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Increased 45L Tax Credit Boosts Affordable Housing Development

David Mcbee

  Affordable housing developers have benefited greatly from the huge expansion of the 45L Tax Credit brought about by the Inflation Reduction Act (IRA). These tax credits have increased dramatically, almost tripling from prior levels to $5,000 per unit. Major Updates to the 45L Tax Credit Enhanced Credit Value:  The extension enhanced the energy efficiency […]