Event
Sustainability Education Committee: 2022 Inflation Reduction Act—A Designer’s Introduction to the 2022 Inflation Reduction Act (Virtual)
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COST
Free and open to the public
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TYPE
CEs
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AUDIENCE
Professionals
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ACCREDITATIONS
1 LU AIA credit available
Event Description
An introduction to the technical requirements of the Energy Tax Credits and incentives for green building and renewable energy as enacted by the 2022 Inflation Reduction Act.
Learning Objectives
Familiarization of the extension and expansion of green building and energy tax incentives in the Inflation Reduction Act.
Understand the new bonus tax credits available for sustainability projects located in certain geographic areas and incorporating qualifying specifications.
Identify the new structural changes and transfer elections impacting project delivery and ownership structures for tax-exempt and taxable clients.
Have the ability to identify potential resources in the Inflation Reduction Act for projects incorporating sustainability features for specific market segments.
Presenter
Jerome Garciano | Shareholder, Polsinelli
Jerome Garciano represents lenders, equity investors and developers in real estate development, tax incentive transactions and tax credit project financing. A skilled transactional attorney and CPA, Jerome has deep and diverse experience in affordable housing, renewable energy, community and economic development project finance deals. With over 20 years in the low-income housing tax credit industry, Jerome specializes in affordable housing and community development finance. He has closed numerous nonprofit-sponsored real estate transactions financed with New Markets Tax Credit financing, including education, health and community services facilities. As a LEED accredited professional and with his background in design and construction, Jerome advises clients on energy efficiency and renewable energy tax fincentives as well as promotes programs and tax policy initiatives for green energy and sustainable real estate development. Prior to practicing law, Jerome managed affordable housing finance transactions for a national nonprofit organization specializing in community revitalization through real estate development, finance, and management of affordable housing. He coordinated equity and debt sources for project budgets of multifamily affordable housing financed with federal and state housing, historic and new markets tax credits, HOPE VI, HUD capital and operating subsidies, taxable and tax-exempt bonds, and other forms of debt financing.