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NM

Sustainable Building Tax Credit

The Sustainable Building Tax Credit supports New Mexico businesses and property owners that construct or renovate qualified sustainable buildings.

About this program

The New Mexico Sustainable Building Tax Credit provides tax credits for qualifying commercial and residential sustainable building projects that meet state certification standards. Commercial property owners and businesses may use the credit for eligible new construction, renovations, or energy-efficient improvements that satisfy program requirements and receive certification from the Energy, Minerals and Natural Resources Department.

Eligibility

New Mexico property owners and businesses with qualified sustainable commercial building projects that meet state certification requirements.

Requirements

  • Project must be located in New Mexico.
  • Building project must meet eligible sustainable building certification requirements.
  • Applicant must obtain certification from the applicable state agency.