Search results
Results from the WOW.Com Content Network
In Maine, moderate income is defined as up to $70,000 for an individual or up to $100,000 for married couples filing jointly. Maine also offers up to $2,000 in tax credits for EV buyers of any ...
Feb. 17—The Maine Public Utilities Commission approved a one-time $90 bill credit Thursday for approximately 90,000 low-income customers of Central Maine Power and Versant Power to help offset ...
Conference – The income floor for refunds was set at $3,000 for 2009 & 2010. [32] Expanded earned income tax credit House – $4.7 billion to increase the earned income tax credit – which provides money to low income workers – for families with at least three children. Senate – Same. Expanded college credit
Feb. 9—Maine needs 25,000 more affordable homes, but even when it builds new housing, the elderly and others who need it most cannot afford it, the head of an affordable housing agency said on ...
The nonprofit group Clean Energy States Alliance, which serves as a knowledge clearinghouse for state energy programs, extrapolated from funding applications for Solar for All in 35 states, DC and Puerto Rico, and projected the projects could add 2.9 gigawatts in power and deliver $2 billion in savings to 711,068 low-income households; 37 ...
The High-efficiency Electric Home Rebate Program was created in 2022 to award grants to State energy offices and Indian Tribes in order to establish state-wide high-efficiency electric-home rebates. Effective immediately, American households are eligible for a tax credit to cover the costs of buying and installing a heat pump, up to $2,000.
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
Jun. 15—An updated statewide energy code for new homes and commercial buildings in Maine takes effect July 1, adding to the state's effort to fight climate change in a sector responsible for ...