In early April, the Environmental Protection Agency (EPA) announced eight recipients of $20 billion in grants under two competitions (National Clean Investment Fund, NCIF, and Clean Communities Investment Accelerator, CCIA). These initiatives fall under the umbrella of the historic $27 billion Greenhouse Gas Reduction Fund (GGRF). The GGRF was created under the Inflation Reduction Act as a key part of President Biden’s Investing in America agenda.
JTF proudly supported our partners with the Green Bank Rural America, led by Appalachian Community Capital, with their application under the CCIA competition! We look forward to contributing to the success of this exciting project.
- Appalachian Community Capital, a nonprofit CDFI with a decade of experience working with community lenders in Appalachian communities, received $500 million to catalyze green energy investments in low-income rural communities. ACC plans to deliver clean capital and offer capacity building assistance to hundreds of community lenders working in coal, energy, underserved rural, and Tribal communities across the United States.
The eight winners are deeply committed to reducing climate and air pollution, particularly in regions disproportionately affected by environmental challenges. These initiatives offer support for low-income and marginalized communities, with a specific focus on addressing the needs of disadvantaged Black and Brown communities. By doing so, they seek to promote climate justice and create a more equitable society.
In addition to their environmental and social impact, these funded projects will support economic growth by creating good-paying jobs within the clean energy sector. By investing in workforce development, they seek to foster a more resilient and prosperous future for communities across the country.
See the full list of winners here!
If you are working in a transitioning coal community and need assistance applying for federal funds, please contact us by filling out this brief inquiry form.
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