What is a tax credit transfer?

A tax credit transfer is the sale of federal or state tax credits from the entity that earned them (such as a renewable energy developer or affordable housing project) to a third-party buyer who can use them to offset their own tax liability. The Inflation Reduction Act expanded transferability for many federal energy credits, and a number of states allow transfer of state credits as well.

What types of tax credits does Fallbrook handle?

Fallbrook handles federal and state tax credit transactions including renewable energy Investment Tax Credits (ITC) and Production Tax Credits (PTC), Low-Income Housing Tax Credits (LIHTC), Historic Rehabilitation Tax Credits, and film production tax credits across all 50 states.

Who buys tax credits?

Tax credit buyers are typically corporations, banks, and insurance companies with significant federal or state tax liability. They purchase credits at a discount to face value to reduce their effective tax burden while supporting renewable energy, affordable housing, historic preservation, or film production projects.

How long has Fallbrook been in business?

Fallbrook Financial Services Company has been operating since 1986, with over $6 billion in tax equity investments facilitated to date. The firm is headquartered in Calabasas, California.

What is the difference between a federal and state tax credit?

Federal tax credits offset federal income tax liability and are governed by the Internal Revenue Code. State tax credits offset state tax liability and vary widely by jurisdiction in terms of eligibility, transferability, and pricing. Many projects qualify for both federal and state credits stacked together.

Maximizing Value

with State Tax Credits

State tax credits offer a range of incentives for businesses and investors. Fallbrook's expertise extends across the nation, helping you navigate and capitalize on state-specific tax credit programs.

Empowering Communities and Driving Economic Growth

State tax credits offer a unique opportunity to support local projects, tap into diverse opportunities, and align your investments with state economic development plans.

State tax credits are a powerful tool for building a better future for all, empowering communities, and driving economic growth.

Drive community growth by breathing life into community projects that enhance neighborhoods, foster job creation, and ignite economic vitality.

Engage in a variety of projects that contribute to the rich tapestry of community development, from affordable housing initiatives to sustainable energy ventures.

Elevate your investments strategically by making informed choices that align your financial goals with impactful projects that drive local economic growth.

Our Expertise in State Tax Credits

Our team of experts has the knowledge and experience to help you identify, apply for, and implement state tax credits that can save you money and help you achieve your business goals.

Tax Credit Analysis

Comprehensive review of available state tax credits.

Application Assistance

Guidance through the application process for state tax credits.

Project Implementation

Support from project inception to completion.

How State Tax Credits Help

Explore the state tax credit programs we work with, each offering unique benefits and opportunities.

Film & Entertainment Credits

Boost your production budget and showcase your state to the world.

Job Creation Credits

Invest in your future and the future of your employees by creating new jobs and opportunities in your community.

Environmental Improvement Credits

Reduce your environmental impact and save money on energy costs by supporting clean energy development and job creation.

Contact Fallbrook

for expert guidance and support

Our Team

JOSH LEDERER

Chief Revenue Officer, Senior Managing Director - Tax Credit Group

Josh has structured and monetized over one billion dollars of state and federal tax credit investments over the last twenty years.

JLederer@FallbrookFinance.com

JUSTIN GORDON

Senior Managing Director - Tax Credit Group

Justin works closely with many Fortune 500 companies to help provide them with substantial savings through tax-based investments.

JGordon@FallbrookFinance.com

JEFF JERDIN

Managing Director - Tax Credit Group

Jeff is responsible for the acquisition and placement of tax credit equity and for facilitating the sale of transferrable state tax credits for projects.

JJerdin@FallbrookFinance.com

BRIAN GALLOP

Director - Tax Credit Group

Brian sources and manages state and federal tax credit investments at Fallbrook, specializing in transferable credits across multiple industries. Known for his strong work ethic, he oversees deals from start to close with a client-first approach.

BGallop@FallbrookFinance.com