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
Credits for rehabilitating vacant or underutilized industrial facilities in Indiana. Credit equals 25% of qualified rehabilitation expenditures for revitalizing industrial buildings, encouraging manufacturing investment in communities with idle plant capacity.
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.Facility must be a vacant or underutilized industrial building in Indiana
2.Minimum $1 million in qualified rehabilitation expenditures
3.Credit: 25% of QREs
4.Nonrefundable; 15-year carryforward
5.Apply through IEDC before rehabilitation begins
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.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.