Tax Credit Allocation Committee (TCAC) Sustainability GuidelinesFebruary 4, 2016
Benningfield Group led an advisory group of experts that made recommendations to the Tax Credit Allocation Committee (TCAC) on minimum construction standards and competitive scoring criteria for energy efficiency and other sustainable building measures (SBMs). These recommendations supported TCAC’s annual update of regulations regarding the allocation of State and Federal low income housing tax credits. According to a TCAC-issued report, a conservative estimate of the annual impact of the SBMs for projects begun in the period of 2011-13 was just under 300 billion Btus/yr. That is roughly the equivalent to the amount of energy that 3,800 apartments would use annually.