IRA, HUD, USDA, DOE and other federal incentive programs
$369B
IRA Authorization
847
Federal Programs
50
States Covered
$2.8B
Credits Deployed
Competitive 9% Low-Income Housing Tax Credit for new construction or substantial rehab of affordable rental housing.
Non-competitive 4% LIHTC paired with Private Activity Bonds for acquisition/rehab or new construction.
Credits equal to 39% of qualified equity investment in low-income communities, claimed over 7 years.
20% federal income tax credit for certified rehabilitation of historic buildings listed on the National Register.
Tax incentive for investing realized capital gains in Qualified Opportunity Funds targeting designated low-income communities.
Flexible grants for community development activities in low- and moderate-income areas.
Funds affordable housing activities including homebuyer assistance and rental housing development.
Competitive grants for comprehensive neighborhood transformation, public housing revitalization, and community development.
Federal loan guarantees allowing communities to leverage CDBG for large-scale economic development.
Formula and competitive grants for housing assistance for low-income persons with HIV/AIDS.
Competitive loans for essential community facilities, housing, and business development in rural areas.
Grants to develop the capacity of nonprofit organizations and public bodies providing housing in rural areas.
Loan guarantee for construction or substantial rehab of affordable multifamily rural rental housing.
Federal grants to improve energy efficiency of low-income households. Administered through states.
Technical assistance and grants for organizations committing to 20% energy reduction over 10 years.
R&D and deployment grants for solar energy technologies. Multiple annual funding announcements.
EPA grants for environmental assessment and cleanup of contaminated brownfield sites for redevelopment.
Grants for collaborative approaches to environmental and public health challenges in disadvantaged communities.
Annual competitive awards to certified Community Development Financial Institutions for lending in underserved markets.