Implications for Real Estate
Over Climate Week we shine a light on The Inflation Reduction Act (IRA). The bill strengthens the business case for real estate decarbonization, for the faster payback it brings. Passed in 2022 following months of negotiation, the IRA dedicates nearly $370 billion to address climate change over the next 10 years.
ULI New York has assembled an impressive panel which will give an overview of the bill’s relevant provisions for the real estate sector, from the big national to local technical perspectives on provisions linked to LL97 requirements. We will also present real projects and ways to reap real savings for upcoming development projects – and offer the opportunity to meet with other IRA experts and hear of resources to support tax credit integration into future projects: