Coast-to-Coast Credit Shifts in Film, Housing, and Energy

In this week’s episode of Tax Credit Talk, hosts Hallie James and Parker An dig into the latest cross-sector shifts in the tax credit landscape. From a major solar surprise in the Senate to Hollywood’s newest incentive arms race, this episode is all about the fast-evolving policies that are shaping where—and how—capital flows in housing, energy, and entertainment.

What We Covered:

Louisiana’s big move to revive film production
The state has revamped its film tax credit program, boosting the base rate to 40% and lifting key caps. The changes are designed to make Louisiana competitive again as production budgets and streaming content demands rise.

California goes all in on entertainment
Governor Gavin Newsom announced a blockbuster $750 million annual credit budget for film and TV production and revealed 48 new projects already approved. It’s a clear signal the state intends to hold onto its title as the epicenter of U.S. filmmaking.

Surprise reversal on solar credits
The U.S. Senate surprised many by moving to restore the full 30% residential solar credit, countering fears that incentives would be phased out. This could reinvigorate rooftop installations and stabilize the market heading into 2026.

New IRS guidance on Energy Community bonuses
The IRS released long-awaited updates clarifying qualifications for Energy Community bonus credits, which provide additional incentives for solar and wind projects in former coal and fossil fuel regions.

Iowa champions historic preservation
State legislators introduced a bill that would retroactively restore 100% refundability for certain historic tax credits. The move could unlock significant financing for downtown revitalization and preservation projects across the state.

Key Takeaways:

• State film credit programs are heating up again—with LA and Louisiana leading the charge.
• The Senate’s restoration of the residential solar credit signals a possible policy pivot back toward consumer-based clean energy.
• Bonus guidance and state-level credit expansions are reshaping project feasibility across multiple industries.

Final Thoughts:

As policies pivot and programs evolve, tax credit strategy is more critical than ever. Whether you’re producing films, financing housing, or powering up solar, understanding the newest rules and incentives can make or break a deal.

🎧 Listen to the full episode:
https://podcasts.apple.com/us/podcast/coast-to-coast-credit-shifts-in-film-housing-and-energy/id1816285847?i=1000714580780

📩 To speak with our team, reach out at team@fallbrookfinance.com with the subject line “Tax Credit Talks.”

Fallbrook Financial Services is one of the largest state tax credit brokerages in the country. With over $6 billion in credits placed across renewable energy, housing, film, brownfields, and more, we’re here to help you put your credits to work.