By Ryan VanArsdale
Last month, President Obama signed the Omnibus
Appropriations Act into law. This “Extender Bill” retroactively extended the
$1,000 per home tax credit for manufacturers of ENERGY STAR manufactured homes.
This means that this credit is available, not just for homes certified through
the end of 2015, but through ALL of
2016 (all checklists dated and completed before 1.1.2017)! An additional bonus
is that there are tax credits and incentives for Modular and site-built homes,
as well.
While this credit has never lapsed since its first enactment
in 2006, the last three years Congress waited until the end of the year to pass
the credit, causing many manufacturers to miss being able to include it in
their planning stages. This year, Congress has been proactive in passing the
credit, allowing manufactured home manufacturers to consider this credit when
planning their yearly goals.
There are also additional incentives available for ENERGY
STAR manufactured homes. Utility companies in Tennessee, parts of Kentucky, North
Carolina, Virginia, Mississippi, Alabama and West Virginia may also be issuing
rebates to the home manufacturer ranging from $1,000 to $1,750.
NTA is a proud ENERGY STAR partner, who certifies a variety
of products for Green Programs. For more information on the tax credit, or how
to become an ENERGY STAR certified manufacturer, contact NTA.
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