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Inclusiv applies for the EPA’s clean communities investment accelerator to transform communities capitalizing clean energy finance

NEW YORK, NY (October 12, 2023) — Inclusiv has applied for the Environmental Protection Agency’s (EPA) $6 billion Greenhouse Gas Reduction Fund Clean Communities Investment Accelerator (CCIA) with the intent to  to catalyze clean energy and energy efficiency lending in low-income and disadvantaged communities through locally-owned and controlled credit unions. CCIA will reduce greenhouse gas emissions, help energy cost burdened households save money on utility bills and improve health outcomes by reducing air pollution, all with a laser focus on equity.

“CCIA is a groundbreaking program that will ensure low-income communities, Black, Hispanic, AAPI and Native communities, and pollution-burdened and climate-vulnerable communities benefit from clean energy and energy efficiency investments while building the capacity of community development credit unions to meet local climate finance needs,” said Neda Arabshahi, Vice President, Inclusiv Center for Resiliency and Clean Energy.

Inclusiv is a leader in mobilizing and training community development credit unions and other community lenders to develop clean energy and energy efficiency loan products that meet the needs of their communities. Adding CCIA funding to Inclusiv’s in-depth training will turbocharge community development credit unions’ ability to meet their members’ needs for electric vehicle loans, energy efficiency home improvements, and clean energy technology like solar panels, and will have a transformative impact on building a more resilient and equitable economy.

In addition to our CCIA application, Inclusiv is proud to be participating in the Justice Climate Fund’s application to the National Clean Investment Fund.

“The Justice Climate Fund’s community-first approach and strong coalition of mission-driven members will advance climate justice and we are looking forward to working with its incredible coalition of members to build an equitable and sustainable future for all.” – Cathie Mahon, President/CEO of Inclusiv.


About Inclusiv

Founded in 1974, Inclusiv empowers its member credit unions to advance financial inclusion through advocacy, education, technology, and impact investment. Inclusiv is a certified CDFI intermediary instrumental in driving private and public investment in credit unions to build wealth for individuals, households, businesses, and communities formerly excluded from the financial mainstream.

Contacts

Kyiakhalid Ruiz
Director of Communications, Inclusiv
(212) 809-1850 x210

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