On July 7, 2016, the President signed into law the Omnibus Appropriations Act, a.k.a. “Extender Bill”, retroactively extending the $1,000 per home tax credit for producers of ENERGY STAR manufactured homes. The credit is available for homes certified through the end of 2015, AND through all of 2016. That is, the home’s ENERGY STAR checklist must be completed and dated before January 1, 2017.
If you are keeping score, the $1,000 federal tax credit for building ENERGY STAR manufactured homes has never lapsed since it was enacted in 2006. Three times now Congress has waited until the end of the year to pass a retroactive credit, making it impossible for companies to include the credit in their planning. This time, the credit extends through the following year. It’s unlikely there will ever be a better opportunity to provide homebuyers with such value while having the cost underwritten by our taxes.