About Justice Climate Fund
The Justice Climate Fund (JCF) submitted an innovative plan to the Environmental Protection Agency (EPA) Greenhouse Gas Reduction Fund (GGRF) to affordably finance clean energy projects that promise to deliver healthier air, greener transportation, cleaner water, cost savings, and better-paying jobs to communities across the country. In April, the EPA awarded JCF nearly $1B to execute on this plan. Click here to learn more.
More about
JCF
Founded by the Community Builders of Color Coalition, JCF is a purpose-built nonprofit that puts communities first, enabling and deploying capital for distributed energy generation, net-zero buildings, and zero-emissions transportation projects at the most local level — to the community lenders that, for decades, have delivered financial opportunity, security, and prosperity to struggling Americans.
JCF CCIA Network Coordinators
The five JCF Clean Communities Investment Accelerator (CCIA) Network Coordinators are the backbone of the JCF CCIA program, bridging the gap between JCF and community lenders and ensuring that the program meets the unique financial product needs of diverse communities across the nation – while following U.S. Environmental Protection Agency (EPA) guidelines and reporting requirements. The JCF CCIA Network Coordinators are:
About the
Greenhouse Gas Reduction Fund
and the JCF Application
On august 16, 2022
President Joe Biden signed into law the Inflation Reduction Act, which authorized the Environmental Protection Agency (EPA) to implement the $27B GGRF to mobilize financing and private capital to combat the climate crisis and revitalize communities, particularly those that have historically been left behind.
The GGRF will be implemented through three grant competitions:
$14B
National Clean Investment Fund (NCIF)
$6B
Clean Communities Investment Accelerator (CCIA)
$7B
Solar for All competition
On October 12, 2023
JCF submitted its application for two of the GGRF programs:
On April 4, 2024
The EPA announced that JCF was selected to receive approximately $1 billion in funding.
Applied for
$12.21B from the NCIF
which it will use to distribute capital to low-income and under-resourced communities at a percentage well above the federal government’s 40% threshold. Via its unprecedented coalition and expertise, JCF will make green lending accessible and affordable to disadvantaged households, businesses, and communities.
Applied for
$4.4B from the CCIA
which JCF will enable every Community Lender in its nationwide network to apply for funding to gain the necessary skills, tools, and relationships to successfully deploy affordable, responsible clean energy lending for low-income and under-resourced households, businesses, and communities. The ultimate vision is to accelerate community lender capacity to finance Priority Qualified Projects that meet community needs, based on the objective merits and spectrum of benefits of such projects to disadvantaged communities nationwide.
On august 16, 2024
JCF finalized its agreement with the EPA for the CCIA program.
Funding
$940M from the CCIA
which aims to build local community lender capacity to finance distributed energy generation, net-zero buildings, and zero-emissions transportation projects through capitalization funding and technical assistance grants.