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Clean Communities Investment Accelerator (CCIA) and National Clean Investment Fund (NCIF)
The Clean Communities Investment Accelerator (CCIA) and National Clean Investment Fund (NCIF) represent $20 billion of the Greenhouse Gas Reduction Fund (GGRF). Together they work to develop a green financing network across the United States to support clean technology projects.
The CCIA will establish national nonprofit hubs that provide funding and technical assistance to community lenders working in low-income and disadvantaged communities, providing an immediate pathway to deploy projects in those communities while also building the capacity of hundreds of community lenders to finance projects for years.
The NCIF will establish national clean financing institutions that deliver accessible, affordable financing for clean technology projects nationwide, partnering with private-sector investors, developers, community organizations, and others to deploy projects and mobilize private capital at scale.
The OCE is working to develop partnerships with entities awarded through the NCIF and CCIA competitions, such as through the Michigan Climate Investment Accelerator. This initiative will help community lenders like community development finance institutions (CDFIs), credit unions, and green banks across the state secure funding from the GGRF.
Michigan Climate Investment Accelerator
If you are interested in staying up to date on this program, being informed of upcoming engagement opportunities, and/or want to know how you can get involved in the program, please fill out our interest form.
Competitive Green Financing Interest Form
Eligible projects will...
Align with one of the priority project categories...
- Distributed energy generation and storage
- Net zero-emissions buildings
- Zero-emissions transportation
Deliver benefits within one or more of the following...
- Climate Change
- Clean energy and energy efficiency
- Clean transportation
- Affordable and sustainable housing
- Training and workforce development
- Remediation and reduction of legacy pollution
- Development of critical clean water infrastructure
and must...
- Not have been financed otherwise
- Mobilize private capital
- Use only commercial technology
Program timeline
- October 2023: Coalitions submitted applications
- January – March 2024: State of Michigan met with coalition applicants
- April 4, 2024: CCIA and NCIF Awards announced
- Summer 2024: Coalitions negotiated final awards with EPA
- Fall - Winter 2024: Coalitions receive funding and begin program rollout
- Fall 2024 - Summer 2031: Program Implementation
- Project Owners: apply for green financing;
- Community Lenders: Apply for capital and technical assistance funding
More information
Engagement opportunities
If you are interested in staying up to date on this program, being informed of upcoming engagement opportunities, and/or want to know how you can get involved in the program, please fill out our interest form!