Hawaii County, HI Research & Development
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Non-Profit Organizations and Governments
Grants, Loans, and Technical Assistance
Description: Grants and technical assistance available to aid community-based programs in disadvantaged communities reduce pollution and climate change impacts.
Amount: $3 billion
Funding Source: Environmental Protection Agency (EPA)
Eligible Entities:
- A partnership between a Tribe, a local government, or an institution of higher education AND a community-based nonprofit organization
- A community-based nonprofit organization
- A partnership of community-based nonprofit organizations
Resources:
Description: Grants to improve connectivity and support equitable transportation access through improvements such as highway removal/remediation/capping and complete streets.
Amount: $3 billion
Eligible Entities:
- States
- Local governments
- Non-profits or universities working in partnership with states or local governments
Funding Source: Federal Highway Administration (FHA)
Resources:
ACEEE (American Council for an Energy Efficient Economy) Article
Description: Provide competitive grants to mobilize financing and leverage private capital for clean energy and climate projects that reduce greenhouse gas emissions, with an emphasis on projects that benefit low-income and disadvantaged communities (AKA, Green Banks).
Amount: $27 billion in total
- $7 billion for State/local government to finance projects that reduce GHG emissions in low-income and disadvantaged communities
- $8 billion to nonprofit financing entities for projects in low-income and disadvantaged communities
- $12 billion to nonprofit financing entities for projects in any community
Eligible Entities:
- States
- Local governments
- Non-profit financing entities
Funding Source: Environmental Protection Agency (EPA)
Resources:
EPA Info on Greenhouse Gas Reduction Fund
Description: Grants to fund the development and implementation of greenhouse gas emissions reduction plans
Amount: $5 billion
Funding Source: Environmental Protection Agency (EPA)
Eligible Entities: State and local governments
Description: Multiyear, programmatic, competitive grants for tree planting and related activities.
Amount: $1.5 billion
Funding Source: United States Department of Agriculture (USDA)
Eligible Entities:
- States
- Local government
- Non-profit organizations
Resources:
Description: Grants and loans to HUD-assisted properties to improve energy or water efficiency; enhance indoor air quality or sustainability; implement the use of zero-emission electricity generation, low-emission building materials or processes, energy storage, or building electrification strategies; or make the properties more resilient to climate impacts.
Amount: $1 billion
Funding Source: Office of Housing and Urban Development (HUD)
Eligible Entities: Properties receiving assistance under
- Section 8 Project Based Rental Assistance (PBRA)
- Section 202
- Section 811 programs
- Properties converting to Section 8 PBRA through the Rental Assistance Demonstration (RAD)
Resources:
Description: Provides funding through direct expenditure, contracts, grants, cooperative agreements, or technical assistance to support coastal resilience, coastal communities, and conservation, restoration, and protection of coastal and marine habitat and resources, including fisheries.
Amount: $2.6 billion
Funding Source: National Oceanic and Atmospheric Administration (NOAA)
Eligible Entities:
- Coastal states
- Local governments
- Non-profit organizations
- Institutes of higher education
Resources:
Description: Provide funding to offset the costs of replacing heavy-duty Class 6 and 7 commercial vehicles with zero-emission vehicles; deploying infrastructure needed to charge, fuel, or maintain these zero-emission vehicles; and developing and training the necessary workforce.
Amount: $1 billion
Source: Environmental Protection Agency (EPA)
Eligible Entities: States and local governments
Resources:
Description: Funding for grants and other activities to install and improve air pollution monitoring equipment and expand the network of monitoring stations.
Amount: $280 million
Funding Source: Environmental Protection Agency
Eligible Entities: States and local governments
Resources:
Description: Grants to purchase and install zero-emission port equipment and technology, conduct associated planning or permitting activities for this equipment and technology, and develop climate action plans to further address air pollution at ports.
Amount: $3 billion
Funding Source: Environmental Protection Agency (EPA)
Eligible Entities:
- States
- Local governments
- Port authorities
- Clean air agencies
- Private entities that conduct operations at a port
Resources:
Description: Provide financial assistance to states to develop and implement a program to provide training and education to contractors involved in the installation of home energy efficiency and electrification improvements, including improvements eligible for rebates under sections HOMES and HEEHRA.
Amount: $200 million
Funding Source: Hawaiʻi State Energy Office
Eligible Entities: States
Resources:
Tax Incentives
A provision to the IRA now allows tax-exempt entities to participate in programs that utilize tax incentives. These entities can opt for a direct payment in lieu of a tax credit.
Description: Provides a tax credit for investment in renewable energy projects. Projects must begin construction before 1/1/25
Amount:
- Base credit of 6%
- Credit is increased by 5 times for projects meeting prevailing wage and registered apprenticeship requirements
- Credit is increased by up to 10 percentage points for projects meeting certain domestic content requirements for steel, iron, and manufactured products
- Credit is increased by up to 10 percentage points if located in an energy community
Eligible Entities: Fuel cell, solar, geothermal, small wind, energy storage, biogas, microgrid controllers, and combined heat and power properties
Resources:
Description: Provides a tax credit for production of electricity from renewable sources for projects beginning construction before 1/1/25.
Amount:
- Base amount: $0.03/kW, inflation adjusted
- Credit is increased by 5 times for projects meeting prevailing wage and registered apprenticeship requirements
- Credit is increased by 10% if the project meets certain domestic content requirements for steel, iron, and manufactured products.
- Credit is increased by 10% if located in an energy community.
Eligible Entities: Facilities generating electricity from wind, biomass, geothermal, solar, small irrigation, landfill and trash, hydropower, and marine and hydrokinetic renewable energy.
Resources:
Description: Provides a tax credit for purchasers of qualified commercial clean vehicles
Amount: 30% tax credit up to $7,500 for vehicles weighing less than 14,000 pounds, and up to $40,000 for vehicles weighing more than 14,000 pounds.
Eligible Entities: Businesses that acquire motor vehicles or mobile machinery for use or lease; tax-exempt entities that acquire them for use.
Resources:
Description: Provides a tax credit for alternative fuel vehicle refueling and charging property in low-income and rural areas. Alternative fuels include electricity, ethanol, natural gas, hydrogen, biodiesel, and others.
Amount: 30% tax credit up to $100,000 per station for commercial property and up to $1,000 per station for residential property.
Eligibility: The qualified alternative fuel vehicle refueling property must be for clean burning fuels, as defined in the statute, and must be located in low-income or rural areas.
Resources:
National Law Review: EV Charging Station Tax Credits are Back
U.S. Department of Energy Page
Description: Provides a credit for carbon dioxide sequestration coupled with permitted end uses within the United States.
Amount: Up to $85 per ton of carbon dioxide permanently stored and up to $60 per ton of carbon dioxide used for enhanced oil recovery or other industrial uses of carbon dioxide.
Eligibility: U.S. facilities within minimum volumes: 1,000 metric tons of CO2 per year for DAC facilities; 18,750 metric tons for electricity generating facilities (with carbon capture capacity of 75% of baseline CO2 production); 12,500 metric tons for other facilities.
Resources:
Description: Tax credit for electricity produced at a qualified nuclear power facility.
Amount:
- Base credit: 0.3 cents/kWh, inflation adjusted after 2024. Credit amount phases down depending on the amount of energy produced and the gross receipts of the nuclear power facility.
- 5 times the base credit if prevailing wage requirement is met for workers doing alteration or repair at the facility.
Resources:
Description: Provides a tax credit to produce clean hydrogen at a qualified clean hydrogen production facility.
Amount:
- Base credit: $0.60/kg multiplied by the applicable percentage. The applicable percentage ranges from 20% to 100% depending on lifecycle greenhouse gas emissions. The $0.60/kg is adjusted for inflation.
- 5 times the base credit if the facility meets prevailing wage and registered apprenticeship requirements.
Eligibility: Producers of hydrogen in the United States
Resources:
Bloomberg Tax: The New Clean Hydrogen Production Tax Credit, Explained
Description: Provides a tax credit for domestic production of clean transportation fuels, including sustainable aviation fuels.
Amount:
- Base credit: $0.20/gallon for non-aviation fuel and $0.35/gallon for aviation fuel, multiplied by the carbon dioxide “emissions factor” of the fuel. Inflation adjusted after 2024.
- Credit is 5 times the base amount ($1/gallon for non-aviation fuel, $1.75 gallon for aviation fuel, multiplied by the emissions factor) for facilities meeting prevailing wage and registered apprenticeship requirements. Inflation adjusted after 2024.
Eligibility: Registered producers in the United States. Fuels with less than 50 kilograms of carbon dioxide equivalent per million British thermal units (CO2e per mmBTU) qualify as clean fuels eligible for credits.
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Description: Provides a production tax credit for domestic manufacturing of components for solar and wind energy, inverters, battery components, and critical minerals.
Amount: Credit amount varies by technology
Eligibility: Domestic manufacturers
Resources:
Definition: Provides a tax credit for investments in advanced energy projects, as defined below
Amount:
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Base credit: 6% of taxpayer’s qualifying investment
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Bonus: Businesses can claim a 30% credit for projects meeting prevailing wage and registered apprenticeship requirements.
Eligibility: A project that
(1) re-equips, expands, or establishes an industrial or manufacturing facility for the production or recycling of a range of clean energy equipment and vehicles;
(2) re-equips an industrial or manufacturing facility with equipment designed to reduce greenhouse gas emissions by at least 20 percent; or
(3) re-equips, expands, or establishes an industrial facility for the processing, refining, or recycling of critical materials.
Description: Provides a tax deduction for energy efficiency improvements to commercial buildings, such as improvements to interior lighting; heating, cooling, ventilation, and hot water; and building envelope. Tax exempt entities can pass credits through to the designer or developer of the property.
Amount:
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Base credit: $0.50-$1 per square foot, depending on increase in efficiency, with deduction over four year periods capped at $1 per square foot. Inflation adjusted. Alternatively, taxpayers can deduct adjusted basis in “qualified retrofit plans” that reduce a building’s energy use intensity by at least 25%.
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5 times the base amount if the project meets prevailing wage and registered apprenticeship requirements.
Eligibility: Owners and long-term lessees of commercial buildings. Designers of energy efficient building property (architects, engineers). Tax-exempt owners of commercial properties, pending Treasury guidance on deduction allocation.
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