Scope of Work for Tax Credits and Incentives
1. 45L Energy Efficient Home Credit
Objective: Ensure new multifamily buildings meet energy efficiency standards to qualify for the 45L tax credit.
Tasks:
Review eligibility requirements for the 45L tax credit.
Ensure construction meets ENERGY STAR New Construction program requirements or DOE’s Zero Energy Ready Homes program.
Obtain certification from a qualified individual.
Maintain documentation for claiming the credit.
2. Inflation Reduction Act (IRA)
Objective: Leverage IRA provisions to maximize tax credits and incentives for energy-efficient construction.
Tasks:
Identify applicable IRA tax credits and incentives for clean energy and energy efficiency.
Ensure compliance with IRA requirements for multifamily buildings.
File necessary documentation and forms to claim IRA tax credits2.
3. Buy American Act
Objective: Ensure compliance with the Buy American Act for construction materials and products.
Tasks:
Verify that all construction materials are manufactured in the U.S.
Ensure more than 60% of the cost of components is mined, produced, or manufactured in the U.S.
Maintain records of compliance with Buy American Act requirements.
4. Solar Energy Incentives
Objective: Integrate solar energy systems into new multifamily buildings to qualify for solar energy incentives.
Tasks:
Design and install solar energy systems in compliance with local regulations and incentives.
Ensure solar systems meet eligibility criteria for state and federal incentives.
Obtain necessary certifications and documentation for claiming solar energy incentives.
5. State-Specific Requirements
Texas:
Review Texas-specific energy efficiency and solar energy incentives.
Ensure compliance with Texas building codes and regulations.
New Jersey:
Review New Jersey-specific energy efficiency and solar energy incentives.
Ensure compliance with New Jersey building codes and regulations.
Pennsylvania:
Review Pennsylvania-specific energy efficiency and solar energy incentives.
Ensure compliance with Pennsylvania building codes and regulations.
