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Tax-Deductible Solar for Everyone!

Tax-Deductible Solar for Everyone!

| Aug 25, 2015 | Housing Market

Property taxes aren’t the purview of the Feds; however, the FHA opposed plans to make solar power tax deductible because tax assessments take precedence over mortgages in the event of a default, there was general opposition to so called PACE (Property Assessed Clean Energy) programs from Fannie and Freddie in light of the 2007 recession. Now, that’s changing. The FHA just released guidelines that will enable the program pioneered in Berkley, CA, to be made available nationwide.

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