Will IRA Grants for Building Upgrades Survive?

One of President Trump’s campaign promises was to repeal former President Biden’s landmark legislation the Inflation Reduction Act. The bill, signed in the aftermath of the pandemic, has been called the Green New Deal and was designed to give federal grant money to a variety of sustainable initiatives including a number of different provisions aimed to incentive a transition to more sustainable building. The tax breaks and grant money has already been used by many property companies to help them build or improve their properties with energy efficient upgrades. But now with the Republicans in control of all three branches of government, the future of IRA grants for construction projects is in question. The uncertainty has left many property owners who have already applied for these programs wondering if their projects will be able to go forward without these subsidies...