Increased Tax Credits for Energy-Efficient Affordable Housing
This bill increases tax credits for owners of affordable housing who make energy-saving improvements. The goal is to encourage upgrades that can lower energy bills for residents and make buildings more environmentally friendly.
Key points
Owners of affordable housing can get a bigger tax credit for making buildings more energy efficient.
The credit is even higher for energy-efficient upgrades in high-cost areas.
The tax credit for building new energy-efficient homes is extended until 2031.
Status:
Expired
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