August 30, 2024

The U.S. Department of the Treasury has issued a Dear Tribal Leader Letter announcing that it will be hosting a Tribal consultation on a Notice of Proposed Rulemaking (NPRM) for the Clean Electricity Low-Income Communities Bonus Credit Amount program. The NPRM will be published in the Federal Register on Tuesday, September 3, 2024.

The Clean Electricity Low-Income Communities Bonus Credit Amount Program was created under the Inflation Reduction Act (P.L. 117-169) to promote cost-saving clean energy investments in low-income communities and Tribal lands as part of affordable housing developments. The NPRM proposes to address technology neutral versions of the Low-Income Communities Bonus Credit Program under current regulations of the IRS Code, as well as replacing and combining certain sections of its regulations. This NPRM also addresses the future “technology neutral” bonus credit for Indian lands and Tribal housing projects.

Details regarding the upcoming virtual Tribal consultation on the NPRM are as follows—

• Date/Time: Friday, September 27, 2024 from 1:00pm to 3:00pm ET
• Click Here to Register

Treasury will also accept comments on the NPRM by Friday, October 18, 2024. Comments should be sent to tribal.consult@treasury.gov. 

For more information, please contact Brian Howard, USET SPF Senior Policy Analyst, at bhoward@usetinc.org.

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Established in 1969, the United South and Eastern Tribes, Inc. (USET) is a non-profit, inter-Tribal organization serving thirty-three (33) federally recognized Tribal Nations from the Northeastern Woodlands to the Everglades and across the Gulf of Mexico. USET is dedicated to enhancing the development of Tribal Nations, improving the capabilities of Tribal governments, and improving the quality of life for Indian people through a variety of technical and supportive programmatic services.

Established in 2014, the USET Sovereignty Protection Fund (USET SPF) is a non-profit, inter-Tribal organization advocating on behalf of thirty-three (33) federally recognized Tribal Nations from the Northeastern Woodlands to the Everglades and across the Gulf of Mexico. USET SPF is dedicated to promoting, protecting, and advancing the inherent sovereign rights and authorities of Tribal Nations and in assisting its membership in dealing effectively with public policy issues.