The IRS and Treasury released new guidance on how home builders can qualify for energy-efficiency tax credits, including wage rules and energy-efficiency standards.
Home builders can get up to $5,000 in credit for building, rehabbing, or reconstructing homes, depending on several factors such as energy ratings and when the home is acquired.
Homes must “be eligible to participate in certain Energy Star programs and meet applicable energy saving requirements based on home type” to qualify for the credits, according to a Wednesday release from the agencies.
Homes bought starting in 2023 can qualify for between $500 and $5,000 in credits ...
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