Power Plays & Policy Pivots: Tax Credits Just Got Real

In this week’s episode of The Tax Credit Talk, hosts Hallie James and Parker An break down the ripple effects of the newly enacted “Big Beautiful Bill”—and why your strategy needs to change now. With federal policy pulling in one direction and state incentives digging in, developers and investors face a pivotal moment.

From historic wins in affordable housing to harsh deadlines for clean energy, this episode unpacks what’s expanding, what’s ending, and where the real opportunity lies.

What We Covered:

🏘️ LIHTC just got its biggest boost in decades
A permanent 12% increase to the 9% credit and a lowered bond threshold from 50% to 25% for 4% deals could result in over 1.2 million new affordable rental homes—and serious momentum for investors.

🌞 Solar and wind face a hard stop
A presidential order accelerates the phaseout of the ITC/PTC. Projects must begin construction by July 4, 2026 and be placed in service by end of 2027. Bonus: new FEOC supply chain rules loom.

🎬 California’s film tax credit explodes
The state’s credit jumps from $330M to $750M annually, with $24 in projected return for every $1 spent. The message is clear: California wants to keep production jobs at home.

🎥 Illinois and Delaware double down on consistency
Illinois’ stable 40% credit helps greenlight a $62M studio. Delaware extends its historic tax credit through 2031, reinforcing long-term confidence in preservation and revitalization projects.

Key Takeaways:

• Affordable housing incentives are up—way up.
• Renewable energy developers are now racing the clock.
• State-level credits remain steady, strategic, and investor-friendly.
• Aligning your projects with reliable incentives is more essential than ever.

Final Thoughts:
From film sets to solar farms, the tax credit landscape is shifting fast. Federal volatility is clashing with state-level certainty—and understanding that divide could make or break your next move.

🎧 Listen to the full episode:
https://podcasts.apple.com/us/podcast/power-plays-policy-pivots-tax-credits-just-got-real/id1816285847?i=1000716539776

📩 Want to buy, sell, or strategize credits?
Reach out at team@fallbrookfinance.com with subject line: “Tax Credit Talk sent me.”

Fallbrook Financial Services has placed over $6B in credits across renewable energy, housing, film, brownfields, and more. We’re here to help you put your credits to work.