POWERING

GOOD JOBS

LOWER BILLS

CLEAN AIR

AMERICA

The National Clean Investment Fund (NCIF) and Clean Communities Investment Accelerator (CCIA) are two critical federal programs working to make sure hard-working American families and businesses have access to cleaner, cheaper energy, transportation and homes. These programs leverage private and public funds to finance projects that lower energy costs, create good jobs, boost American manufacturing, and reduce pollution.

From Arkansas to Alaska, more than $4 billion in local investments is already on track to deliver economic benefits in all 50 states and territories. Over 700 communities, businesses and local lenders have partnered with NCIF and CCIA to borrow funds, receive technical assistance, or request support. And we're just getting started.

INVESTMENTS BY STATE

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IMPACT

NCIF and CCIA programs will deliver historic impacts in every corner of the country. These are the estimated impacts of funds that have been announced, committed, and planned across all eight program recipients:
ESTIMATED

JOBS

ESTIMATED

LOCAL BENEFITS

ESTIMATED

COST SAVINGS

ESTIMATED PRIVATE CAPITAL MOBILIZED

ESTIMATED AMERICANS SERVED

BACKGROUND

In 2022, Congress passed the Inflation Reduction Act which allocated $27B to the Greenhouse Gas Reduction Fund (GGRF). Administered by the Environmental Protection Agency (EPA), the GGRF was divided into three programs including the $14 billion National Clean Investment Fund (NCIF) and the Clean Communities Investment Accelerator (CCIA). The programs were designed to maximize a one-time government investment through innovative financing that leverages private capital and drives demand for American-made clean energy.

Housed at the Environmental Protection Agency (EPA), eight experienced nonprofit financial institutions were selected through an extensive and robust application process to provide affordable, accessible financing for solar and battery storage, electric mobility, and building efficiency in all 50 states and territories. With decades of experience investing in communities and managing billions in capital, awardees are well-equipped to deliver on their EPA-approved work plans with accountability and transparency.

TIMELINE

EARLY PROJECTS

$120 million in cost savings and over 1,500 jobs for American-made solar across Arkansas
The largest commercial solar project in Arkansas is underway thanks to a $31.8 million pre-construction loan bridging gaps in private capital. This project will unleash American manufacturing, support energy independence for Arkansans, and save hard-working families money on their electric bills.
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Healthier homes for more than 200 families
Initial investments in two multifamily affordable housing projects leveraged over $39 million in private capital to improve energy efficiency for 194 units in Oregon and New York. This is just the beginning of a national effort to ensure Americans have affordable, healthy homes to live in – including those impacted by recent natural disasters.
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Over $28 million in cost savings for small trucking businesses
A national electric truck financing program is lowering cost barriers for small businesses and independent owner-operators so they can reduce their operational costs while improving air quality in port communities. Increased demand for heavy-duty electric trucks drives down costs and supports the growth of American manufacturing.
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