Section 45L New Energy Efficient Home Credit for multi-family housing must meet prevailing wage to qualify for elevated credit amount.
To meet the prevailing wage requirement laborers and mechanics employed by the taxpayer must be paid wages at rates not less than the prevailing rates for construction or alteration of a similar character in the locality where the facility is located as most recently determined by the Secretary of Labor.
NAIMA is the association for North American manufacturers of fiber glass, rock wool, and slag wool insulation products. Its role is to promote energy efficiency and environmental preservation through the use of fiber glass, rock wool, and slag wool insulation, and to encourage the safe production and use of these materials. Through the Insulation Institute™, we leverage the collective insulation expertise of our organization and our members to empower homeowners and professionals to make informed insulation choices. Our mission is to enable a more comfortable, energy-efficient and sustainable future through insulation — and we are constantly working with building professionals, homeowners, government agencies, and public interest, energy and environmental groups to realize that vision.
Discover more insulation knowledge at InsulationInstitute.org
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