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IA

Brownfield and Grayfield Redevelopment Tax Credit — Green Building

Enhanced tax credits for Iowa brownfield (up to 30%) and grayfield (up to 15%) redevelopment projects meeting green building requirements — 6 percentage points higher than standard rates. Max $1.5M per project. $15M annual program cap.

About this program

Visit the program website for full details.

Eligibility

Individuals, LLCs, S corporations, nonprofits, estates, or trusts undertaking qualifying rehabilitation of brownfield or grayfield sites in Iowa that also meet green building certification standards.

Requirements

  • Property must qualify as a brownfield or grayfield
  • Project must meet green building requirements for enhanced credit
  • Application during July–August annual window