How to Leverage the Inflation Reduction Act: Building Industry Edition

This new resource can help you take advantage of IRA funding opportunities specifically geared to the building industry. 

You’ve heard the good news about how the Inflation Reduction Act offers financial incentives that can help your building business–but exactly how do you take advantage of its opportunities?

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IRA FINALKB-1Green Builder Media has you covered with this just-released resource, Leveraging the Inflation Reduction Act. A great primer on the specifics of the IRA program, it includes sections on how to: 

  • Understand the overall IRA goals to take advantage of its offerings. 
  • Identify specific funding opportunities that can work for your building business.
  • Turn in an application correctly to improve your chances of being awarded money.
  • Understand tax breaks and eligibility requirements. 
  • Leverage other helpful resources and consultants to get additional information.
  • Locate links and information on eight specific tax credit programs that apply to the building industry. 
  • Access capital via green banks, with 14 financial institutions highlighted. 

“This resource will help you make sense of which IRA programs to apply for, how to avoid application mistakes, and what you can expect when participating in federal funding for things like energy efficiency, infrastructure, sustainable building technologies, and much more,” says Green Builder Media CEO Sara Gutterman. “The book also includes 2023 COGNITION Smart Data survey results that show how your building industry peers are addressing and using IRA opportunities.”

For example, the COGNITION survey reveals that six of 10 building pros are familiar with the IRA funding pools, and about the same number have already taken advantage of one or more funding opportunities. 

Of the respondents, 63% plan to apply for funding in the future for efficiency upgrades like high-performance windows, insulation, and tighter building envelope systems. 

“These survey results are exciting because they indicate that electrification technologies like heat pump HVACs, induction cooktops, and demand-side energy management (and many others) will be specified in new houses,” Gutterman says. “This will make a big difference in the carbon footprint of tomorrow’s housing–while putting money back in builders’ pockets.” 

You can download this important resource here!

This Housing 2.0 presentation is sponsored by:  Jinko Solar, LP Building Solutions,  Mitsubishi Electric Panasonic, Schneider Electric  and Sunnova.