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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:

Up to $10 million to provide financial assistance to CCIA-eligible projects;
Up to $1 million for capacity building and technical assistance; and

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:

Distributed energy generation and energy storage;
Net-zero buildings; and
Zero-emissions transportation.