New Resource for Building Owners and Managers: Understanding and Advancing Tax Incentives
LandlordBC and BOMA BC are pleased to share the Understanding and Advancing Tax Incentives for Low-Carbon Building Retrofits report. Developed by FRESCo, this guide serves as a practical primer on three key tax incentives:
- Clean Technology Investment Tax Credit (CT ITC)
- BC Clean Buildings Tax Credit (CBTC)
- Accelerated Investment Incentive (AII)
The report is an accessible resource to help building owners, managers, and industry professionals understand how these programs work, their eligibility requirements, and how they apply to retrofit projects. It also highlights common challenges and practical insights from tax and technical professionals to help inform planning and decision-making.
We encourage members to review this resource as a starting point for integrating tax incentives into retrofit strategies, and to take advantage of these complementary programs for hands-on support.
In addition, the report connects members to two free programs already offered through BOMA BC and LandlordBC that can support companies identify and start planning for retrofits that can receive tax incentives:
- The BOMA BC Decarb Accelerator Program, which provides tailored support, technical guidance, and business case development for commercial building decarbonization.
- The LLBC Rental Apartment Retrofit Accelerator (RARA), which helps rental housing providers identify opportunities, complete feasibility studies, and navigate incentives for multi-unit retrofit projects.
Download The Report – FINAL_Understanding and Advancing Tax Incentives – BOMA & LLBC