[RE-wrenches] Trading federal tax credits?

[Joel Davidson]

Welcome to the "Oops, I hit the wrong key club."
Here's the latest on ITC refundability.
http://www.greentechmedia.com/articles/tax-credit-fix-for-solar-in-the-works-5570.html

> ..................................................................................................
> ----- Original Message ----- 
> From: "Joel Davidson" <joel.davidson at sbcglobal.net>
> To: "RE-wrenches" <re-wrenches at lists.re-wrenches.org>
> Sent: Friday, January 23, 2009 2:44 PM
> Subject: Re: [RE-wrenches] Trading federal tax credits?
>
>
>> Good luck finding someone who is tax credit hungry. On a positive note, 
>> the Solar Energy Industries Association (SEIA) and others are lobbying 
>> the new adminstration and congress to make the Investment Tax Credit 
>> (ITC) refundable.
>> Joel Davidson
>>
>> ----- Original Message ----- 
>> From: "troy Harvey" <taharvey at heliocentric.org>
>> To: "RE-wrenches" <re-wrenches at lists.re-wrenches.org>
>> Sent: Friday, January 23, 2009 11:54 AM
>> Subject: [RE-wrenches] Trading federal tax credits?
>>
>>
>>>I have a customer who is wanting to do a solar housing subdivision who 
>>>is wanting to know if there is a market to trade federal tax credits.  He 
>>>has a large install and can't absorb all of the tax credits. Are  federal 
>>>Tax credits transferable? Is there a creative mechanism to  trade tax 
>>>credits? Any other creative finance mechanisms through a  solar 
>>>investment bank that can take the credits?
>>>
>>>
>>> Troy Harvey
>>> ---------------------
>>> Heliocentric
>>> 801-453-9434
>>> taharvey at heliocentric.org