The HOA cannot directly claim 25C because it must be claimed on an individual’s tax return. However, Treasury clearly states in a Q&A that 25C is available to tenant-stockholders in a cooperative housing corporation and condominium owners by passing through the individual’s proportionate share.

Decarbonizing buildings is essential for reducing global carbon emissions and mitigating climate change. Building decarbonization involves reducing the greenhouse gas (GHG) emissions associated with the energy consumption required to operate a building.

While there are challenges with any building retrofit project, decarbonization may seem overwhelming and paralyzing for some owners; however, there are some key steps that an owner can take to explore and implement building decarbonization solutions. 1) Get to know your building, 2) Establish the project performance goals and other objectives, 3) Reach out to innovative technical partners, 4) Figure out the financing, and 5) Share your lessons learned.

It’s a great question, and I’ve organized my answer into three key action steps: 1) Identify funding and financing opportunities, 2) Consider the impact on tenants, and 3) Seek out technical experts.

Hello! What are best practices for an organization deploying solar across their portfolio? Is there a benefit in conducting a Request for Information (RFI) prior to a formal Request for Proposals (RFP)?