🎥 Film incentives that split the screen
North Carolina committed $29 million in grants, including $2.5 million for Top Chef and support for MrBeast’s Beast Games. The package is expected to create 3,800 jobs and generate $131 million in local economic activity. Meanwhile, New York’s $920 million program faces backlash, with watchdogs calling it a “colossal waste” that returns just $1 in tax revenue for every $3 spent.

⚡ Clean energy cuts and nuclear boosts
The One Big Beautiful Bill Act accelerates phaseouts of the 48E ITC and 45Y PTC, prompting a short-term solar and wind rush followed by a projected 41% drop after 2027. Residential solar credits vanish in 2025, even as electricity demand is set to rise 16% by 2029. Nuclear, however, secured long-term support with credits available through 2033, though developers now face stricter foreign sourcing compliance rules.

🏘️ Community programs with real reach
The CDFI Fund released its NMTC allocation agreement template ahead of a record $10 billion round, with awards expected in six weeks. Montgomery County, Maryland, quadrupled its property tax credit for child care providers from $3,000 to $10,000, expanding eligibility and aiming to stabilize a sector essential to families and workforce participation.

Key takeaways:

• Film credits can energize local economies, but accountability and ROI vary dramatically.
• Solar and wind face near-term deadlines while nuclear gains policy momentum.
• Community-level credits like NMTC and child care programs highlight the link between incentives, families, and workforce growth.

🎧 Listen to the full episode: https://apple.co/3Is9MtZ

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About Fallbrook Financial Services
Fallbrook Financial Services has placed more than $6 billion in state tax credits across housing, renewable energy, film, and brownfields. We help developers, investors, and corporations turn incentives into outcomes that last.