Inflation Reduction Act: What Every Multifamily Developer Needs to Know to Claim a Tax Credit

What It’s About

The Inflation Reduction Act of 2022 (“the IRA”), which was recently signed into law, has some significant changes to the 45L Tax Credit starting in 2023. This presentation will discuss the energy-efficient tax policy aspects of the IRA, specifically the implications for the 45L New Energy Efficient Home Credit. Energy Star and Zero Energy Ready Certification and Prevailing Wages are the specific topics that multifamily developers need to be aware of to claim the credit in 2023 - 2032.