Skip to main content

Clean Communities Investment Accelerator (CCIA)

Under the $6 billion Clean Communities Investment Accelerator, the five selected applicants will establish hubs that provide funding and technical assistance to community lenders working in low-income and disadvantaged communities, providing an immediate pathway to deploy projects in those communities while also building capacity of hundreds of community lenders to finance projects for years.

Each of the selectees will provide capitalization funding (typically up to $10 million per community lender), technical assistance subawards (typically up to $1 million per community lender), and technical assistance services so that community lenders can provide financial assistance to deploy distributed energy, net-zero buildings, and zero-emissions transportation projects where they are needed most.

100% of capital under the CCIA is dedicated to low-income and disadvantaged communities.


  • Awardee application: Opportunity Finance Network CCIA application details

    Awardee website: Connect with Opportunity Financial Network

    Description: Founded in 1986, Opportunity Finance Network (OFN) is a nonprofit U.S. Treasury-certified Community Development Financial Institution (CDFI) Intermediary that provides capital and capacity building for a national network of 400+ mission-driven community lenders, 95% of which are U.S. Treasury-certified CDFIs and 93% of which are loan funds. Collectively, OFN’s network of community lenders serves all 50 states, the District of Columbia, Puerto Rico, and Guam; holds $42 billion in assets; has provided over $100 billion in financing to communities across the country; and has a strong history of efficiently managing federal funds, with 95% of members having received grants totaling $3.3 billion from the U.S. Treasury’s CDFI Fund. OFN also has significant experience managing federal awards, having received 19 federal grants totaling $30 million and having issued $682 million as a Qualified Issuer for the U.S. Treasury’s CDFI Bond Guarantee Program. With its $2.29 billion award, OFN will provide capital and technical assistance to community lenders so that they can invest and reinvest in eligible projects that reduce emissions of greenhouse gases and other air pollutants in low-income and disadvantaged communities. To target federal funds effectively and equitably, OFN will use a purpose-built Climate Lending Investment Mobilization Assessment Tool, informed by its past experience deploying new financial products into low-income and disadvantaged communities as well as a two-year listening tour with OFN’s members and the communities they serve. 

    Program will focus on:

    • The needs of low-income, low-wealth communities.
    • CDFIs and other mission lenders that can target federal funds to underserved markets.
    • Environmental Justice and equity.
    • Speed to market balanced with long-term community transformation.

    Funding will be distributed to OFN members.

  • Awardee application: Inclusiv CCIA Application Details

    Awardee website: Connect with Inclusiv

    Description: Founded in 1974, Inclusiv is a nonprofit U.S. Treasury-certified CDFI Intermediary that provides capital and capacity building for a national network of 900+ mission-driven, regulated credit unions, which include CDFIs, and financial cooperativas in Puerto Rico. Collectively, these 900+ credit unions manage $330 billion in assets and serve 23 million individuals with financial products and services across all 50 states, the District of Columbia, Puerto Rico, and U.S. Virgin Islands. With its nearly $1.9 billion award, Inclusiv will deliver capitalization funding, coupled with technical assistance, to credit unions that can direct affordable green loan capital and deep community development expertise to a broad range of eligible projects, including consumer loans for residential solar installations, home charging stations, and energy efficient appliances; real estate lines of credit for decarbonization retrofits of homes and commercial properties; zero-emissions vehicle loans; and business loans for community solar, charging infrastructure, and micro-grid projects. 

    Program will focus on:

    • Consumer loans for residential solar installations, home charging stations, and energy efficient appliances.
    • Real estate lines of credit for decarbonization retrofits of homes and commercial properties.
    • Zero-emissions vehicle loans; and business loans for community solar, charging infrastructure, and micro-grid projects. 
  • Awardee application: Justice Climate Fund CCIA Application Details

    Awardee website: Connect with Justice Climate Fund

    Coalition Members/Named Subrecipients: Accelerator for America; African American Alliance of CDFI CEOs; Elevate Energy; The Greenlining Institute; Housing Partnership Network; ImpactAssets, Inc.; Inclusiv; Inclusive Prosperity Capital; Institute for Market Transformation; National Association for Latino Community Asset Builders; National Bankers Community Alliance; National Coalition of Asian Pacific American Community Development; New Ecology; Oweesta Corporation: Partners for the Common Good; RMI; University System of New Hampshire - Carsey School of Public Policy; Vermont Energy Investment Corporation.

    Description: Justice Climate Fund (JCF) is a purpose-built nonprofit supported by an existing ecosystem of coalition members (representing a broad cross-section of Environmental Justice, community development finance, and other organizations); a national network of more than 1,200 community lenders (including CDFIs and MDIs), and ImpactAssets (a non-profit with over $3 billion under management). JCF is designed to enable community lenders across the country to have the technical knowledge and capital necessary to successfully deploy affordable, responsible financial products that low-income and disadvantaged communities need to be engaged leaders in the clean and just energy transition. JCF’s coalition includes over a dozen technical assistance partners that will not only help deliver technical assistance services to community lenders but also help reach community lenders that are best positioned to serve low-income and disadvantaged communities across the country. With its $940 million award, JCF will stand up a Community-Based Green Lender Certification Program that features several competition “waves” and “reservations” to ensure that community lenders receive funding only once they have been appropriately assessed, trained, and certified for funding. JCF’s network of community lenders covers all 50 states, the District of Columbia, Puerto Rico, U.S Virgin Islands, and hundreds of Tribal Nations. 

    JCF is focused on enabling community lenders through technical assistance

    • Community-Based Green Lender Certification Program 
    • Capacity building
    • Community engagement and education
    • Standardized reporting

    JCF will prioritize communities based on their Priority Communities Classification and will offer support to community lenders through tailored financial products identified by the communities.

  • Awardee application: Appalachian Community Capital CCIA Application Details

    Awardee website: Connect with Appalachian Community Capital

    Coalition Members/Named Subrecipients: Green Bank for Appalachia, Coal and Energy Communities, and Underserved America, LLC (“Green Bank for Rural America” or “GBRA”) 

    Description: Founded in 2013, Appalachian Community Capital (ACC) is a U.S. Treasury-certified CDFI membership organization that is launching the Green Bank for Rural America, a purpose-built program to deliver critical investments in coal, energy, underserved rural, and Tribal communities across the United States. The Green Bank for Rural America builds on ACC’s decade of experience providing capital for its members, which are lenders serving Appalachian communities that collectively manage over $4 billion in assets. With its $500 million award, Appalachian Community Capital will stand up the Green Bank for Rural America to work with U.S. Treasury-certified CDFIs (including Native CDFIs), federal grant recipients under financing programs at the U.S. Department of Agriculture and U.S. Department of Commerce, and other community lenders, catalyzing investment into thousands of projects that reduce energy bills, improve air quality, and create high-quality jobs in hard-hit communities across the country. Instead of being left behind, the Green Bank for Rural America will ensure these communities receive the funding and technical assistance they need to be part of the transition to a clean economy. 

    • Program will target 13-state region of Appalachia, Coal and Power Plant Communities nationally, and other underserved rural areas such as Persistent Poverty Counties, NMTC Low Income Communities, federal Opportunity Zones and other areas, including communities in Michigan.
  • Awardee application: Native CDFI Network CCIA Application Details

    Awardee website: Connect with Native CDFI Network

    Coalition members/named subrecipients: Alliance for Sustainable Energy; Alliance for Tribal Clean Energy; Blue Lake Rancheria; GRID Alternatives; ICAST USA; National American Indian Housing Council; National Center for American Indian Enterprise Development; National Indian and Native American Employment Training Conference - California Indian Manpower Consortium, Inc.; National Indian Health Board; Northern Arizona University; University of New Hampshire - Carsey School of Public Policy 

    Description: Founded in 2009, the Native CDFI Network (NCN) serves as national voice and advocate for U.S. Treasury-certified Native CDFIs, which primarily serve and are accountable to Native communities. There are over 60 Native CDFIs with a presence in 27 states, including both rural reservation communities and urban communities, and have a mission to address capital access challenges in Native communities. With its $400 million award, NCN aims to provide capital and technical support to its network of 63 community lenders. This support will enable financing for distributed energy generation, net-zero buildings, and zero-emissions transportation projects in Native communities nationwide. NCN’s program will involve close collaboration with community lenders to identify existing shovel-ready projects and assess capital needs, along with providing capacity-building support to scale up their lending activities. NCN’s program will provide capitalization funding and technical assistance strategically to maximize the deployment of capital and effectively achieve greenhouse gas reduction goals, leading to the development of thriving, sustainable Native economies. 

    • NCN has developed a distribution process that aligns with their lending strategy:
      • Tier 1: lenders that have an excess of >$10M in shovel-ready, CCIA qualified clean energy projects with partner financing recipients in existing pipeline (~9-10 community lenders)
      • Tier 2: lenders that have <$10M in shovel-ready, CCIA qualified clean energy projects with partner financing recipients in existing pipeline (~34-35 community lenders)
      • Tier 3: lenders that have undefined local market demand to be able to deploy 100% of their capital within six years or existing pipeline of shovel-ready, CCIA-qualified projects that total to <30% of capitalization funding allocation 

    NCN has selected Coalition Partners to support Network lenders in capacity-building through technical assistance services.

Part of the Greenhouse Gas Reduction Fund

The Inflation Reduction Act authorized the EPA to create and implement the Greenhouse Gas Reduction Fund , a historic $27 billion investment to combat the climate crisis by mobilizing financing and private capital for greenhouse gas- and air pollution-reducing projects in communities across the country.