Construction and renovation projects often result in unexpected expenses. When those projects involve energy improvements, schools, local governments and non-profits can employ a variety of funding sources to stretch project budgets. In addition to grants, it is useful to include utility incentives and performance contracting.
President Obama recently released his $4 trillion Fiscal Year 2016 federal budget, a wish list of items he wants to pursue in his last full year in office. It’s only a wish list because it must be passed by politicians on both sides of the aisle. After that, any approved amounts have to be turned into funding programs and announcements. So while this budget is anything but definite there are several points of interest for the grant world. Theoretically, you will have plenty of time to prepare for any resulting requests for proposals. FY 2016 is from October 1, 2015 through September 30, 2016.