Lapolla Industries, Inc. , Manufacturer of Spray Foam Insulation, Spray Foam Roofing, Roof Coatings, Turn-Key Rigs, Spray Foam Equipment and Spray Foam Training: Federal Tax Credit
Home Builder Tax Credit
The IRS has provided the following guidance regarding the tax credits for constructing energy efficient new homes available under the Energy Policy Act of 2005.  Eligible contractors need to fill out IRS Form 8908  to get the tax credit. 

IRS Notice 2006–27  provides guidance for the credit for building energy efficient homes other than manufactured homes.

Home builders are eligible for a $2,000 tax credit for a new energy efficient home that achieves 50% energy savings for heating and cooling over the 2004 International Energy Conservation Code (IECC) and supplements. At least 1/5 of the energy savings must come from building envelope improvements.

Spray foam can contribute to projects’ achievement of high levels of energy efficiency using assessment methods, because of the R-value per inch and the air sealing performance characteristics. 

These tax credits apply to new homes located in the United States whose construction is substantially completed after August 8, 2005 and that are acquired from the eligible contractor for use as a residence from January 1, 2006 through December 31, 2009.

This information is presented to provide general information on the new federal tax deductions and is not intended to be an interpretation of eligibility for the tax credit. Please consult with a qualified tax advisor to discuss eligibility.

FOAM-LOK Insulation Certificate.pdf
FOAM-LOK Insulation Tax Credit Certification.pdfÂ