Businesses and tax-exempt organizations, including schools, can claim the Investment Tax Credit (Sec 48) for ground-source heat pump (aka geothermal heat pump) projects.
Funding opportunity
USDA Rural Development Community Facilities Programs
This program provides grants, direct loans, and loan guarantees to public bodies, nonprofit organizations, and tribal entities to develop essential community infrastructure in rural areas with populations under 20,000. Funding supports projects that enhance public services, including healthcare, education, public safety, and transportation. Applicants must demonstrate financial need and show how the project will benefit the community. The program aims to ensure that rural areas have the necessary infrastructure to improve residents’ quality of life and attract economic development.