News & Analysis as of

Tax Credits Renewable Energy Affordable Housing

Cozen O'Connor

Pennsylvania Perspective for Monday, August 11, 2025

Cozen O'Connor on

PA House Advances Transit Funding Amid Budget Stalemate - The Pennsylvania House advanced a transit funding proposal as agencies across the state face potential service reductions. Although the bill reflects both Democratic...more

Cole Schotz

H.R.1: Some Beautiful, Some Not – Implications for Commercial Real Estate

Cole Schotz on

H.R. 1 (President Trump’s so-called “One Big Beautiful Bill”) was officially signed into law Friday, July 4, and with it came sweeping changes to the real estate industry. Some of these changes are extensions of Trump’s Tax...more

Harris Beach Murtha PLLC

LIHTC Provisions Become Permanent in Senate Reconciliation Bill

On July 1, 2025, in a 51-50 vote, the Senate approved its tax reconciliation bill which includes key provisions to expand the low-income housing tax credit (LIHTC). If enacted, these provisions would amount to the largest...more

Cozen O'Connor

New York Note: State of the State and NYC FY26 Preliminary Budget

Cozen O'Connor on

Last Tuesday, Governor Hochul delivered her 2025 State of the State address, laying out her vision for the year ahead. Highlights from the State of the State are below. The Governor will release her Executive Budget soon to...more

Bracewell LLP

Treasury Department and IRS Release Initial Guidance on the New Low-Income Communities Bonus Credit Program

Bracewell LLP on

The low-income communities bonus credit (the LIC Bonus), which was introduced by the Inflation Reduction Act of 2022 (the IRA), provides an enhanced tax credit for renewable energy projects located in designated low-income...more

Jones Day

Tax Credit Programs Lay the Foundation for Biden Infrastructure Initiative

Jones Day on

President Biden has introduced a $2 trillion infrastructure plan that proposes a wide range of tax credits to incentivize investment in affordable housing, community development, and clean energy. Recently, President Biden...more

Greenbaum, Rowe, Smith & Davis LLP

The New Jersey Economic Recovery Act Of 2020: An Overview Of The New Jersey Aspire Program

The New Jersey Economic Recovery Act of 2020 (ERA), a seven-year, $14 billion package of incentive programs intended to encourage New Jersey job growth, property development and redevelopment, community partnerships, and...more

Holland & Hart LLP

Nevada Legislative Update - August 2019

Holland & Hart LLP on

The Nevada State Legislature’s 80th regular session made history with the first female majority in the nation. This session focused on issues such as healthcare, energy, construction, and employment. ...more

Stinson LLP

Emerging Trends in Tax Credit Finance: Expansion of Renewable, Development, Housing Programs

Stinson LLP on

On December 18, 2015, the landscape improved for individuals and businesses looking to invest in affordable housing, economic development and renewable energy projects. Congress passed and the President signed into law the...more

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