DOE, Treasury, and the IRS announced that applications for the IRA’s Low-Income Communities Bonus Credit Program under Section 48(e) of the Internal Revenue Code would open at 9am ET on Oct. 19, 2023. The program provided a 10 or 20-percentage point tax credit increase to the investment tax credit for qualified wind and solar energy facilities located in low-income communities, on Indian Land, or in qualified low-income residential building projects or economic benefit projects. Read more about the announcement.
DOE Opened IRA’s Low-Income Communities Bonus Credit Program
Last updated:
September 27, 2023
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Inflation Reduction Act
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