Climate First Bank is a full-service bank with a laser focus on environmental sustainability and doing good. In 2021 we launched with one purpose: to create a Bank that centers the planet, people, and profit. This guiding principle has fueled the Bank’s tremendous growth, evidence that we are succeeding not despite our mission, but because of it. We offer both personal and business services as well as mission-driven products such as rooftop solar, renewable energy, building retrofits, EV charging, and the purchasing of certified carbon offsets. We also use our customers’ deposits to support initiatives such as affordable housing and education.

SELF’s mission is to rebuild and empower underserved communities by providing access to affordable and innovative financing for sustainable property improvements, with the primary focus on energy efficiency, renewable energy, and climate resilience in low- and moderate-income (LMI) neighborhoods. We strive to create positive social, economic, and environmental impacts by helping people improve the health, safety, and quality of life in their homes while reducing operating costs and greenhouse gas emissions.

This program provides loan guarantees up to $250 million to assist in the development, construction, and retrofitting of new and emerging technologies. These technologies are: advanced biofuels, renewable chemicals and biobased products. To apply, you must have legal authority, experience, and expertise and demonstrate that you meet the FDIC definition of “Well Capitalized” at the time of application and issuance of the Loan Note Guarantee, including:

• Federal or state-chartered banks.
• Federally-recognized tribes.
• Cooperatives.
• Farm Credit Bank, or other Farm Credit System institution with direct lending authority.
• Credit Unions subject to credit examination and supervision by a state agency or the National Credit Union Administration.
• The National Rural Utilities Cooperative Finance Corporation.

Lendistry is a minority-led small business lender. We help small businesses grow by offering loans as well as administering government and private grant programs. Lendistry was founded in 2015 to open doors and give small business owners a fair chance at getting the funds they need without resorting to predatory lenders.

The electric program makes insured loans and loan guarantees to nonprofit and cooperative associations, public bodies, and other utilities. Insured loans primarily finance the construction of electric distribution facilities in rural areas. The guaranteed loan program has been expanded and is now available to finance generation, transmission, and distribution facilities. The loans and loan guarantees finance the construction of electric distribution, transmission, and generation facilities, including system improvements and replacement required to furnish and improve electric service in rural areas, as well as demand side management, energy conservation programs, and on-grid and off-grid renewable energy systems.

At the Clean Energy Fund of Texas, we provide financing to a variety of groups of people. We want to accelerate the green economy by directing financing into multiple market channels, helping more Texans save money and save energy. Who we finance:

• Community-based organizations
• Residential Financing
• Suppliers of solar panels, high-efficiency insulation, water-saving appliances, smart grid technology, HVAC units and other materials
• Small and large businesses
• Buildings

NY Green Bank is pleased to announce the launch of a $250 million Community Decarbonization Fund (CDF) and encourages Community Development Financial Institutions (CDFIs) and other specialty lenders to apply for this highly concessionary funding pathway to deliver climate justice to residents of disadvantaged communities (DACs). The CDF is expected to expand and accelerate the lending capacity of smaller community-based and mission-driven investors by channeling financing into sustainable infrastructure projects that benefit historically marginalized communities.

The Powering Affordable Clean Energy (PACE) program is part of the Inflation Reduction Act. Under PACE, USDA Rural Development’s Rural Utilities Service (RUS) will forgive up to 60 percent of loans for renewable energy projects that use wind, solar, hydropower, geothermal, or biomass, as well as for renewable energy storage projects. At least 50 percent of the population served by your proposed renewable energy project must live in communities with populations of 20,000 or fewer.

The LACI Incubation program offers hands-on incubation services for cleantech startups to grow in Los Angeles. The first four months of the 2-year program are dedicated to intensive curriculum workshops, one-on-one coaching sessions, and roundtables on go-to-market, investor readiness, and pilots. After the initial curriculum, the program is focused on achieving objectives outlined in a custom business roadmap of fundraising, product development, market access, team growth, pilot deployment, and partnerships.

The Empowering Rural America (New ERA) program helps rural Americans transition to clean, affordable, and reliable energy. By reducing air and water pollution, New ERA funding improves health outcomes and lower energy costs for people in rural communities. A Letter of Interest must be submitted by August 31. The New ERA program is available only to rural electric cooperatives, including:

• Existing or former USDA Rural Utilities Service (RUS) borrowers
• Borrowers of the former Rural Electrification Administration
• Rural electric cooperatives that serve predominantly rural areas
• Wholly or jointly owned subsidiaries of rural electric cooperatives