Our Unity in Purpose
Delivers Results
JCF was one of five awardees of the EPA’s $6 billion CCIA program, 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. The five awardees are:
$2.3B
Opportunity Finance Network
$1.9B
Inclusiv
$940M
Justice Climate Fund
$500M
Appalachian Community Capital
$400M
Native CDFI Network
To apply to the JCF CCIA program, an entity must:
Be a CDFI bank or a public, quasi-public, or nonprofit community lender; AND
Be a member/affiliate of one of the five JCF CCIA Network Coordinators.
The JCF CCIA program
goals are to:
Grow and expand climate financing and community engagement in under-resourced communities;
Leverage CCIA capitalization funding for distributed energy generation, net-zero buildings, and zero-emissions transportation projects that would not have otherwise been financed; and
Help community lenders build a demonstration portfolio that allows them to expand or launch climate financing business lines.
Through the JCF CCIA program, eligible community lenders will have access to:
Training and resources to support climate financing and community engagement activities.
As determined by the EPA, projects qualified to receive JCF CCIA program financing must meet each of the following criteria:
Reduce or avoid greenhouse gas emissions;
Reduce or avoid emissions of other air pollutants;
Deliver additional benefits in one of seven areas (climate change, clean energy, clean transportation, pollution remediation, clean water infrastructure, affordable and sustainable housing, or workforce development);
May not have otherwise been financed;
Mobilize private capital; and
Support only commercially viable technologies.
Priority project categories include:
The JCF CCIA program will roll out in Waves, with Wave 1 beginning in late 2024/early 2025 and subsequent Waves beginning in mid-2025 and anticipated to run through 2028.
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