credits for June 2023, including federal and state legislation.

Department of Housing and Urban Development news briefs for June 2023 with a focus on supplemental awards, a report from the Public and Affordable Housing Research Corporation and new construction in Illinois.

Property compliance news briefs for June 2023 from Illinois, California and Arizona.