Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
Section 45L provides tax credits of $500–$5,000 per unit to developers and contractors who build energy-efficient new homes and multifamily buildings. Under the IRA, multifamily developers can earn $2,500–$5,000 per unit with prevailing wage compliance.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.New construction or substantial reconstruction
2.Unit must meet Energy Star or Zero Energy Ready Home standards
3.Multifamily: $2,500/unit (Energy Star) or $5,000/unit (Zero Energy Ready)
4.Prevailing wage compliance required for higher credit
5.Claimed by contractor or manufacturer who constructed the unit
IRS · United States
Allows businesses to deduct up to $5.65/sq ft for commercial buildings achieving significant energy savings through improvements to HVAC, lighting, and building envelope systems. IRA expanded the deduction and allowed non-profits and government to allocate it.
LPO · United States
Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.
NYSDEC · New York
Provides transferable tax credits for remediating contaminated brownfield sites and redeveloping them for residential, commercial, or industrial use, with enhanced credits for affordable housing and green buildings.