GGRF Clean Communities Investment Accelerator
$1.87 Billion Grant Program Open for Credit Unions
Inclusiv’s Green Lending Grant Program
On November 19th 2024, Inclusiv launched its Greenhouse Gas Reduction Fund (GGRF) Clean Communities Investment Accelerator (CCIA) green lending grant program, designed to help credit unions and cooperativas offer affordable green loans to low-income and disadvantaged communities (LIDACs).
Inclusiv's CCIA Pre-Qualification Form
Inclusiv’s CCIA pre-qualification form is the first step in our grantmaking process. The first pre-qualification round closed on Wednesday, December 18, 2024 at 5pm EST. For those credit unions that were not able to complete the form by the December 18 deadline, future pre-qualification rounds will be available.
Questions about Inclusiv’s CCIA Pre-Qualification Form?
Download Inclusiv’s CCIA Framework
In the CCIA Framework:
- See “Inclusiv Pre-Qualification Process FAQs” on page 3 of Inclusiv’s CCIA Framework.
- For the list of information Inclusiv requests in the pre-qualification form, see Appendix A on pages 19-21 of Inclusiv’s CCIA Framework.
- To learn about the steps the come after pre-qualification, see “Inclusiv’s Seven-Step CCIA Grant Application and Awarding Process” on page 12 on Inclusiv’s CCIA Framework.
The CCIA program is open to all credit unions and cooperativas based in any U.S. state or territory, or serving any Tribal entity. Over the next three to four years, Inclusiv will provide 300 to 400 credit unions with grants ranging from $275,000 to $11 million. The grants will help cover operating and capitalization costs of their green lending programs, as long as 100% of these funds reach LIDACs.
Credit unions DO NOT need to have a green lending program in order to participate. Inclusiv will provide training to credit unions to design their green lending program as part of the grantmaking process.
Current CCIA Program Status
CCIA funds were formally obligated to Inclusiv via an award agreement with the U.S. Environmental Protection Agency (EPA) on August 16, 2024. With our award now in hand, Inclusiv, as a CCIA recipient, can begin to provide funding and technical assistance to credit unions (CUs). Inclusiv is moving forward with the delivery of our CCIA program in accordance with the EPA-approved program workplan that is posted here.
Summary of Timeline and Next Steps
Interested credit unions started the first phase of the application process by filling out our pre-qualification form.
The deadline to submit the pre-qualification form for this round was December 18, 2024 at 5pm EST. For those credit unions that were not able to complete the form by the December 18 deadline, future pre-qualification rounds will be available.
All credit unions and cooperativas that submitted a pre-qualification form should expect a status update in the first quarter of 2025.
The pre-qualification form is NOT the full grant application. The full grant application will open in early 2025.
For any additional questions, please see the Inclusiv CCIA Framework.
Need Help?
Please refer to our CCIA Framework and the pre-qualification webinar recording for an overview of our CCIA program and answers to frequently asked questions. If you are unable to find answers to your questions, please email CCIASupport@inclusiv.org.
For Credit Union Leagues
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