NATIVE CDFI NETWORK INC: $400,000,000 Environmental Protection Agency PROJECT GRANT (B)
DESCRIPTION:THIS AGREEMENT PROVIDES FUNDING UNDER THE INFLATION REDUCTION ACT (IRA) TO NATIVE CDFI NETWORK (NCN). THE RECIPIENT WILL PROVIDE FUNDING AND TECHNICAL ASSISTANCE TO COMMUNITY LENDERS WHO WILL IN TURN FINANCE CLEAN TECHNOLOGY DEPLOYMENT IN LOW-INCOME AND DISADVANTAGED COMMUNITIES WHILE SIMULTANEOUSLY BUILDIN
| Recipient | NATIVE CDFI NETWORK INC |
|---|---|
| Awarding agency | Environmental Protection Agency |
| Awarding sub-agency | Environmental Protection Agency |
| Award amount | $400,000,000 |
| Assistance type | PROJECT GRANT (B) |
| Program (CFDA) | GREENHOUSE GAS REDUCTION FUND: CLEAN COMMUNITIES INVESTMENT ACCELERATOR |
| Description | DESCRIPTION:THIS AGREEMENT PROVIDES FUNDING UNDER THE INFLATION REDUCTION ACT (IRA) TO NATIVE CDFI NETWORK (NCN). THE RECIPIENT WILL PROVIDE FUNDING AND TECHNICAL ASSISTANCE TO COMMUNITY LENDERS WHO WILL IN TURN FINANCE CLEAN TECHNOLOGY DEPLOYMENT IN LOW-INCOME AND DISADVANTAGED COMMUNITIES WHILE SIMULTANEOUSLY BUILDING THE CAPACITY OF THE COMMUNITY LENDERS TO DRAW ON THAT CAPITAL TO CATALYZE DEPLOYMENT OF CLEAN ENERGY PROJECTS IN COMMUNITIES ACROSS THE COUNTRYMDASH;ESPECIALLY IN COMMUNITIES THAT HAVE LONG FACED BARRIERS ACCESSING CAPITAL AND THAT MOST NEED THE BENEFITS OF CLEAN TECHNOLOGY PRO |
| Start date | 2024-07-01 |
| End date | 2030-06-30 |
| Place of performance (state) | NE |
| Award ID | 84096101 |
| Official record | https://www.usaspending.gov/award/ASST_NON_84096101_068 |
| Source | USAspending.gov |
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