News
Dec 17, 2024 _ news
Our IRA Calculator Finds Funding Opportunities for Healthcare Projects
Our IRA Calculator now calculates funding opportunities for healthcare projects! Our popular tool, developed with CMTA, helps our clients—including healthcare clients—understand funding opportunities in the Inflation Reduction Act (IRA) for sustainable design
While the goals of the IRA are generally understood among people in the building industry, we’ve found they frequently don’t understand its details or the opportunities to support sustainability that it holds. This can be especially true in healthcare design where environments are highly regulated. So, we set out to update our easy-to-use tool to help all industries understand the financial impact of different sustainability strategies.
By answering a brief series of questions about the sustainability features your project may include—for example, does it use renewable energy or high-efficiency HVAC systems—you can discover potential funding opportunities.
For this update, the team that developed the IRA Calculator tested it again using several real-world healthcare case studies and found that individual projects can be eligible for hundreds of thousands (or even millions) of dollars in incentives to support sustainable design.
The IRA Calculator is not a substitute for professional tax advice, but it can help developers take the right questions to their financial team.
