📄 Podcast Description:
This week on The Tax Credit Talk, hosts Hallie James and Parker An deliver a short but powerful season finale, spotlighting federal energy incentives, major shifts in affordable housing finance, the high stakes of film tax credits, and how brownfield cleanups are transforming communities.

⚡ In energy, the clock is ticking: homeowners have until December 31, 2025 to claim up to $3,200 through the Energy Efficient Home Improvement Credit, covering 30% of costs for upgrades like heat pumps, windows, and solar. When combined with state incentives and utility rebates, these credits can dramatically lower upfront costs and accelerate adoption.

🏘️ In housing, the OBBBA resets the game starting in 2026 by cutting the bond financing threshold for 4% LIHTCs from 50% to 25%, opening the door to more affordable projects as states free up scarce private activity bonds. Developers and investors alike are watching this change as a long-awaited fix to bottlenecks.

🎬 In film, South Dakota lost the production Americana to New Mexico, underscoring the decisive role state credits play in attracting large-scale projects and jobs. Without robust incentives, states risk missing out on the economic impact blockbuster productions bring.

🌎 In brownfields, New York’s Brownfield Cleanup Program shines as a national model, pairing refundable credits with liability protection. The results are real: over 1,300 sites accepted and some redevelopments completed in under two years, proving policy can drive speed and impact.

🧩 Inside the episode:

• Federal energy credits offer up to $3,200 but expire after 2025
• LIHTC bond financing test cut in half for 2026
• South Dakota loses a major film project to New Mexico
• New York’s brownfield program drives rapid cleanups

🎙️ Brought to you by Fallbrook Financial Services
Fallbrook Financial Services is one of the largest state tax credit brokerages in the U.S., having placed over $6 billion in credits across renewable energy, housing, film, brownfields, and more. If you are buying, selling, or strategizing around credits, visit www.fallbrookfinancialservices.com
or email [email protected].

📄 Podcast Description:
This week on The Tax Credit Talk, hosts Hallie James and Parker An unpack a wide-ranging episode covering everything from Hollywood productions to nuclear power to child care expansion and how these programs reveal the high stakes of tax credit design.

🎥 In film, North Carolina is investing $29 million in grants, backing productions like Top Chef and MrBeast’s new show, expected to create 3,800 jobs and generate $131 million in economic activity. But New York’s $920 million program is under fire, with watchdogs saying taxpayers get just $1 back for every $3 spent.

⚡ In energy, the “One Big Beautiful Bill Act” accelerates phaseouts for solar and wind credits, setting off a race to finish projects before deadlines hit. Residential solar incentives vanish in 2025, and overall installations could plunge 41% after 2027 just as demand is forecast to surge 16% by 2029. Meanwhile, nuclear receives long-term support with credits extending through 2033, though stricter supplier rules raise new compliance hurdles.

🏘️ In communities, the CDFI Fund’s $10 billion NMTC allocation moves closer with fresh guidance, promising transformative capital for underserved areas. And in Montgomery County, Maryland, property tax credits for child care providers jump from $3,000 to $10,000, aiming to stabilize an industry critical to both families and workforce participation.

🧩 Inside the episode:

• North Carolina Film Grants Fuel Jobs, Tourism
• New York Film Subsidies Face Growing Scrutiny
• Solar and wind credits face steep phaseouts
• Nuclear positioned as a long-term growth pillar
• $10B in NMTCs ready to deploy
• Childcare tax credits expanded in Montgomery County

🎙️ Brought to you by Fallbrook Financial Services
Fallbrook Financial Services is one of the largest state tax credit brokerages in the U.S., having placed over $6 billion in credits across renewable energy, housing, film, brownfields, and more. If you are buying, selling, or strategizing around credits, visit www.fallbrookfinancialservices.com or email [email protected]

📄 Podcast Description:
This week on The Tax Credit Talk, hosts Hallie James and Parker An dive into the evolving world of tax credits, spotlighting how states, investors, and consumers are navigating housing shortages, film industry debates, and looming clean energy deadlines.

🏘️ In affordable housing, Delaware awarded $3.18 million in LIHTCs to fund four projects that will create 105 new units and preserve 116 more, including Wilmington’s first senior high-rise. Meanwhile, North Carolina’s program is driving $1.47 billion in affordable apartment development, supporting nearly 22,000 jobs and generating $95.3 million in state and local tax revenue—yet demand for credits still far outpaces supply.

🎥 In film, New York is projected to spend nearly $1 billion on production tax subsidies in 2025, with $230 million awarded in the first quarter alone. Watchdogs like Reinvent Albany argue taxpayers only get 30 cents back per dollar spent, while Empire State Development defends the program with claims of a 700% return on investment and over $1.1 billion in economic activity.

⚡ In renewable energy, federal deadlines are approaching fast. The $7,500 EV tax credit expires September 30, 2025, but buyers can still qualify by signing contracts and putting down deposits before that date—even if delivery comes later. Energy efficiency credits for solar panels, heat pumps, and insulation sunset December 31, 2025, spurring a nationwide rush to lock in savings.

🧩 Inside the episode:

• Delaware and North Carolina showcase LIHTC impact
• New York’s billion-dollar film credit sparks controversy
• EV tax credit deadline looms September 30
• Home energy efficiency credits end December 31

🎙️ Brought to you by Fallbrook Financial Services
Fallbrook Financial Services is one of the largest state tax credit brokerages in the U.S., having placed over $6 billion in credits across renewable energy, housing, film, brownfields, and more. If you are buying, selling, or strategizing around credits, visit www.fallbrookfinancialservices.com
or email [email protected]

📄 Podcast Description:
This week on The Tax Credit Talk, hosts Hallie James and Parker An explore the sharp contrasts between state-level incentives and federal pullbacks, revealing how policy is reshaping investment across film, housing, brownfields, and renewable energy.

🎥 In film, California has doubled its Film and Television Tax Credit Program, fueling a surge of nearly 400% in applications and generating $1.1 billion in spending with 6,500 new jobs. The move signals the state’s aggressive push to remain the global production hub.

🌱 In community revitalization, Connecticut towns Ansonia and Shelton are leveraging $40 million in grants to clean up brownfield sites, launching projects like a 3.9 MW fuel cell facility that pairs economic development with energy generation—building on success stories that have already attracted $100 million in private investment.

🏘️ In affordable housing, the One Big Beautiful Bill Act permanently lowered the 4% LIHTC bond test from 50% to 25%, a sweeping change already prompting California, Georgia, and Wisconsin to adopt new rules capping bond requests and incentivizing smaller allocations. Developers must now rethink financing strategies to keep projects moving.

⚡ In renewable energy, federal support is shrinking as the Trump administration rolls back wind and solar subsidies, halts leasing, cancels projects, and adds tougher requirements on costs and reviews. The result is a stark divergence—states driving growth with aggressive incentives while federal policy retrenches.

🧩 Inside the episode:

• California doubles film credits, sparking $1.1B in activity
• Brownfield cleanups in Ansonia and Shelton fuel revitalization
• LIHTC bond test drops to 25%, reshaping housing finance
• Federal pullbacks hit renewable energy hard with new cancellations and rules

🎙️ Brought to you by Fallbrook Financial Services
Fallbrook Financial Services is one of the largest state tax credit brokerages in the U.S., having placed over $6 billion in credits across renewable energy, housing, film, brownfields, and more. If you are buying, selling, or strategizing around credits, visit www.fallbrookfinancialservices.com
or email [email protected].

📄 Podcast Description:
This week on The Tax Credit Talk, hosts Hallie James and Parker An explore a packed lineup of federal and state developments reshaping housing, film, brownfield, and renewable energy credits. From California’s bold film funding expansion to new federal rules on bond thresholds and renewable construction tests, the landscape is shifting fast.

🏘️ In affordable housing, Congress has permanently lowered the private activity bond financing threshold for 4% LIHTCs from 50% to 25%. California quickly adopted new rules to encourage smaller bond requests and add incentives like higher developer fees and tiebreaker advantages, while Ohio and Georgia continue to expand their state programs to add thousands of units despite local challenges.

🎥 In film, California doubled its Film and Television Tax Credit program from $330 million to $750 million annually through 2030, making credits refundable and adding diversity incentives. The impact has been immediate, with a 400% surge in applications and billions in projected spending and job creation.

🌱 In brownfields, Congress reintroduced and extended the Brownfields Redevelopment Tax Incentive (H.R. 15), allowing developers to deduct cleanup costs through 2028. The goal is clear—spur private investment, create jobs, and bring contaminated sites back into productive use.

⚡ In renewable energy, the IRS issued Notice 2025-42, eliminating the 5% safe harbor for most projects after September 2, 2025, and requiring developers to meet the more stringent physical work test to qualify under Sections 45Y and 48E. Smaller solar projects under 1.5 MW will still have access to the safe harbor, but larger developments face a tougher path to eligibility.

🧩 Inside the episode:

• LIHTC bond threshold drops to 25%
• California, Ohio, and Georgia reshape housing credit programs
• California doubles film funding to $750M annually
• Brownfields tax incentive extended through 2028
• IRS tightens renewable energy safe harbor rules

🎙️ Brought to you by Fallbrook Financial Services
Fallbrook Financial Services is one of the largest state tax credit brokerages in the U.S., having placed over $6 billion in credits across renewable energy, housing, film, brownfields, and more. If you are buying, selling, or strategizing around credits, visit www.fallbrookfinancialservices.com or email [email protected].

📄 Podcast Description:
This week on The Tax Credit Talk, hosts Hallie James and Parker An dig into three major shifts across the tax credit landscape with big implications for developers, investors, and communities. From tightening rules on solar eligibility to expanded support for affordable housing and renewed momentum on brownfield cleanups, policy is reshaping the playing field.

⚡ In renewable energy, new federal guidance could restrict the use of safe harbor provisions and replace the familiar 5% cost test with a more subjective “significant physical work” standard. Developers warn this change may delay or cancel projects, putting as much as 60 gigawatts of planned solar at risk.

🏘️ In affordable housing, the FHFA doubled the LIHTC investment cap for GSEs to $2 billion annually, with half of that dedicated to hard-to-finance projects and 20% earmarked for rural communities. Combined with earlier legislative wins, this move is expected to significantly boost affordable housing supply. Kentucky also set its 2026 9% LIHTC application deadline for August 19, reminding developers not to wait until the last minute.

🌱 In brownfields, bipartisan lawmakers reintroduced the Brownfields Redevelopment Tax Incentive, which would once again allow developers to fully deduct cleanup costs in the year incurred. The measure aims to attract private investment, create jobs, and turn contaminated sites back into community assets.

🧩 Inside the episode:

• Federal safe harbor rules for solar under pressure
• New physical work test shakes up renewable financing
• FHFA doubles GSE LIHTC cap to $2B annually
• Kentucky’s competitive 9% LIHTC deadline looms
• Brownfields tax incentive reintroduced for site cleanups

🎙️ Brought to you by Fallbrook Financial Services
Fallbrook Financial Services is one of the largest state tax credit brokerages in the U.S., having placed over $6 billion in credits across renewable energy, housing, film, brownfields, and more. If you are buying, selling, or strategizing around credits, visit www.fallbrookfinancialservices.com or email [email protected].

📄 Podcast Description:
This week on The Tax Credit Talk, hosts Hallie James and Parker An cover three major developments shaking up the tax credit landscape from federal energy incentives to state-level housing policy and the ripple effects of EV credit rollbacks.

⚡ In energy credits, Congress has approved a phase-out schedule for the Investment Tax Credit (ITC) and Production Tax Credit (PTC), requiring projects to start construction before specific deadlines to qualify, with most incentives ending by 2030. Industry groups warn the move could stall renewable energy development, while lawmakers argue it is time to reduce federal spending and let the market mature.

🏘️ In affordable housing, a new Texas bill proposes prohibiting Low-Income Housing Tax Credit (LIHTC) allocations for developments in school districts rated “D” or “F.” Supporters say it will direct families toward better educational opportunities, but critics warn it could deepen segregation and restrict housing availability in already underserved areas.

🚗 On the transportation front, U.S. electric vehicle sales have dropped following the Trump administration’s removal of the $7,500 federal EV tax credit. Automakers say the incentive was a major driver of demand, and its absence risks slowing EV adoption and progress toward climate goals.

🧩 Inside the episode:

• Congress sets 2030 end date for major energy credits
• Texas bill ties LIHTC funding to school ratings
• EV sales slump after federal incentive rollback
• Policy tensions between fiscal restraint, equity, and climate goals

🎙️ Brought to you by Fallbrook Financial Services
Fallbrook Financial Services is one of the largest state tax credit brokerages in the U.S., having placed over $6 billion in credits across renewable energy, housing, film, brownfields, and more. If you are buying, selling, or strategizing around credits, visit www.fallbrookfinancialservices.com or email [email protected].

📄 Podcast Description:
This week on The Tax Credit Talk, hosts Hallie James and Parker An dive into key developments across historic, housing, and new markets tax credits, revealing how states and federal agencies are stepping up with policy shifts that could unlock billions in revitalization and housing access.

🏛️In historic credits, Wisconsin is pushing to fast-track its HTC claims with a bill that would allow full credit capture in one year, cutting costs and making projects far more attractive. Meanwhile, Ohio’s current application window for its historic preservation program is open, offering up to $5 million per project.

🏘️On the affordable housing front, recent legislative wins under the Affordable Housing Credit Improvement Act are poised to finance more than 1.2 million homes over the next decade thanks to a permanent LIHTC increase and a major bond threshold reduction. HUD is also investing $173 million in tribal housing grants through IHBG and ICDBG programs to support underserved communities.

💼In new markets credits, Maine just expanded its state NMTC program with an additional $250 million in allocation while requiring local CDEs to keep the capital circulating within the state and amplifying community-level economic impact.

📉Still, despite this momentum, broader housing market challenges remain. Goldman Sachs projects housing will be the weakest part of the U.S. economy through year-end as tight inventory and high prices continue to drag on recovery.

🧩 Inside the episode:

• Wisconsin’s HTC overhaul: faster claims, lower costs
• Ohio’s $5M/project preservation credit open for applications
• LIHTC expansion: 1.2M new homes and major bond threshold win
• HUD’s $173M in grants to 234 tribal communities
• Maine’s $250M NMTC boost with in-state investment guardrails
• Goldman Sachs’ bleak outlook on the broader housing market

🎙️ Brought to you by Fallbrook Financial Services
Fallbrook Financial Services is one of the largest state tax credit brokerages in the U.S., having placed over $6 billion in credits across renewable energy, housing, film, brownfields, and more. If you’re buying, selling, or strategizing around credits, visit www.fallbrookfinancialservices.com or email us at [email protected].

📄 Podcast Description:
This week on the Tax Credit Talk, hosts Hallie James and Parker An take you coast to coast with the latest updates across housing, clean energy, and film tax credits revealing how shifting policy is reshaping industries in real time.

🏘️ In housing, New Jersey is stepping in with $500 million in new tax credits to close LIHTC funding gaps and jumpstart middle-income developments. At the federal level, three new bipartisan bills aim to cut red tape on environmental reviews, giving states and cities more control—and more speed.

⚡ Clean energy credits face a turning point as President Trump’s One Big Beautiful Bill Act rolls back major incentives. The 30% solar tax credit vanishes by year-end, alongside credits for EVs and energy-efficient home upgrades. The result? A consumer rush, installer bottlenecks, and a looming question about U.S. competitiveness in the global solar market.

🎥 In film, North Carolina reflects on what was lost—and what could be regained. The state’s once-thriving production sector is still struggling to match neighboring Georgia’s booming, uncapped tax incentives. A growing number of lawmakers say it’s time to bring robust film credits back and reignite the industry.

🧩 Inside the episode:

• NJ’s $500M LIHTC fix and workforce housing boost
• 3 new federal housing bills to streamline environmental reviews
• Solar and EV incentives vanish—what’s next for the market?
• North Carolina’s film industry eyes a comeback amid growing pressure

🎙️ Brought to you by Fallbrook Financial Services
Fallbrook Financial Services is one of the largest state tax credit brokerages in the U.S., having placed over $6 billion in credits across renewable energy, housing, film, brownfields, and more. If you’re buying, selling, or strategizing around credits, visit www.fallbrookfinancialservices.com or email us at [email protected].

📄 Podcast Description:
 This week on Tax Credit Talk, hosts Hallie James and Parker An cover a whirlwind of updates across the tax credit landscape, from New York’s expanded film incentives to new federal bottlenecks in clean energy and Maine’s aggressive move to support rural preservation and affordable housing.

🎬 First up: New York’s independent film tax credit just raised the stakes. A new Production Plus uplift adds an extra 5 to 10 percent for companies spending $20 million to $100 million across multiple projects. The catch? Application windows are tight, and the program favors producers with shovel-ready slates, making readiness and execution more critical than ever.

🌬️ Meanwhile, clean energy developers just hit a federal speed bump. All wind and solar projects on federal lands and waters now require personal approval from Interior Secretary Doug Burgum. This move adds bureaucracy, delays timelines, and signals a policy tilt toward fossil fuels over subsidy-backed renewables.

🧾 On the compliance front, the IRS announced monthly office hours beginning August 2025 through January 2027. These are designed to help with the mandatory pre-filing registration for those planning to claim elective (direct) payments on qualifying energy credits. This guidance will be critical as deadlines approach.

🏛️ And up north, Maine is doubling its annual historic tax credit cap from $5 million to $10 million for 2025 and 2026. The updated program offers a 35 percent credit for certified rural rehabilitation projects, with an additional 10 percent bonus if affordable housing is included. It’s a targeted, flexible approach aimed at boosting both preservation and housing access outside urban cores.

🧩 Inside the episode:

• New York Film Tax Credit: Production Plus uplift targets high-volume, ready-to-roll producers
• Federal Clean Energy Slowdown: Projects now need Secretary-level approval
• IRS Office Hours: Monthly sessions open for pre-filing registration guidance
• Maine Historic Tax Credits: Cap doubled with layered rural and housing incentives

🎙️ Brought to you by Fallbrook Financial Services
Fallbrook Financial Services is one of the largest state tax credit brokerages in the U.S., having placed over $6 billion in credits across renewable energy, housing, film, brownfields, and more. If you’re buying, selling, or strategizing around credits, visit www.fallbrookfinancialservices.com or email us at [email protected].