To apply to the JCF CCIA program, an entity must:
- Be a CDFI bank or a public, quasi-public, or nonprofit community lender
- 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
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
Training and resources to support climate financing and community engagement activities
To qualify under the CCIA program, projects must:
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
Support only commercially viable technologies
Priority project categories include:
Distributed energy generation and energy storage
Net-zero buildings
Zero-emissions transportation.
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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