Federal funding and tax incentives for development in NJ, NY, CT and PA
Federal tax credits, grants and financing that reach development projects in New Jersey, New York, Connecticut and Pennsylvania. Each state’s page lists these too, marked Federal. For each: what it is, whether it is taking applications and the official source. Subscribers also see what each is worth, the next deadline, who can apply, who cannot, the steps and the conditions to watch.
Grants
Money that does not have to be repaid, usually through a public agency or municipality.
EPA brownfields assessment, cleanup and revolving loan fund grantsFederalOpening soonEPA grants that pay for assessing and cleaning up brownfields. Recipients are governments, redevelopment agencies and nonprofits; private developers benefit through them, for example by assessment of their site or a loan from a revolving fund. EPA expects the FY2027 competitions to open in fall 2026; no Multipurpose grants will be offered.
What it is worth, the next deadline, who can apply and the steps: for subscribers
CERCLA Section 104(k); Assistance Listing 66.818US EPASourceChecked Oct 6, 2026
USDA Rural Energy for America Program (REAP) grants and guaranteed loansFederalPausedUSDA Rural Development grants and loan guarantees for renewable energy systems and energy-efficiency improvements owned by agricultural producers and rural small businesses. Under the October 2026 rule, a project must already be built and operating, with 12 months of production or savings data, before the applicant applies for a grant.
What it is worth, the next deadline, who can apply and the steps: for subscribers
7 CFR Part 4280, Subparts B and C (grants); 7 CFR Part 5001 (guaranteed loans); Federal Register document 2026-20178 (October 1, 2026)USDA Rural Business-Cooperative Service (Rural Development)SourceChecked Oct 7, 2026
EPA Greenhouse Gas Reduction Fund (Solar for All, National Clean Investment Fund, Clean Communities Investment Accelerator)FederalEnded for new projectsThe $27 billion fund created in 2022: $7 billion of Solar for All grants to states and others for low-income solar, and $20 billion to national green banks and community lenders (NCIF and CCIA) that financed clean-energy projects. EPA treats all three as terminated; 2026 court rulings have gone against the terminations, but when or whether money will flow is unclear.
What it is worth, the next deadline, who can apply and the steps: for subscribers
Clean Air Act section 134 (repealed by P.L. 119-21)US Environmental Protection AgencySourceChecked Oct 7, 2026
Loans
Public loans at low or deferred rates.
DOE Energy Dominance Financing Program (section 1706)FederalTaking applicationsDOE loan guarantees for projects that retool, repower, repurpose or replace energy infrastructure that has stopped operating, raise the capacity or output of operating infrastructure, or support electric supply for grid reliability. DOE lists nuclear, coal, oil, gas, geothermal, hydropower, critical materials, grid resilience and transmission.
What it is worth, the next deadline, who can apply and the steps: for subscribers
42 U.S.C. 16517 (Energy Policy Act of 2005, section 1706, as amended by P.L. 119-21)US Department of Energy, Office of Energy Dominance Financing (formerly Loan Programs Office)SourceChecked Oct 7, 2026
Tax credits
Credits against income or business tax, often sold or syndicated to raise equity.
Low-income communities bonus for the clean electricity investment credit (48E(h))FederalBetween roundsCompetitive allocation, run by the Treasury and IRS with the Department of Energy, of extra investment credit for facilities under 5 MW that are in low-income communities, on Indian land, or part of qualified low-income residential building or economic benefit projects. A project must receive an allocation to claim the bonus.
What it is worth, the next deadline, who can apply and the steps: for subscribers
26 U.S.C. 48E(h); Revenue Procedure 2025-11US Treasury and IRS; US Department of EnergySourceChecked Oct 7, 2026
Clean electricity investment and production credits (48E, 45Y)FederalAvailable under standing lawTechnology-neutral federal credits for new electricity generation and energy storage. Wind and solar lose them unless construction began by July 4, 2026 or the project is placed in service by December 31, 2027. Other technologies, including storage, keep the full credit for construction beginning before 2034, then 75% (2034) and 50% (2035).
What it is worth, the next deadline, who can apply and the steps: for subscribers
26 U.S.C. 48E, 45Y (as amended by P.L. 119-21)US Treasury and IRSSourceChecked Oct 6, 2026
Federal historic rehabilitation tax creditFederalAvailable under standing lawA 20 percent federal income tax credit for rehabilitating a certified historic building for income-producing use, under the Secretary of the Interior’s Standards. The state historic preservation office and the National Park Service review the work in a three-part application before the IRS credit is claimed.
What it is worth, the next deadline, who can apply and the steps: for subscribers
26 U.S.C. 47; 36 C.F.R. Part 67National Park Service and IRS, through each state historic preservation officeSourceChecked Oct 6, 2026
Low-income housing tax credit (LIHTC)FederalAvailable under standing lawFederal credit for building or rehabilitating rental housing with income-restricted units, allocated by each state housing agency. From 2026 each state’s competitive (“9 percent”) allocation is 12 percent larger, and projects financed with tax-exempt bonds (“4 percent” credits) need bonds covering only 25 percent of basis when the bonds are issued after 2025.
What it is worth, the next deadline, who can apply and the steps: for subscribers
26 U.S.C. 42(h)(3)(I), 42(h)(4) (as amended by P.L. 119-21)IRS; state housing finance agenciesSourceChecked Oct 6, 2026
New Markets Tax CreditFederalAvailable under standing lawFederal credit that lowers the cost of capital for commercial, industrial, mixed-use and community-facility projects in low-income census tracts. The Treasury’s CDFI Fund gives allocations to Community Development Entities, which invest in projects. The 2025 budget law made the program permanent at $5 billion of allocation a year.
What it is worth, the next deadline, who can apply and the steps: for subscribers
26 U.S.C. 45D(f)(1)US Treasury CDFI FundSourceChecked Oct 6, 2026
Transfer of clean energy tax credits for cash (section 6418) and elective pay (section 6417)FederalAvailable under standing lawLets a project owner sell all or part of eligible federal clean energy credits, including 48E, 45Y, 45X and 45Q, to an unrelated buyer for cash. Tax-exempt and governmental entities can instead take certain credits as a direct payment (elective pay). Both require IRS pre-filing registration.
What it is worth, the next deadline, who can apply and the steps: for subscribers
26 U.S.C. 6418 and 6417 (as amended by P.L. 119-21)US Treasury and IRSSourceChecked Oct 7, 2026
Tax abatements and exemptions
Lower property, sales or income tax on the project, or a payment in lieu of taxes.
Opportunity Zone capital gains deferralFederalAvailable under standing lawInvestors who put capital gains into a Qualified Opportunity Fund that develops property or businesses in a designated zone defer tax on those gains and, after a 10-year hold, pay no tax on the fund investment’s growth. The 2025 budget law made the program permanent with a new five-year deferral for investments made after December 31, 2026.
What it is worth, the next deadline, who can apply and the steps: for subscribers
26 U.S.C. 1400Z-1, 1400Z-2 (as amended by P.L. 119-21)US Treasury and IRSSourceChecked Oct 6, 2026
Building energy credits ended June 30, 2026 (179D, 45L, 30C)FederalEnded for new projectsThree credits developers used for new buildings ended for new projects under the 2025 budget law: the 179D deduction for efficient commercial buildings (construction beginning after June 30, 2026), the 45L credit for new efficient homes (homes acquired after June 30, 2026) and the 30C credit for EV charging (property placed in service after June 30, 2026).
What it is worth, the next deadline, who can apply and the steps: for subscribers
26 U.S.C. 179D(i), 45L, 30C(i) (as amended by P.L. 119-21)US Treasury and IRSSourceChecked Oct 6, 2026
Program terms, amounts and windows change, and most awards are discretionary. Confirm with the agency before relying on any figure; this is not tax, legal or financial advice. Every entry was checked against its source on or before October 7, 2026.