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Destiny USA Reaches the Green Bonds Finish Line

Green Building Law Update

I apologize for the recent hiatus here at Green Building Law Update. Now, on to green building legal news. The developer recently revealed the many of the green technologies will not be incorporated as promised. The IRS ruling fascinates me. million as a penalty. The letter blames the economy for changes to the project.

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179D Tax Deduction Allocated from Government Buildings

Green Building Law Update

On December 20, 2019, the President signed legislation reviving the Section 179D energy efficient commercial building tax deduction and while much has been written about the much needed boost to green building, little has been said about the enormous benefits available from government owned buildings. Deductions of $0.60 I’m fairly confident?)

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IRS To Audit Destiny USA's Green Bonds : Green Building Law Update

Green Building Law Update

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179D Tax Deduction Brought Back to Life thru 2020

Green Building Law Update

This past Friday night while aboard Air Force One the President signed legislation reviving the 179D energy efficient commercial buildings tax deduction, providing an enormous and much needed boost to domestic green building. green building industrial complex, including finally and decisively jumpstarting the greening of existing buildings.

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The Destiny USA Debacle: Why the IRS is the Key Player : Green.

Green Building Law Update

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The Destiny USA Debacle: May It Please the IRS : Green Building.

Green Building Law Update

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Maybe We Should Rethink LEED Laws

Green Building Law Update

As you may recall, the Destiny USA project received over $200 million in tax-free financing through the federal government's Green Bonds program. The IRS is now investigating the project because it appears the renewable energy systems were never installed. I think it's safe to say the Green Bonds program was a failure.

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