Greenhouse Gas Reduction Fund: Financing Network for Communities

On August 16, EPA obligated $27 billion in grants to Greenhouse Gas Reduction Fund recipients under three competitions: the National Clean Investment Fund, Clean Communities Investment Accelerator, and Solar for All. Together, the programs will create a national financing network for clean energy and climate solutions. With funds now in hand, recipients can begin delivering financing for clean technology projects in communities across the country. Solar for All recipients will invest 100% of program funds in low-income and disadvantaged communities. National Clean Investment Fund and Clean Communities Investment Accelerator recipients will dedicate over $14 billion of program funds toward low-income and disadvantaged communities — including over $4 billion for rural communities and almost $1.5 billion for Tribal communities.