Date: 05/21/2024
Agencies: HUD
Type: Implementation of IRA
Explanation: Agency Announcement
IRA Sections: 30002
Entities: Property Owner
Summary: HUD announced $67 million for sustainable upgrades to low-income housing.
Inflation Reduction Act Tracker
This tracker records steps taken by federal agencies to implement, or rollback implementation of, the climate change-related provisions of the 2022 Inflation Reduction Act (IRA). The tracker is linked to the IRA database, which provides more information about the IRA, and its climate-related provisions.
In the tracker, agency actions are listed in order of date (from newest to oldest) and can be filtered by IRA section, agency, eligible entity, type of action (explanation), and more. Additionally, actions can be searched by entering keywords in the box below. More information about each listed action, and links to relevant documents, can be obtained by clicking on the title of the action.
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IRS Updates Reference Standard for Energy Efficient Commercial Building Deduction
Date: 05/17/2024
Agencies: Treasury
Type: Implementation of IRA
Explanation: Agency Announcement
IRA Sections: 13303
Entities: Property Owner
Summary: IRS announced an updated reference standard for the IRC section 179D Energy Efficient Commercial Buildings Deduction created by IRA section 13303.
Treasury Announces Low-Income Communities Bonus Credit Carryover Capacity for 2024
Date: 05/17/2024
Agencies: Treasury
Type: Implementation of IRA
Explanation: Agency Announcement
IRA Sections: 13702
Entities: Energy Company, Corporate Entity
Summary: Treasury announced the total amount of unallocated capacity from the 2023 program year of the Low-Income Communities Bonus Credit that will be carried over into the 2024 program year.
DOI Announces $520 Million for Drought Resilience
Date: 05/16/2024
Agencies: DOI
Type: Implementation of IRA
Explanation: Agency Announcement
IRA Sections: 50233
Entities: State/Territorial Government, Native American/Indigenous Community
Summary: DOI announced $520 million to increase drought resilience and improve water delivery systems.
Treasury Releases Guidance on Domestic Content Bonus Safe Harbor
Date: 05/16/2024
Agencies: Treasury
Type: Implementation of IRA
Explanation: Agency Guidance
IRA Sections: 13101, 13102, 13701, 13702
Entities: Corporate Entity, Energy Company
Summary: Treasury released guidance on safe harbor provisions for the Domestic Content Bonus Credit for clean energy production and investment tax credits.
USDA Announces $74 Million to Support Sustainably Sourced Wood
Date: 05/14/2024
Agencies: USDA
Type: Implementation of IRA
Explanation: Agency Announcement
IRA Sections: 22003
Entities: Corporate Entity, Fuel/Hydrogen Producer, Energy Company, Other
Summary: USDA announced $74 million to support forest health and the wood products economy.
USDA Announces Over $154 Million for the Forest Legacy Program
Date: 05/13/2024
Agencies: USDA
Type: Implementation of IRA
Explanation: Agency Announcement
IRA Sections: 23003
Entities: State/Territorial Government, Local Government, Native American/Indigenous Community, Non-profit Organization
Summary: USDA announced over $154 million for the conservation of working forests.
Treasury Announces 2024 Capacity Limitation for Low-Income Communities Bonus Credit
Date: 05/13/2024
Agencies: Treasury
Type: Implementation of IRA
Explanation: Agency Announcement
IRA Sections: 13702
Entities: Corporate Entity, Energy Company, Native American/Indigenous Community
Summary: Treasury announced the opening of the application period for the 2024 Program Year of the IRC section 48(e) Low-Income Communities Bonus Credit Program.
DOI Announces $60 Million for Drought Resilience in the Rio Grande Basin
Date: 05/10/2024
Agencies: DOI
Type: Implementation of IRA
Explanation: Agency Announcement
IRA Sections: 50233
Entities: State/Territorial Government, Native American/Indigenous Community
Summary: DOI announced $60 million to facilitate climate resiliency and water security in the Rio Grande Basin.
HUD Announces $750,000 for Green Upgrades to Low-Income Senior Housing Community
Date: 05/08/2024
Agencies: HUD
Type: Implementation of IRA
Explanation: Agency Announcement
IRA Sections: 30002
Entities: Property Owner
Summary: HUD announced a $750,000 Green and Resilient Retrofit Program grant transaction for a low-income senior housing community.