The Inflation Reduction Act has spurred many questions within the home-building industry surrounding the number of new energy tax incentives and updates to the many long-standing tax provisions it has created, including:
- Incentives for installing renewable energy property, such as solar and geothermal;
- Building energy efficient housing; and
- Retrofitting existing housing with energy efficient upgrades.
NAHB staff provided preliminary details, based on information currently available, on a Sept. 28 webinar and will continue to monitor for additional agency regulations.
To provide additional guidance, NAHB has scheduled a follow-up webinar on Thursday, Oct. 20, at 2 p.m. ET. In conjunction with the Federal Government Affairs Subcommittee on Taxation, this webinar will focus specifically on the energy tax incentives included in the Inflation Reduction Act.
Learn more about the IRA and watch the Sept. 28 webinar replay on nahb.org.