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IRA Update: IRS Releases Limited Guidance on Low-Income Community Adder and Establishes Allocation Program Needed to Make the Adder Available | Mintz - Energy & Sustainability Viewpoints

On Monday, February 13, 2023, the Department of the Treasury (Treasury) and the IRS published Notice 2023-17 (the Notice), establishing the program for allocating environmental justice...
Income Community Allocation Program Under Section Allocation Program Department Of The Treasury Income Community Adder Low Income Community Adder

IRS Releases Limited Guidance on Low-Income Community Adder

Department of the Treasury and IRS published Notice 2023-17 establishing the program for allocating environmental justice capacity limitations under Section 48e1 and providing limited initial guidance for applicants. Section 48e provides up to 20 percent investment tax credit.
Income Community Allocation Program Under Section Allocation Program Department Of The Treasury Income Community Adder Low Income Community Adder

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