IRS Tax Credit

Changes to the 45L Energy-Efficient Home and Multifamily Credit.

Major increases, extensions, and expansions have also been made to the 45L energy-efficient home and multifamily credit. These changes will be of significant interest to your clients if they’re homebuilders or multifamily developers, starting with the retroactive extension of the 45L Tax credit through the end of 2032.

For 2022, no changes have been made to the:

  • $2,000 credit for each dwelling unit
  • Achieve 50% energy savings over the 2006 IECC
  • 1/5 of savings derived from envelope improvements
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